Tangshan Jidong Cement rebrands, credit ratings unchanged

China Lianhe Credit Rating Co., Ltd. announced that Tangshan Jidong Cement Co., Ltd. (now BBMG JIDONG CEMENT GROUP CO.,LTD) has completed its company name and stock short name change. Effective September 4, 2025, the company's English name changed to "BBMG JIDONG CEMENT GROUP CO.,LTD". The English stock short name changed from "JIDONG CEMENT" to "BBMG JIDONG".

Despite the rebranding, Lianhe Credit Rating assessed that these changes have not negatively impacted the company's credit profile. The company's individual credit rating remains at aa⁺, with its long-term corporate credit rating maintained at AAA, supported by its controlling shareholder and external assistance. The outlook remains stable.

The company currently has four publicly issued bonds rated by Lianhe Credit Rating, with total outstanding balances of RMB 33.40 bn. All bond ratings are AAA/stable. Lianhe Credit Rating will continue to monitor the company's operational performance and disclose any relevant matters that may affect its creditworthiness.