S&P: Withdraws the "A" long-term issuer credit rating for Beijing State-Owned Assets Company at the issuer's request

Rui Si Network News: On March 23, at the issuer’s request, S&P has withdrawn the long-term issuer credit ratings of Beijing State-Owned Assets Management Co., Ltd. (Beijing State-Owned Assets Management Co., Ltd., referred to as “Beijing SOE”) for the “A” rating, as well as the “A-” long-term issuer credit rating of Beijing State-Owned Assets Management (Hong Kong) Company Limited (referred to as “Beijing SOE Hong Kong”). Prior to the rating withdrawal, the company’s and its Hong Kong SAR subsidiary’s outlooks were stable.