Dagong Global

Dagong Global Credit Rating Co., Ltd. (hereinafter referred to as "Dagong Global"), established in 1994, is a nationwide credit rating agency jointly approved by the People's Bank of China and the former State Economic and Trade Commission. It holds all rating qualifications approved by government regulatory authorities and is capable of conducting credit ratings on all debt instruments and participating entities in China's capital market. Dagong Global is a controlling subsidiary of China Guoxin Holdings Co., Ltd., with its headquarters in Beijing. Currently, it employs 151 professional analysts engaged in rating operations and research, 100% of whom have completed securities practitioner registration, and 98% hold master's or doctoral degrees. Over the 30 years since its establishment, Dagong Global has independently researched and formulated credit rating standards for countries, local governments, and industries, promoted the innovative design, promotion, and application of domestic debt instruments, and has successively conducted credit ratings on nearly 10,000 enterprises across 31 provinces (autonomous regions and municipalities directly under the central government), the Hong Kong Special Administrative Region, and more than 70 industries.