Will AA rating expire?

The rating AA will expire, and this rating has a certain period.

The rating method of the city investment industry firstly analyzes the local regional economy, government financial strength and local government debt where the platform company is located, and then analyzes the credit risk of the city investment company itself, mainly analyzing and judging all the factors that affect the debtor's business risk and financial risk, and finally gives the credit rating of the assessed subject according to the debtor's judgment.

Here we briefly introduce the rating level. The main credit ratings are AAA, AA+, AA, AA- and A+.

AAA: It is the highest credit rating, indicating that the enterprise has strong solvency and is basically unaffected by the adverse economic environment, and the default risk is extremely low.

AA level: strong solvency, less affected by adverse economic environment and low default risk.

Grade A: Strong solvency, vulnerable to adverse economic environment and low default risk.

Each grade can be fine-tuned with "+"and "-",indicating that it is slightly higher or lower than this grade. The main credit ratings of platform companies are concentrated in AA and above. In recent years, the credit ratings of platform companies are on the rise. And there are great regional differences, especially in the central region.