As a pioneer in China's local rating industry, China Chengxin (the predecessor of China Chengxin International) has been leading the development of China's credit rating industry since its establishment in 1992, and has innovatively developed dozens of credit rating businesses, including corporate bond rating, short-term financing bill rating, medium-term bill rating, convertible bond rating, credit enterprise rating and corporate governance rating.
In recent years, China Chengxin International has completed a number of pioneering rating services and technologies in the credit rating business. The new rating service and technological innovation have greatly promoted the development of China's rating market and improved the technical level of China's credit rating industry.
China Chengxin International is an enterprise bond rating agencies approved by the National Development and Reform Commission; It is also a credit rating agency in the inter-bank bond market recognized by the People's Bank of China; The Measures for the Administration of Corporate Bonds Invested by Insurance Companies issued by China Insurance Regulatory Commission on May 30th, 2003 listed China Chengxin International as the first recognized credit rating agency.
The rating system of China Chengxin International;
China Chengxin International is the only leading company in the domestic rating industry to formally introduce international rating technology and methodology system. It has the highest quality analyst team, the strongest professional ability, the most comprehensive technical ability and the richest innovative performance in the industry, and has the strongest technical advantages in high-end products such as asset securitization.
At present, China Chengxin International is the only rating agency in the domestic rating industry that fully draws lessons from Fitch and Moody's rating method system and experience, and combines 16 domestic rating practice to complete the localization of international advanced rating method system.
In April 2007, China announced the first batch of rating methods for four industries, and the rating methods for 20 industries have been completed. It is the only rating company in the industry that officially discloses the rating method and sets different rating standards according to the industry.
Baidu Encyclopedia-China Chengxin International Credit Rating Co., Ltd.