Credit rating agencies are legally established social intermediaries engaged in credit rating business, that is, important service intermediaries in the financial market. It is an organization composed of specialized economic, legal and financial experts to rate securities issuers and securities credit. There are only three professional credit rating agencies recognized as the most authoritative in the world, namely Standard & Poor's, Moody's Investment Services and Fitch Ratings. Faced with great opportunities and the pressure of survival, credit rating agencies should strengthen cooperation and exchanges with all walks of life outside, and constantly improve their professional quality and management level. The most fundamental function is to express opinions independently on the credit status of securities, which is manifested in the possibility of investors obtaining interest and recovering the principal on time.
The well-known credit rating agencies are as follows:
1. China Chengxin International Credit Rating Co., Ltd. (hereinafter referred to as "China Chengxin International" or "CCXI" in English) is a Sino-foreign joint venture credit rating agency approved by the head office of the People's Bank of China of the People's Republic of China and the Ministry of Commerce of China and registered with the State Administration for Industry and Commerce of China.
2. Pengyuan Credit Rating Co., Ltd., formerly known as "Shenzhen Credit Rating Company", was approved by China People's Bank, China Securities Regulatory Commission and National Development and Reform Commission, and engaged in credit rating business nationwide. Shareholders are Shenzhen Chengben Credit Service Co., Ltd. and Shenzhen Gold Investment Co., Ltd., with 465,438+0 natural person shareholders.
3. United Credit Rating Co., Ltd. (hereinafter referred to as "United Credit Rating") United Credit Rating is the only state-owned credit rating agency in China and one of the most professional credit rating agencies recognized in the market.
4. Dagong International Credit Rating Co., Ltd. (hereinafter referred to as "Dagong International") is a professional institution for credit rating and risk analysis in China and a major service provider for credit information and decision-making solutions in China.
5. Shanghai Far East Credit Evaluation. 1In March, 988, Shanghai Far East Credit Rating Company, the first social professional credit rating agency independent of the banking system in China, was first established, and was invested by Shanghai Academy of Social Sciences.