On December 20, 2022, Beijing Energy International was assigned by Standard & Poor’s Global Ratings a Long-Term Issuer Default Rating(IDR) of ‘BBB+’ with a Stable Outlook, marking yet another major achievement in its development in 2022.

Picture source: Standard & Poor’s team

On December 13, Beijing Energy International was assigned by Fitch Ratings with a first-time Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘A’ with a Stable Outlook. The affirmation of two internationally authoritative rating agencies will further consolidate the company’s image in the overseas capital market and make it more attractive for investors, which will continue to effectively reduce its financing cost and bring new vigor and vitality into its sustainable and high-quality development in the future.