Fitch Ratings: Confirms the long-term issuer default rating of Qingdao Huatong Group as "BBB+" with a stable outlook.

On January 19th, Fitch confirmed the long-term foreign currency and local currency issuer default rating (IDR) of Qingdao China Prosperity State-owned Capital Investment Operation Group Co., Ltd (referred to as "Qingdao China Prosperity Group") as "BBB+" with a stable outlook.