Moody's assigns first-time Baa2 rating to China Gezhouba Group; outlook stable
Rating Action: Moody's assigns first-time Baa2 rating to China Gezhouba Group; outlook stable. Global Credit Research- 08 Oct 2020. Hong Kong, October 08, 2020-- Moody's Investors Service has assigned a Baa2 issuer rating to China Gezhouba Group Company Limited.China Gezhouba Group is engaged in undertaking of water conservancy and hydropower engineering project; exploration, design and installation of route, embankment, bridge, airport, transmission line and other construction engineering projects; manufacture and installation of electromechanical equipment; manufacture and repair of ship; manufacture of metal structure pressure container and low-voltage switchgear; manufacture, sale and export of cement, binder, welding rod, marble, phosphorus, carbon and other chemical products; provision of transportation and tourism services; lease of property; and investment and development of hydropower station, water conservancy and transportation projects.
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