Moody's assigns first-time B1 CFR to Huayuan Property; outlook stable
Moody's Investors Service has assigned a first-time B1 corporate family rating (CFR) to Huayuan Property Co., Ltd. The rating outlook is stable. RATINGS RATIONALE "Huayuan Property's B1 CFR reflects the company's long operating history and strong brand name in Beijing,...Huayuan Property is engaged in development of real estate; sale of residential houses; refurbish of old building; development of land; public work construction; lease of houses; management property; sale of construction material, decorative material, machinery, electronic appliances and equipment, hardware, chemical and air-conditional equipment; provision of consultation services; and self managed-operation and acting agents for imports and exports of all kinds of goods and technologies. Through its subsidiaries, Co. is also engaged in the industrial investment.
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