Moody's assigns first-time B2 rating to Yango; outlook stable
Rating Action: Moody's assigns first-time B2 rating to Yango; outlook stable. Global Credit Research- 24 Oct 2017. Hong Kong, October 24, 2017-- Moody's Investors Service has assigned a first-time B2 corporate family rating to Yango Group Co., Ltd..Fujian Sunshine Industrial Development is engaged in the real estate development; the development of infrastructures and the manufacture of electronic products, light industry products; the provision of comprehensive technical services; the manufacture of textiles; and the wholesale and retail of electronic products, household appliances, building materials, general merchandise, hardware, metal materials, textiles, plastic products and non staple food. Through its subsidiaries, Co. is engaged in commercial property management; development of computer software and maintenance of hardware; and hotel investment and management.
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