Yango Group Co., Ltd: New Issuer - Debt-funded business expansion weighs on credit profile
CORPORATES CREDIT OPINION 2 November 2017 New Issue RATINGS Yango Group Co., Ltd Domicile China Long Term Rating B2 Type LT Corporate Family Ratings Outlook Stable Please see the ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Kaven Tsang, CFA +852.3758.1304Fujian 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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