Recently, Shanghai Horizon Equipment Engineering Co., Ltd, a subsidiary of CDHORIZON, has been awarded AAA main credit rating with stable outlook by CCXI International Credit Rating Co.

In the rating report, CCXI fully recognized the positive factors of strong shareholder support, leading market position and significant brand awareness in the equipment operation field, well-established regional layout, and rich product mix, etc., which support the company's overall operation and credit level. CCXI also believes that the credit ratings of CDHORIZON's subsidiaries will remain stable over the next 12 to 18 months.

As a rating agency recognized by the National Development and Reform Commission (NDRC), the People's Bank of China (PBOC), the China Insurance Regulatory Commission (CIRC) and other regulators, CCXI is a domestic professional credit rating agency with the longest history and the most complete qualifications in the domestic rating industry, and it enjoys a good reputation and wide influence in the domestic capital market.

It is reported that AAA is the highest grade of domestic enterprise credit rating, which is the "pass" of enterprises in the capital market. The AAA rating is not only a full affirmation of CDHORIZON's excellent comprehensive strength, refined management ability and risk resistance, but also a recognition of its operation status and development prospect.

The AAA main credit rating of CDHORIZON's subsidiaries provides credibility support for the company's high-quality development, which will further enhance its competitiveness and influence in the market.

CDHORIZON is a comprehensive equipment operation service provider under Far East Horizon (03360.HK), which reconstructs the equipment supply chain system on the basis of construction , engineering equipment and materials, committed to providing multi-functional, multi-dimensional and full-cycle comprehensive services to customers, continuously creating value for customers.In 2023, the company was listed on the main board of the Hong Kong Stock Exchange, stock code 09930.HK.

Since its establishment, the company has become China's largest and most capable integrated equipment operation and service platform, with total assets of more than 30 billion yuan, ranked 14th in IRN100, and serving more than 190,000 customers.

By the end of June 2023, CDHORIZON's global network consists of 419 service locations covering nearly 200 cities. AERIAL WORK PLATFORM, NEO-SCAFFOLDING SYSTEM and NEO-SCAFFOLDING SYSTEM are the main product lines of the company, which are effectively coordinated and connected to build a comprehensive operation and service system focusing on the whole life cycle management of construction machinery and equipment, and to create green and high-quality projects. 

The company has always adhered to the vision of "Committed to becoming a trustworthy comprehensive equipment operation service provider", leading the development of the industry,  BE GLOBAL FOR SHARED PROSPERITY.