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2021.11.05

Warm Celebration on Donghong Group & Donghong Shipbuilding Achieving AAA Credit Rating for 15 Consecutive Years

Recently, Donghong Group and Zhejiang Donghong Shipbuilding Co., Ltd. have once again been awarded the AAA Enterprise Credit Rating Certificate by Ningbo Fareast Credit Rating Co., Ltd. (hereinafter referred to as Fareast Credit Rating), marking 15 consecutive years of AAA certification. This signifies that Donghong Group and Donghong Shipbuilding's capital strength, business model, and credit level have received high recognition from authoritative institutions.

Fareast Credit Rating analyzed and evaluated our company's credit status based on six dimensions: corporate fundamental quality, financial structure, debt repayment capacity, operational capability, business efficiency, and development prospects. As a primary indicator measuring an enterprise's ability to fulfill economic contracts and its trustworthiness, credit rating plays a vital role in market sales, debt investments, and optimizing capital structure through bank loans. Among these, AAA represents the highest credit grade, indicating excellent credit history, strong operational performance, high profitability, superior asset quality, robust debt repayment capacity, and minimal risk—serving as a "credit ID card" for enterprises in the market economy. 

This distinguished credit rating not only validates the comprehensive strength of Donghong Group and Donghong Shipbuilding within the industry but also constitutes invaluable intangible assets. It actively enhances corporate reputation and social recognition while providing a powerful guarantee for further market expansion and strengthened competitiveness.

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2024.10.04

Warm Congratulations on the Smooth Launching of the 6,800 DWT General Cargo Ship "XIN ZHONG RUI 20"

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