▌   3A credit rating:

Credit rating is a classification of corporate creditworthiness by credit rating agencies based on the results of corporate credit ratings. It reflects the level of corporate creditworthiness. Western countries define corporate credit ratings. Some use three levels: AAA, AA, and A, while others use three categories and nine levels, namely 3A, 3B, and 3C. They guide investor behavior by defining corporate categories. The work of credit assessment and rating of Chinese companies began in the 1980s. Generally, companies are only divided into three categories. Some places use foreign representation methods, namely AAA, AA, and A, while others use the Chinese representation method, called first, second, and third-level companies. Different credit ratings will greatly vary the difficulty and conditions for companies to raise funds in the market and obtain bank loans.

▌   What information do I need to provide for the AAA credit rating certification?

1. Original copy of the Credit Rating Application Form, with company seal

2. Business license

3. Organization code certificate

4. Tax registration certificate

5. Provide a copy of the audit report of the annual financial report (balance sheet, profit and loss statement, cash flow statement) audited by the accounting firm for the past three years, and submit the latest registered capital verification report

6. Organizational Chart

7. Company profile (including the company's core products or services, major market areas, staff size, profile of the main person in charge, etc. If it is a production-oriented company, it is also necessary to introduce the current production capacity, the output of core products in the past three years, product technology research and development investment, etc.)

8. Business license or compulsory certification related to this industry