Anrong Credit Reappointed as ESG Rating Provider for China Development Bank’s First 2025 R&D Loan Portfolio for the Second Consecutive Time
On August 15th and August 24th, Anrong Credit Reporting Co., Ltd (referred to as "Anrong Credit") successively received bid award notices from the Xinjiang Uygur Autonomous Region Branch of China Development Bank (CDB), appointing the firm as the provider of Environmental and Social Risk Assessment Reports (ESG Rating Services) for two large enterprise groups comprising 19 R&D loan portfolio under CDB’s first 2025 funding tranche.
Established in 1994 under the State Council, China Development Bank is a state-owned development financial institution with independent legal person status. Its core mission—“Enhancing National Strength and Improving People’s Livelihood”—is advanced through medium-to-long-term investment, financing, and integrated financial services supporting strategic national priorities and addressing economic vulnerabilities.
Leveraging its profound professional expertise and rigorous assessment methodology, Anrong Credit will deliver precise environmental and social risk assessment reports (ESG ratings) complemented by a suite of high-value ancillary services.
Anrong Credit’s appointment followed a multi-tiered evaluation by CDB, which meticulously selected from five domestic institutions possessing Green Bond Assessment Certification credentials registered with the Green Bond Standards Committee (jointly established by the People’s Bank of China and the China Securities Regulatory Commission).
This milestone victory against several formidable competitors underscores not only client recognition of Anrong Credit’s specialized capabilities but also reinforces the company’s commitment to advancing its expertise in green bond verification and ESG ratings. Anrong Credit will continue to enhance service quality for global clients while contributing to China’s broader green finance initiatives.