Zhejiang Renjie Machinery Electronics Co., Ltd. passed the China Enterprise Credit AAA Certificate on 23.2.2022.

Enterprise credit rating certification is the classification of enterprise credit rating by credit assessment agencies according to the results of enterprise credit assessment. It reflects the level of enterprise credit rating and the overall integrity image of an enterprise. , corporate publicity, etc., all require companies to issue credit rating certificates, credit rating certificates, credit reports, etc. Our bank adopts the internationally accepted "four-level ten-level" rating scale, and the specific grades are divided into: AAA, AA, A, BBB, BB, B, CCC, CC, C, D. The AAA grade is the highest grade and the D grade is the lowest. The higher the credit rating, the higher the credit level of the enterprise, the better the operating conditions and profitability, and the stronger the performance and solvency.
AAA grade Excellent credit The company has a high degree of credit and low debt risk. Such enterprises have excellent credit records, good operating conditions, strong profitability, and broad development prospects. Uncertain factors have little impact on their operations and development.
AA-level good credit The company has a high degree of credit and less debt risk. Such enterprises have excellent credit records, good operating conditions, high profitability, and broad development prospects. Uncertain factors have little impact on their operations and development.
Grade A Good credit The company has a good credit rating and there is no problem in repaying debts under normal circumstances. Such enterprises have good credit records and operate in a virtuous cycle, but there may be some uncertain factors that affect their future operations and development, thereby weakening their profitability and solvency.
BBB-level credit average The credit level of the enterprise is average, and the ability to repay debts is average. The credit records of such enterprises are normal, but their operating conditions, profitability and future development are easily affected by uncertain factors, and their solvency may fluctuate.
BB grade Poor credit The company has poor credit and insufficient solvency. Such enterprises have many bad credit records, the future prospects are uncertain, and there are speculative factors.
Grade B: Poor credit The company has poor credit and weak solvency.
CCC rating very poor credit The company has very poor credit and almost no ability to pay its debts.
CC grade Very poor credit The enterprise has a poor credit rating and has no solvency.
Grade C No credit The enterprise has no credit.
Class D, no credit, the company is on the verge of bankruptcy