On April 9, 2026, CSPI Ratings was invited to attend an on-site event and give a speech at “CSCI 2026 (5th Annual) Credit Service Annual Conference", hosted by China Securities Credit Investment Co., Ltd. ("CSCI"). The Conference was held at the JW Marriott Hotel, Qianhai, Shenzhen, China, under the theme “Discuss the 15th Five-Year Plan · Plan for the Intelligence+”. It focused on key topics including the macroeconomic trend under the 15th Five-Year Plan, transformation of local government fiancning vehicles (LGFVs), upgrade of quasi financial institutions, AI applications, and credit risk management. 

This year’s conference gathered 400+ industry leaders, practitioners, and academic experts from sectors such as LGFVs, financing guarantee companies, leasing, factoring, and local financial holdings, as well as regulatory authorities and the academic community. Two sub-venues were set up - quasi-financial institutions and local platforms, where participants held in-depth discussions on the transformation and upgrading of quasi-financical institutions and LGFV entities under the 15th Five-Year Plan.

In his opening remarks, Mr. Jin Chen, President of CSCI, noted that as the blueprint of the 15th Five-Year Plan unfolds and the “Artificial Intelligence+” initiative accelerates, digitalization and intelligence have evolved from a trend into a mandatory requirement across industries. CSCI has long pursued technology-led development, aiming to be a long-term partner to institutional clients in credit services. By deeply cultivating capabilities in credit rating, credit enhancement, and credit investing - while embedding credit technology as the core engine for growth, the company strengthens internal synergy through technical capabilities and delivers intelligent technology solutions externally, helping clients improve efficiency and jointly build a high-performance, trust-based credit services ecosystem. The company also hopes to use this conference as a open platform for collaboration, enabling the industry to explore new drivers of productivity in credit services and contribute financial support to high-quality development under the 15th Five-Year Plan.

At the local platform sub-venue, Dr. Larissa Wu, Head of Ratings at CSPI Ratings, delivered a keynote speech titled “A New Cross-Border Investment and Financing Ecosystem: Opportunities and Breakthroughs from Bilateral Openness of the Bond Market under the 15th Five-Year Plan”. Larissa emphasized that during the 15th Five-Year Plan period, the bond market’s bilateral opening will enter a new stage of “quality enhancement”. This will be reflected in a mutually reinforcing framework between Panda bonds and offshore bonds, and between Free Trade Zone bonds and Yulan bonds, while also supporting ongoing expansion of offshore dim sum bonds, ESG bonds, and convertible bonds. Under compliance guidance, the market can explore innovations such as digital bonds. These developments will provide diversified financing channels for local state-owned enterprises, enabling industrial transformation, and supporting overseas expansion strategies. By selecting bond types that match borrowers' needs, timing issuance effectively, combining currencies with FX hedging tools, and leveraging professional credit enhancement guarantee institutions, enterprises can optimize overall issuance costs and enhance financing efficiency.

In the conference, CSCI, together with its subsidiaries CSCI Pengyuan Credit Rating Co., Ltd., CSC Guarantee Co., Ltd., CS CreditTech Services Co., Ltd., CS Credit Technology Co., Ltd., and others, showcased a technology-oriented digital ecosystem in the exhibition area, which received broad recognition from attendees.

About CSCI

China Securities Credit Investment Co., Ltd. ("CSCI") is a nationwide comprehensive credit services institution, established on May 27, 2015. It was jointly funded by 34 leading domestic securities and insurance firms, internet companies, government investment platforms, and others, including Guotai Haitong Securities Co., Ltd., Guangfa Securities Co., Ltd., SDIC Securities Co., Ltd., and China People’s Insurance Group.

The group has 7 first-tier controlling subsidiaries, including CSCI Pengyuan Credit Rating Co., Ltd., CSC Guarantee Co., Ltd., CSCI Commercial Factoring Co., Ltd., CSCI Capital Management Co., Ltd., CSCI Asset Management Co., Ltd., CS CreditTech Services Co., Ltd., and CSC Technology Co., Ltd. It also has 2 equity-accounted/joint-venture companies, including Shanghai Huanqin Information Technology Co., Ltd. (Dealing Matrix) and Ruitinggou (Shenzhen) Information Technology Co., Ltd. (RatingDog).

Driven by technology, CSCI builds a credit services ecosystem covering the full life cycle of customers. Through a full credit chain service model built on four credit business segments — rating, enhancement, investment, and technology — the company helps resolve credit risks while reducing costs and improving efficiency for customers. To date, CSCI and its affiliated/invested companies have provided comprehensive credit services to nearly 28,000 institutional users, including industrial and commercial enterprises, new-economy entities, financial institutions, government departments, and internet platforms.

About CSPI Ratings

CSPI Ratings (Full name: CSPI Credit Rating Company Limited) is a leading global credit rating agency headquartered in Hong Kong. Licensed by the Hong Kong Securities and Futures Commission (SFC) since 2012, we provide world-class credit insights, combining global benchmarks with an emerging market perspective.

In 2025, CSPI Ratings was recognized by the Mandatory Provident Fund Schemes Authority (MPFA) as an "Approved Credit Rating Agency," joining Hong Kong’s MPF regulatory framework. As of the end of 2025, MPF total assets reached over HKD 1.5 trillion.

CSPI Ratings’ analytical excellence is widely recognized, having been honored with DMI's "Internationalization Award for a Chinese Rating Agency" for two consecutive years (2025-26). Additionally, we were recognized as "Public Finance Rating Agency of the Year – China" by The Asset from 2022 to 2026, achieving this accolade for five consecutive years. Furthermore, we received the "2025 Internationalization Award for Chinese Credit Rating Agencies" from the China (Macao) Financial Assets Exchange (MOX).

As a member of China Securities Credit Investment Group, CSPI Ratings leverages a strong network of 34 leading Chinese financial institutions. As the international brand of CSCI Pengyuan, we bridge global investors with trusted credit insights.

Rating Services Contact

Email: globalservice@cspi-ratings.com

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