2002
(History)
In 2002, the predecessor of China Chengxin Group, China Chengxin Investment Co., Ltd., was established, focusing on developing investment and banking services and building an investment holding platform to achieve the group's segmented management. In May of the same year, China Chengxin Securities Appraisal Co., Ltd. was renamed to China Chengxin Credit Management Co., Ltd., to become a comprehensive credit management company, promoting the development of the credit industry through a series of continuous reforms and innovations.
2005
(History)
In 2005, the People's Bank of China promulgated the "Regulations on the Administration of Short-term Financing Bills", marking the first year of China's capital market rating. CCX undertook the rating work for four of the first five companies that issued short-term financing bills (State Development and Investment Corporation, China Minmetals Corporation, Air China Limited, and Huaneng Power International Limited). Since then, the scale of CCX's rating business has grown significantly.
2006
(History)
In 2006, China Chengxin and Moody's, one of the world's three largest rating agencies, signed a joint venture agreement in Beijing, whereby Moody's acquired 49% of the shares of China Chengxin International. China Chengxin International absorbed Moody's advanced rating methods and technologies and independently carried out credit rating business.
2006
(History)
In May 2006, the first “China Macroeconomic Forum (2006)” co-sponsored by CCX and Renmin University of China was held in the lecture hall of the School of Economics in the Mingde Building of Renmin University of China. The China Macroeconomic Forum is a model of the integration of industry, academia and research. Later, the National Development and Strategy Institute of Renmin University of China was established on this basis, becoming an important national think tank. Its related research results have been repeatedly commended by the central leadership.
2007
(History)
In September 2007, the China Securities Regulatory Commission approved the securities market credit rating business of China Chengxin Securities Rating Co., Ltd., making it the first institution in China to obtain securities market credit rating qualifications. In the same year, the first corporate bond in China undertaken by China Chengxin, the Yangtze Power Company bond, was officially listed.
2009
(History)
At the end of 2009, it invested in Canadian listed company MCR and took control of Yabuli Sunshine Ski Resort, officially operating China's first top international snow and ice resort, and introduced the world's largest tourism and holiday chain group, Club Med, to participate in the resort hotel management. At the historical moment of mass consumption upgrading, China Credit Group officially entered the new cultural tourism field with broad development prospects. Since then, the permanent venue of the Yabuli Entrepreneurs Forum has been built and landed here, and annual meetings are held every year to help the region develop into "China's Davos".
2012
(History)
In June 2012, China Chengxin (Asia Pacific) Credit Rating Co., Ltd. officially obtained the Category 10 financial license issued by the Hong Kong Securities and Futures Commission. It mainly provides credit rating services in the Hong Kong market and became the first mainland China credit rating agency to obtain a financial practice license in Hong Kong. This is a key step for China Chengxin to implement the internationalization strategy of Chinese rating agencies.
2013
(History)
In September 2013, the China Chengxin International Postdoctoral Research Station was established with the approval of the National Postdoctoral Management Committee. It aims to train high-level researchers in the credit field, strengthen credit theory research, improve the professional skills and level of credit and risk management, promote technological innovation and development of China's rating industry, and better serve the financial market. The research areas of the postdoctoral station include capital market credit risk research, country risk research, local government debt risk research, and structured product rating technology research.
2016
(History)
In August 2016, China Chengxin International officially released the first “green bond assessment method” in China’s rating industry - “China Chengxin Green Bond Assessment Method” and held a seminar, which was highly recognized by experts from the Green Finance Committee and the Ministry of Environmental Protection. Since then, China Chengxin has been deeply involved in the construction of many policies in China’s green finance field and has made important contributions to the development of China’s green finance industry.
2020
(History)
In March 2020, China Chengxin Green Finance Technology (Beijing) Co., Ltd. was established, becoming the first third-party institution in China's rating industry to specialize in providing green and sustainable finance and ESG-related services. In November of the same year, the "ESG Evaluation Guidelines for Listed Companies in China's Petroleum and Chemical Industry" jointly drafted by CCXGF and China Chemical Information Center was officially released and implemented, becoming China's first ESG evaluation standard for listed companies.



