S&P Global (China) Ratings has assigned its AAA_spc(sf) rating to the Senior Notes of the Jianxin 2020-4 Non-performing Asset Backed Securities transaction issued by China Construction Bank Trust Co., Ltd. (CCB Trust) as trustee of Jianxin 2020-4 Non-performing Asset Backed Securities.

List of Ratings:
Senior Notes: AAA_spc(sf)

Media Contacts:
Sharon Tang, Beijing, (86)10-6569-2988; sharon.tang@spgchinaratings.com

Analyst Contacts:
Kan Zhou, Beijing; kan.zhou@spgchinaratings.cn
Beibei Shi, Beijing; beibei.shi@spgchinaratings.cn
Jiarong Li, Beijing; jiarong.li@spgchinaratings.cn

(Note: This document is prepared in both English and Chinese. The English translation is for reference only, and the Chinese version will prevail in the event of any inconsistency between the English version and the Chinese version.)