<?xml version="1.0" encoding="UTF-8"?>
<urlset xmlns="http://www.sitemaps.org/schemas/sitemap/0.9">
<url>
<loc>https://www.spgchinaratings.cn/</loc>
<lastmod>2026-10-20T17:22:20+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>1.0</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/researchSearch</loc>
<lastmod>2025-09-01T14:22:22+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/ratingsSearch</loc>
<lastmod>2025-09-01T14:22:49+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/search</loc>
<lastmod>2025-09-01T14:23:17+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/contact-us</loc>
<lastmod>2025-09-01T14:23:42+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/about-us</loc>
<lastmod>2025-09-01T14:24:01+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/methodology</loc>
<lastmod>2025-09-01T14:24:19+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/events</loc>
<lastmod>2025-09-01T14:24:40+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/products-services/private-credit-analysis</loc>
<lastmod>2025-09-01T14:25:06+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/products-services/credit-ratings</loc>
<lastmod>2025-12-29T12:05:58+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/research</loc>
<lastmod>2025-09-01T14:25:47+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/ratings</loc>
<lastmod>2025-09-01T14:26:16+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en</loc>
<lastmod>2025-09-01T14:22:22+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/ratings</loc>
<lastmod>2025-09-01T14:22:49+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/methodology</loc>
<lastmod>2025-09-01T14:23:17+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/products-services/panda-bonds</loc>
<lastmod>2025-09-01T14:23:42+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/research</loc>
<lastmod>2025-09-01T14:24:01+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/events</loc>
<lastmod>2025-09-01T14:24:19+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/about-us/about-us</loc>
<lastmod>2025-09-01T14:24:40+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/contact-us/index</loc>
<lastmod>2025-09-01T14:24:40+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a1588b-72b2-763e-9f7e-779ad43d532c&amp;pdfUrl=%2Fupload%2F20261020_Credit%2520Rating%2520Report_Citi%2520%28China%29_2026-CN.pdf&amp;type=ratings</loc>
<lastmod>2026-10-20T16:12:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a13eb9-34e1-7617-b44a-aa69bcff9058&amp;pdfUrl=%2Fupload%2F20261014_Herald%2520Leasing2025-1ABN.pdf&amp;type=ratings</loc>
<lastmod>2026-10-14T16:42:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a1399d-92ef-771a-ba90-56a6b9a1cd28&amp;pdfUrl=%2Fupload%2F20261014_Beijing%2520Tianjie%2520Group%2520Co.Ltd%25202026%2520MTN%2520rating%2520report.pdf&amp;type=ratings</loc>
<lastmod>2026-10-14T14:54:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a13eae-4201-73b9-9963-515d9cdeb128&amp;pdfUrl=%2Fupload%2F20261014_withdrawal%2520SAC2024-2.pdf&amp;type=ratings</loc>
<lastmod>2026-10-14T13:35:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a12037-3da5-730c-9f1d-4e6986cdc619&amp;pdfUrl=%2Fupload%2F20261009_SAC2026-2.pdf&amp;type=ratings</loc>
<lastmod>2026-10-09T15:35:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0ec1c-3979-7300-8136-0d024e14a93c&amp;pdfUrl=%2Fupload%2F20260929_withdrawl%2520bulletin%2520standard%2520bank2023-1.pdf&amp;type=ratings</loc>
<lastmod>2026-09-29T13:49:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0d259-ec17-7316-90d4-3be7e5dc83fa&amp;pdfUrl=%2Fupload%2F20260924_hedagroup_2026_credit_rating_report.pdf&amp;type=ratings</loc>
<lastmod>2026-09-24T14:50:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0d26a-245f-7111-b69f-622b3bddc136&amp;pdfUrl=%2Fupload%2F20260924_JAZY_2026_credit_rating_report.pdf&amp;type=ratings</loc>
<lastmod>2026-09-24T13:22:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0d22a-39b0-70c3-8151-ed9a4bb35465&amp;pdfUrl=%2Fupload%2F20260924_Zhongyu2026-10.pdf&amp;type=ratings</loc>
<lastmod>2026-09-24T12:53:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0cdc1-a10c-72e6-9198-6e4ccb326cb6&amp;pdfUrl=%2Fupload%2F20260923_BOC%2520Samsung%2520Life%2520Insurance%2520Co.%2C%2520Ltd..pdf&amp;type=ratings</loc>
<lastmod>2026-09-23T16:18:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0cdb8-24e7-738b-b6d1-a2d33f1ae331&amp;pdfUrl=%2Fupload%2F20260922_Credit%2520Ratings%2520Report_UBSAG_Stamped.pdf&amp;type=ratings</loc>
<lastmod>2026-09-22T16:07:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0be4c-465b-740b-9125-e9f0b75eaa49&amp;pdfUrl=%2Fupload%2F20260920_ICBCFL.pdf&amp;type=ratings</loc>
<lastmod>2026-09-20T14:13:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0b3a0-b354-77af-af57-5a6fa144c1ba&amp;pdfUrl=%2Fupload%2F20260918_MR_gongyuanzhichenghuiyin2026-8_CN.pdf&amp;type=ratings</loc>
<lastmod>2026-09-18T15:35:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0b39b-bb12-706c-9859-3bc75185d1fb&amp;pdfUrl=%2Fupload%2F20260918_Zhongyu2026-10.pdf&amp;type=ratings</loc>
<lastmod>2026-09-18T13:24:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0b392-c3ed-73aa-a113-55253b008d14&amp;pdfUrl=%2Fupload%2F20260918_gongyuanzhichenghuiyin2026-6-MR.pdf&amp;type=ratings</loc>
<lastmod>2026-09-18T12:16:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0ae3f-5748-709c-ae99-c5417eab7ccf&amp;pdfUrl=%2Fupload%2F20260917_BOND-ISS-CRTG-credit-rating-report.pdf&amp;type=ratings</loc>
<lastmod>2026-09-17T14:25:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0ae3c-70fa-744d-ac30-19ae801f7efe&amp;pdfUrl=%2Fupload%2F20260917_CRTG-credit-rating-report.pdf&amp;type=ratings</loc>
<lastmod>2026-09-17T13:21:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0a4d9-7da8-744b-8393-7e9d2b027f9d&amp;pdfUrl=%2Fupload%2F20260915_Credit%2520Rating%2520Report_BNPP%2520Issue_CN_Stamped.pdf&amp;type=ratings</loc>
<lastmod>2026-09-15T15:38:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a08ee9-fa8d-761e-9427-4e62f939ee44&amp;pdfUrl=%2Fupload%2F20260911_Shanghai%2520Rural%2520Commercial%2520Bank%25202026%2520Green%2520Financial%2520Bond%2520Phase%2520I.pdf&amp;type=ratings</loc>
<lastmod>2026-09-11T11:24:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a08af0-2c47-765e-b257-df411fee22d5&amp;pdfUrl=%2Fupload%2F20260910_MR_xingrui2026-4.pdf&amp;type=ratings</loc>
<lastmod>2026-09-10T17:02:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0804c-6819-752f-9dca-6d68ee33ae4d&amp;pdfUrl=%2Fupload%2F20260908_gongyuanzhichenghuiyin2026-8.pdf&amp;type=ratings</loc>
<lastmod>2026-09-08T15:19:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a07a75-d019-70c9-91b4-1e094668c8a3&amp;pdfUrl=%2Fupload%2F20260907_credit-rating-report_mideagroup_2026_cn.pdf&amp;type=ratings</loc>
<lastmod>2026-09-07T14:06:24+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a07b52-f2ff-738d-a429-608ebdde7d61&amp;pdfUrl=%2Fupload%2F20260907gongyuanzhichenghuiyin2026-6.pdf&amp;type=ratings</loc>
<lastmod>2026-09-07T14:05:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0616e-d2f3-7365-9f3f-c36f2ed88d31&amp;pdfUrl=%2Fupload%2F20260902_xingrui%25202026-4.pdf&amp;type=ratings</loc>
<lastmod>2026-09-02T15:33:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a064e9-25eb-773d-937a-b88b9b6b2510&amp;pdfUrl=%2Fupload%2F20260902_qiantang%2520bulletin.pdf&amp;type=ratings</loc>
<lastmod>2026-09-02T11:39:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a05c15-7a0e-700c-844a-0a1e49eaf476&amp;pdfUrl=%2Fupload%2F20260901_Yiwu%2520City%2520Investment%2520Construction.pdf&amp;type=ratings</loc>
<lastmod>2026-09-01T14:32:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a045e5-071e-702a-b5b5-d8ed77d1756c&amp;pdfUrl=%2Fupload%2F20260827_SCI_ICR.pdf&amp;type=ratings</loc>
<lastmod>2026-08-27T12:09:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a03daf-e184-7348-bb1d-128b0d11fcb4&amp;pdfUrl=%2Fupload%2F20260826_Rating%2520withdrawal_Generation%25202024-3.pdf&amp;type=ratings</loc>
<lastmod>2026-08-26T17:53:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a03264-a1e5-7770-8901-7635dea8647b&amp;pdfUrl=%2Fupload%2F20260824_ZHONGYU2026-9-MR.pdf&amp;type=ratings</loc>
<lastmod>2026-08-24T13:13:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0188b-351b-767e-a4ba-f27c859e7dba&amp;pdfUrl=%2Fupload%2F20260819_bulletin%2520Shanghai%2520Jing%2520an%2520Real%2520Estate.pdf&amp;type=ratings</loc>
<lastmod>2026-08-18T13:45:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a01418-7ce2-703a-ab62-a651b5aadd83&amp;pdfUrl=%2Fupload%2F20260818-zhongyu2026-8-MR.pdf&amp;type=ratings</loc>
<lastmod>2026-08-18T13:11:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ffaa5-371c-7167-a2d0-c36ae8bdfbfa&amp;pdfUrl=%2Fupload%2F20260813_%2520CSCEC_MTN_2026-2.pdf&amp;type=ratings</loc>
<lastmod>2026-08-13T16:23:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ff4ef-4022-746d-9eb1-abf3bc97945b&amp;pdfUrl=%2Fupload%2F20260812_zhognyu2026-9.pdf&amp;type=ratings</loc>
<lastmod>2026-08-12T15:02:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fdc1d-b41b-70ee-8d35-20e681b2c93d&amp;pdfUrl=%2Fupload%2F20260807_MR_zhongyuzhicheng2026-7_CN.pdf&amp;type=ratings</loc>
<lastmod>2026-08-07T17:07:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fdc19-fd9a-72be-9408-6148112ca083&amp;pdfUrl=%2Fupload%2F20260807_zhongyuzhicheng2026-8.pdf&amp;type=ratings</loc>
<lastmod>2026-08-07T14:04:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa853-794b-731a-afc8-3c1a6f2b1676&amp;pdfUrl=%2Fupload%2F20260731_zhenhai%2520rural%2520bank.pdf&amp;type=ratings</loc>
<lastmod>2026-07-31T18:40:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa843-f131-71b9-aef3-8eaafffbcee7&amp;pdfUrl=%2Fupload%2F20260731-%2520Pudong-Development%2520-credit-rating-report.pdf&amp;type=ratings</loc>
<lastmod>2026-07-31T18:30:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fb7d2-1594-77fb-9a63-9988c067bdab&amp;pdfUrl=%2Fupload%2F20260731-%2520BOND-SUR-CRTG-credit.pdf&amp;type=ratings</loc>
<lastmod>2026-07-31T16:58:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fb7cf-8b10-7308-b3a1-7cc3ce7129d6&amp;pdfUrl=%2Fupload%2F20260731-bond-244470SH-rating-report-shanghai-civil-engineering-limited-crec.pdf&amp;type=ratings</loc>
<lastmod>2026-07-31T15:55:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fb7cb-72a3-7205-b101-5a20125ce177&amp;pdfUrl=%2Fupload%2F20260731_SCI-202607.pdf&amp;type=ratings</loc>
<lastmod>2026-07-31T15:51:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fb7a0-2d62-74ac-a0bc-d8feb0cff0b2&amp;pdfUrl=%2Fupload%2F20260731_hangzhou-xiaoshan-transportation-investment-group.pdf&amp;type=ratings</loc>
<lastmod>2026-07-31T15:47:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fb2e9-f155-70c6-b53d-122c0e767718&amp;pdfUrl=%2Fupload%2F20260730_yongcheng%2520rural%2520bank.pdf&amp;type=ratings</loc>
<lastmod>2026-07-30T17:07:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fb2d9-fd7b-709f-aa83-6f6f30aa61a3&amp;pdfUrl=%2Fupload%2F20260730_zhongyuzhicheng2026-7.pdf&amp;type=ratings</loc>
<lastmod>2026-07-30T16:48:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fb2ed-0abd-72dd-a67b-eeb38d8a6317&amp;pdfUrl=%2Fupload%2F20260730_barclays%2520bank_CN.pdf&amp;type=ratings</loc>
<lastmod>2026-07-30T16:11:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fb2e6-24c2-744c-9e21-fe46e783b843&amp;pdfUrl=%2Fupload%2F20260730_shanghai%2520rural%2520bank.pdf&amp;type=ratings</loc>
<lastmod>2026-07-30T16:03:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fb2cd-18d6-748d-a108-b9e45a6e57d0&amp;pdfUrl=%2Fupload%2F20260730_jiande%2520rural%2520bank.pdf&amp;type=ratings</loc>
<lastmod>2026-07-30T15:35:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fad6f-f211-757a-bd17-71f8c58371c5&amp;pdfUrl=%2Fupload%2F20260729_Rating%2520withdrawal_Fuyuan%25202024-1%2520_CN_Chopped.pdf&amp;type=ratings</loc>
<lastmod>2026-07-29T17:37:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fad6e-23e4-774a-b026-0f305aad19c1&amp;pdfUrl=%2Fupload%2F20260729_qingdao%2520caitong%2520ICR.pdf&amp;type=ratings</loc>
<lastmod>2026-07-29T16:33:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa832-c082-739a-ba2b-baab235daf1d&amp;pdfUrl=%2Fupload%2F20260728_ouhai%2520rural%2520bank.pdf&amp;type=ratings</loc>
<lastmod>2026-07-28T17:09:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa82c-674a-73f4-9278-e1bec4fc309d&amp;pdfUrl=%2Fupload%2F20260728_qingtian%2520rural%2520bank.pdf&amp;type=ratings</loc>
<lastmod>2026-07-28T17:06:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa814-c36b-77fa-8ec0-6c6d7246f234&amp;pdfUrl=%2Fupload%2F20260728_Silver%2520Arrow%2520China%25202024-1.pdf&amp;type=ratings</loc>
<lastmod>2026-07-28T16:38:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa81b-d07f-7764-a021-5fa148816824&amp;pdfUrl=%2Fupload%2F20260728_Silver%2520Arrow%2520China%25202025-1.pdf&amp;type=ratings</loc>
<lastmod>2026-07-28T15:47:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa817-eed2-716b-b52c-2e188a2ac683&amp;pdfUrl=%2Fupload%2F20260728_Silver%2520Arrow%2520China%25202024-2.pdf&amp;type=ratings</loc>
<lastmod>2026-07-28T15:40:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa840-1d1f-7371-a383-f20e6a99c49e&amp;pdfUrl=%2Fupload%2F20260728_Foxconn-Industrial-Internet-bulletin.pdf&amp;type=ratings</loc>
<lastmod>2026-07-28T15:24:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa7e9-106b-701f-9697-1b4979b421b7&amp;pdfUrl=%2Fupload%2F20260728_Announcement%2520on%2520the%2520Change%2520of%2520President%2520and%2520Officer%2520Responsible%2520for%2520Information%2520Disclosure%2520of%2520Shenergy%2520Group.pdf&amp;type=ratings</loc>
<lastmod>2026-07-28T14:49:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa838-fcf3-75df-820f-7dd0077f4dea&amp;pdfUrl=%2Fupload%2F20260728_ICR-qingtian%2520rural%2520bank.pdf&amp;type=ratings</loc>
<lastmod>2026-07-28T14:17:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa81a-26ce-75ec-b9b3-d4775bc80bb1&amp;pdfUrl=%2Fupload%2F20260728_Silver%2520Arrow%2520China%25202024-3.pdf&amp;type=ratings</loc>
<lastmod>2026-07-28T13:42:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa7ec-925e-758d-bf83-6a34cfa366b4&amp;pdfUrl=%2Fupload%2F20260728_ahnk_ratingreport_202607.pdf&amp;type=ratings</loc>
<lastmod>2026-07-28T12:53:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa2aa-def6-7549-8a10-55875adcb170&amp;pdfUrl=%2Fupload%2F20260724_generation%25202024-4.pdf&amp;type=ratings</loc>
<lastmod>2026-07-24T15:22:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa29f-bf7f-732a-acc7-51b5acc3754c&amp;pdfUrl=%2Fupload%2F20260724_Zhongyingwanjia%25202021-3.pdf&amp;type=ratings</loc>
<lastmod>2026-07-24T15:11:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa2a8-27ee-724d-93c1-9cfbc744a934&amp;pdfUrl=%2Fupload%2F20260724_generation%25202024-3.pdf&amp;type=ratings</loc>
<lastmod>2026-07-24T14:20:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa299-e668-706f-8a19-d322daffcdab&amp;pdfUrl=%2Fupload%2F20260724_Zhongyingwanjia%25202022-1.pdf&amp;type=ratings</loc>
<lastmod>2026-07-24T14:08:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f935a-6c6e-7367-b949-10406bb5e840&amp;pdfUrl=%2Fupload%2F20260723-hefei-hengchuang-intelligent-technology-limited-%2520bulletin.pdf&amp;type=ratings</loc>
<lastmod>2026-07-24T14:02:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fa2a4-227d-724e-a0fc-9ea008d0c438&amp;pdfUrl=%2Fupload%2F20260724_xingrui%25202024-6.pdf&amp;type=ratings</loc>
<lastmod>2026-07-24T13:16:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f8e65-f6d8-7608-a74a-9a4374b9af90&amp;pdfUrl=%2Fupload%2F20260723_Driver%2520China%252015.pdf&amp;type=ratings</loc>
<lastmod>2026-07-23T14:56:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f8e5e-d2f4-75ba-82ad-cd12c075e321&amp;pdfUrl=%2Fupload%2F20260723_Bavarian%2520Sky%2520China%25202024-1.pdf&amp;type=ratings</loc>
<lastmod>2026-07-23T14:48:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f8e62-2017-769b-8946-67ba9435e214&amp;pdfUrl=%2Fupload%2F20260723_Zhaoyinhejia%25202021-1.pdf&amp;type=ratings</loc>
<lastmod>2026-07-23T13:52:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f8336-78c8-7203-b48c-70d71db3601c&amp;pdfUrl=%2Fupload%2F20260721_Credit%2520Rating%2520Report_CASA%2520Panda%2520Bond%2520Issuance_CN_Stamped.pdf&amp;type=ratings</loc>
<lastmod>2026-07-21T12:50:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f7ed9-4208-71cd-a554-edc60b981374&amp;pdfUrl=%2Fupload%2F20260720_Credit%2520Rating%2520Report_SCB%2520%28China%29_2026.pdf&amp;type=ratings</loc>
<lastmod>2026-07-20T16:28:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f6f38-7beb-7469-991f-1376b11a9718&amp;pdfUrl=%2Fupload%2F20260717_issue%2520ratings%2520report%2520yiwu%2520small%2520commodity%2520city%2520holdings.pdf&amp;type=ratings</loc>
<lastmod>2026-07-17T14:39:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f6a22-be10-710d-841a-d5aa1ff0b855&amp;pdfUrl=%2Fupload%2F20260716_Issue%2520ratings%2520report%2520BOCOM.pdf&amp;type=ratings</loc>
<lastmod>2026-07-16T13:08:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f651b-ed61-7515-8d0d-1731f917f4d7&amp;pdfUrl=%2Fupload%2F20260715_ICR%2520suzhou%2520bank.pdf&amp;type=ratings</loc>
<lastmod>2026-07-15T16:31:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f63df-ad29-7643-b172-1c9da390715f&amp;pdfUrl=%2Fupload%2F20260715_Xihu%2520Chengtou%2520ICR%2520Report.pdf&amp;type=ratings</loc>
<lastmod>2026-07-15T11:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f64d6-0eaf-742a-84b2-6f0a96f7c4c4&amp;pdfUrl=%2Fupload%2F20260714_bulletin_CASA.pdf&amp;type=ratings</loc>
<lastmod>2026-07-14T12:15:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f64d1-979f-713f-ac10-27593ad5279d&amp;pdfUrl=%2Fupload%2F20260714_Issue%2520Rating%2520Surveillance_CASA_CN.pdf&amp;type=ratings</loc>
<lastmod>2026-07-14T12:10:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f45fd-52cf-756f-bfe2-7e62b14c82e1&amp;pdfUrl=%2Fupload%2F20260710_suzhou%2520bank.pdf&amp;type=ratings</loc>
<lastmod>2026-07-10T16:39:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f45f3-edbf-70c8-a72c-7895cac46a8f&amp;pdfUrl=%2Fupload%2F20260710_Credit%2520Rating%2520Report_Hana%2520bank%2520China_2026_CN.pdf&amp;type=ratings</loc>
<lastmod>2026-07-10T14:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f3b96-7667-716c-802a-dd5a59682e97&amp;pdfUrl=%2Fupload%2F20260707_bulletin_qingdao%2520huatong.pdf&amp;type=ratings</loc>
<lastmod>2026-07-07T14:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f3b6b-cff0-71cc-a8aa-3cf241834024&amp;pdfUrl=%2Fupload%2F20260707_MR_BMW%2520AG%2520BMW%2520China%2520Capital_CN.pdf&amp;type=ratings</loc>
<lastmod>2026-07-07T13:14:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f275b-5f31-738f-97ea-852992ce6584&amp;pdfUrl=%2Fupload%2F20260703_Credit%2520Rating%2520Report_BMW%2520China%2520Capital_CN.pdf&amp;type=ratings</loc>
<lastmod>2026-07-03T13:54:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f265e-413b-77f8-b20f-e81e35365868&amp;pdfUrl=%2Fupload%2F20260703_BMW%2520AG%2520Rating%2520Report_CN.pdf&amp;type=ratings</loc>
<lastmod>2026-07-03T12:33:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f21d3-71ed-7408-b7ed-757d8704ebe5&amp;pdfUrl=%2Fupload%2F20260702_bulletin_JAZY.pdf&amp;type=ratings</loc>
<lastmod>2026-07-02T12:58:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f2120-ba70-7799-892a-7f5e74eeb8ca&amp;pdfUrl=%2Fupload%2F20260702-PD%2520Construction-credit-rating-report.pdf&amp;type=ratings</loc>
<lastmod>2026-07-02T12:38:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f172d-93b6-7528-bd49-cc61a845a733&amp;pdfUrl=%2Fupload%2F20260630_bscomc%2520rating%2520report.pdf&amp;type=ratings</loc>
<lastmod>2026-06-30T12:21:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f172a-8a22-732a-9144-08bfed277e12&amp;pdfUrl=%2Fupload%2F20260630_Xihu%2520Chengtou%25202023%2520Green%2520Bond%2520Series%25201%2520Surveillance%2520Rating%2520Report.pdf&amp;type=ratings</loc>
<lastmod>2026-06-30T12:16:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f1727-ddbf-74ac-976a-826769aacbc3&amp;pdfUrl=%2Fupload%2F20260630_boc-samsunglife.pdf&amp;type=ratings</loc>
<lastmod>2026-06-30T12:13:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f033b-d16e-776e-b852-53943ee08f47&amp;pdfUrl=%2Fupload%2F20260626_withdrawal%2520Gen%25202024-2.pdf&amp;type=ratings</loc>
<lastmod>2026-06-26T13:22:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ef906-1249-7259-9c18-c06bd590f70c&amp;pdfUrl=%2Fupload%2F20260623-rating-report-shanghai-pudong-environmental-energy-development-limited.pdf&amp;type=ratings</loc>
<lastmod>2026-06-23T11:54:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ed9ed-6e61-77bd-ae5c-27c8a4f8c82b&amp;pdfUrl=%2Fupload%2F20260618_MR_Xingrui2026-3_CN.pdf&amp;type=ratings</loc>
<lastmod>2026-06-18T15:53:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ed921-6668-77cf-925a-0ecbc3f49eb4&amp;pdfUrl=%2Fupload%2F20260618_Zhejiang%2520China%2520Commodities%2520City%2520Group.pdf&amp;type=ratings</loc>
<lastmod>2026-06-18T12:32:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ecf0a-9be7-7501-b684-5276e3a2b60c&amp;pdfUrl=%2Fupload%2F20260616_qingdao%2520chengfa%2520bulletin.pdf&amp;type=ratings</loc>
<lastmod>2026-06-16T14:05:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ec92c-1db0-7613-84b7-9be8d984fce9&amp;pdfUrl=%2Fupload%2F20260615_Credit%2520Rating%2520Report_Barclays%2520Bank%2520Issuance_202606_CN.pdf&amp;type=ratings</loc>
<lastmod>2026-06-15T10:48:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ec915-a340-751a-960a-64cb25ce7d6d&amp;pdfUrl=%2Fupload%2F20260615_Credit%2520Rating%2520Report_Natixis%2520_Cn.pdf&amp;type=ratings</loc>
<lastmod>2026-06-15T10:20:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ebb0e-2eb5-747b-b98a-dab4273e480b&amp;pdfUrl=%2Fupload%2F20260612-zhongyu2026-6-MR.pdf&amp;type=ratings</loc>
<lastmod>2026-06-12T13:06:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019eb0b7-8e7a-7738-917b-d273d58ef455&amp;pdfUrl=%2Fupload%2F20260610-Zhongyu2026-6.pdf&amp;type=ratings</loc>
<lastmod>2026-06-10T14:50:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019eaae7-2904-77af-bbda-4f06273b7ebb&amp;pdfUrl=%2Fupload%2F20260608_ICBCFL.pdf&amp;type=ratings</loc>
<lastmod>2026-06-08T13:43:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ea683-1bce-713f-914e-fdd40b9c7eec&amp;pdfUrl=%2Fupload%2F20260608_Xingrui2026-3.pdf&amp;type=ratings</loc>
<lastmod>2026-06-08T13:15:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ea572-7e05-76e0-aeb6-5436a95a967d&amp;pdfUrl=%2Fupload%2F20260608_China%2520Merchants%2520Bank%2520Co.%2C%2520Ltd.%25202026%2520Tier%25202%2520Perpetual%2520Capital%2520Bonds%2520%28Series%25202%29%2520%28Bond%2520Connect%29.pdf&amp;type=ratings</loc>
<lastmod>2026-06-08T11:21:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e96d7-f1ae-76e3-80fc-14c7ac17891b&amp;pdfUrl=%2Fupload%2F20260605_Credit%2520Rating%2520Report_AFC_2026_CN.pdf&amp;type=ratings</loc>
<lastmod>2026-06-05T14:17:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e91b0-e524-71aa-a756-868a39d25e39&amp;pdfUrl=%2Fupload%2F20260603_Rating%2520withdrawal_xingrui2025-6_CN_Final-%25E7%259B%2596%25E7%25AB%25A0%25E7%2589%2588.pdf&amp;type=ratings</loc>
<lastmod>2026-06-04T12:13:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e7342-2788-71ff-b072-409ceb3619c2&amp;pdfUrl=%2Fupload%2F20260529_MR_%25E4%25B8%25AD%25E8%25AA%2589%25E8%2587%25B3%25E8%25AF%259A2026-3.pdf&amp;type=ratings</loc>
<lastmod>2026-05-29T15:24:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e7344-05ef-7689-8d9a-b72ac2cdf067&amp;pdfUrl=%2Fupload%2F20260529_MR_%25E4%25B8%25AD%25E8%25AA%2589%25E8%2587%25B3%25E8%25AF%259A2026-5.pdf&amp;type=ratings</loc>
<lastmod>2026-05-29T14:25:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e7346-b325-706d-bf97-78b0f6c9b0f5&amp;pdfUrl=%2Fupload%2F20260529_withdraw%2520Silver%2520arrow%2520China%25202023-2%2520ABS.pdf&amp;type=ratings</loc>
<lastmod>2026-05-29T13:28:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e733e-3c63-738c-9fa9-a3dcdeeeabd9&amp;pdfUrl=%2Fupload%2F20260529_MR_%25E5%25BE%25B7%25E5%25AE%259D%25E5%25A4%25A9%25E5%2585%25832026-1ABN.pdf&amp;type=ratings</loc>
<lastmod>2026-05-29T11:20:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e6839-39fc-72ad-bdf4-62a844be776f&amp;pdfUrl=%2Fupload%2F20260527_issue%2520Yiwu%2520China%2520Commodities%2520City%2520Holding%2520Group.pdf&amp;type=ratings</loc>
<lastmod>2026-05-27T12:58:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e6830-b62f-70f2-a643-db41ceaea368&amp;pdfUrl=%2Fupload%2F20260527_Yiwu%2520China%2520Commodities%2520City%2520Holding%2520Group.pdf&amp;type=ratings</loc>
<lastmod>2026-05-27T12:56:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e639c-c1a3-7699-9c29-b1560196dd6c&amp;pdfUrl=%2Fupload%2F20260526_Credit%2520Rating%2520Xugong%2520Leasing.pdf&amp;type=ratings</loc>
<lastmod>2026-05-26T12:29:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e5d9f-e631-72b5-b77b-de3d1a7d7723&amp;pdfUrl=%2Fupload%2F20260525_Herald%2520Leasing%25202026-1ABN-mgiv.pdf&amp;type=ratings</loc>
<lastmod>2026-05-25T12:35:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e5d99-e2ba-7419-9452-7afb0f0d65de&amp;pdfUrl=%2Fupload%2F20260525_Zhongyu2026-5.pdf&amp;type=ratings</loc>
<lastmod>2026-05-25T12:30:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e4de7-85d5-72e5-8859-cc872b62aa06&amp;pdfUrl=%2Fupload%2F20260522_MR_zhongyu2026-4_CN.pdf&amp;type=ratings</loc>
<lastmod>2026-05-22T12:19:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e2af5-2338-719a-9b27-401d3ddc74b2&amp;pdfUrl=%2Fupload%2F20260515_Zhongyu2026-3.pdf&amp;type=ratings</loc>
<lastmod>2026-05-15T12:33:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e2af1-85b3-7370-b554-cfdd69d80b67&amp;pdfUrl=%2Fupload%2F20260515-rating-report-china-construction-infrastructure-limited-cvqr.pdf&amp;type=ratings</loc>
<lastmod>2026-05-15T12:23:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e2afd-a9e9-7324-9906-b12c2c05d707&amp;pdfUrl=%2Fupload%2F20260515_ZHONGYU2026-4.pdf&amp;type=ratings</loc>
<lastmod>2026-05-15T11:36:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019e15d3-1d86-72c8-abce-b46f8fdaa986&amp;pdfUrl=%2Fupload%2F20260511_BOCOM.pdf&amp;type=ratings</loc>
<lastmod>2026-05-11T12:59:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ddc7c-5710-731c-b46e-d8fb65c15a0a&amp;pdfUrl=%2Fupload%2F20260429_Rating%2520Report_TZUCIDG_CN.pdf&amp;type=ratings</loc>
<lastmod>2026-04-30T11:43:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019dbe08-c9f1-749b-a652-747f98df941c&amp;pdfUrl=%2Fupload%2F20260424_ICBCFL%2520green%2520bond.pdf&amp;type=ratings</loc>
<lastmod>2026-04-24T12:50:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019db94b-5df0-73ab-8730-62f3ee155cf4&amp;pdfUrl=%2Fupload%2F20260423_MR_SAC%25202026-1_CN%2520%281%29.pdf&amp;type=ratings</loc>
<lastmod>2026-04-23T11:45:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019daede-8f1e-745b-b898-390978ac06c2&amp;pdfUrl=%2Fupload%2F20260421_sci-group_26MTN002.pdf&amp;type=ratings</loc>
<lastmod>2026-04-21T12:12:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019da918-dfdf-7558-bb48-ff17b5d89f78&amp;pdfUrl=%2Fupload%2F20260420_yiwu%2520commodity.pdf&amp;type=ratings</loc>
<lastmod>2026-04-20T11:16:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019da914-d9ad-702a-8d43-531e161a96b8&amp;pdfUrl=%2Fupload%2F20260416_fujiansangming%2520highway.pdf&amp;type=ratings</loc>
<lastmod>2026-04-16T12:12:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d85c2-9e5c-72fc-a958-0379138fd557&amp;pdfUrl=%2Fupload%2F20260413_SAC2026-1.pdf&amp;type=ratings</loc>
<lastmod>2026-04-13T12:43:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d76a8-fc62-752d-97fe-d07faac73102&amp;pdfUrl=%2Fupload%2F20260410_Dongguan-Industrial-Investment-Holding-Group-bulletin.pdf&amp;type=ratings</loc>
<lastmod>2026-04-10T12:12:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d70c2-643c-77c9-8475-859542bd4b32&amp;pdfUrl=%2Fupload%2F20260409_Announcement%2520Regarding%2520the%2520Share%2520Freeze%2520of%2520Hana%2520Bank.pdf&amp;type=ratings</loc>
<lastmod>2026-04-09T11:49:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d6b9f-e8f0-7236-813d-c7aa5c1c1641&amp;pdfUrl=%2Fupload%2F20260408_Perpetual%2520Capital%2520Bonds%2520of%2520CMB.pdf&amp;type=ratings</loc>
<lastmod>2026-04-08T12:47:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d524b-156f-72bb-bfc0-8631262b03d9&amp;pdfUrl=%2Fupload%2F20260403_qingdao_water.pdf&amp;type=ratings</loc>
<lastmod>2026-04-03T13:43:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d65c0-3df1-774d-b5d0-c1d96ec29b78&amp;pdfUrl=%2Fupload%2F20260403_Rating%2520withdrawal_Generation%25202024-1%2520_CN_chopped.pdf&amp;type=ratings</loc>
<lastmod>2026-04-03T11:25:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d42ac-4272-701c-b6f8-1e3580b2cd9b&amp;pdfUrl=%2Fupload%2F20260330_bocsamsung%2520life.pdf&amp;type=ratings</loc>
<lastmod>2026-03-30T15:18:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d283f-6fe7-7388-bd7d-ecc269401791&amp;pdfUrl=%2Fupload%2F20260326_bank%2520of%2520chongqing.pdf&amp;type=ratings</loc>
<lastmod>2026-03-26T11:40:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019cc13e-ae09-75ec-9f7c-04d4caf02c9f&amp;pdfUrl=%2Fupload%2F20260325_rating-report_shrcb.pdf&amp;type=ratings</loc>
<lastmod>2026-03-25T11:44:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d2392-6fac-75e8-a9cd-b2a76bbad96f&amp;pdfUrl=%2Fupload%2F20260324_CCB%2520green%2520bond%2520withdraw.pdf&amp;type=ratings</loc>
<lastmod>2026-03-24T12:01:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d18f8-63bb-7244-b839-428eaf0df041&amp;pdfUrl=%2Fupload%2F20260320_hsbc%25202023%2520issue%2520withdraw.pdf&amp;type=ratings</loc>
<lastmod>2026-03-20T12:35:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d0474-c901-75a8-b5cc-e6ab7458865f&amp;pdfUrl=%2Fupload%2FCredit%2520Rating%2520Report_BNPP%2520Issuance_CN_Chopped.pdf&amp;type=ratings</loc>
<lastmod>2026-03-19T12:53:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d0471-54cd-77fd-977c-bf59d1d91130&amp;pdfUrl=%2Fupload%2FCredit%2520Rating%2520Report_BNPP%2520Issuer_CN_Chopped.pdf&amp;type=ratings</loc>
<lastmod>2026-03-19T12:48:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d0002-fc63-7204-88c1-6329ccf9ec8f&amp;pdfUrl=%2Fupload%2F20260317_bscomc-2021-mtn-series-1-withdrawal_cn.pdf&amp;type=ratings</loc>
<lastmod>2026-03-17T14:18:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ce0ec-0f34-73ed-8b55-92520ae7507b&amp;pdfUrl=%2Fupload%2F20260311_JingAn%2520Bulletin.pdf&amp;type=ratings</loc>
<lastmod>2026-03-11T14:12:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019cd1f4-7c0d-741f-9913-f02a4509b49c&amp;pdfUrl=%2Fupload%2F20260309-Shanghai-Pudong-Construction-bulletin.pdf&amp;type=ratings</loc>
<lastmod>2026-03-09T12:38:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019cc225-873b-70ef-92e2-e2563ff26881&amp;pdfUrl=%2Fupload%2F20260305_bulletin_energy_shiep_r.pdf&amp;type=ratings</loc>
<lastmod>2026-03-05T13:57:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019c8d3a-13d4-70ea-9711-05398a2e3230&amp;pdfUrl=%2Fupload%2FCredit%2520Rating%2520Report_JPMorgan%2520China_Feb%25202026_CN-Chopped.pdf&amp;type=ratings</loc>
<lastmod>2026-02-24T09:21:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019c5159-4834-7678-a938-ac0414b4f5e1&amp;pdfUrl=%2Fupload%2F20260212_Qingdaochengfa.pdf&amp;type=ratings</loc>
<lastmod>2026-02-12T11:17:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019c325b-eb1a-73d2-bfb9-7a3b88f212ad&amp;pdfUrl=%2Fupload%2F20260205_Qingdao_Caitong_Bulletin.pdf&amp;type=ratings</loc>
<lastmod>2026-02-05T11:53:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=019bfe9b-bcef-74c8-a193-3eb5e57e38be&amp;pdfUrl=%2Fupload%2F20260129_Shanxi%2520Jia7otou%2520Credit%2520Rating%2520Report_chopped.pdf&amp;type=ratings</loc>
<lastmod>2026-01-29T16:41:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20260129_MR_Driver China 17_CN</loc>
<lastmod>2026-01-29T13:36:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019c083b-2dd2-75dd-a4fe-9ca79c66e47c&amp;pdfUrl=%2Fupload%2F20260129_MR_Driver%2520China%252017_CN.pdf&amp;type=ratings</loc>
<lastmod>2026-01-29T13:31:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=019bda73-28cc-7574-b113-f8c8b68d84c8&amp;pdfUrl=%2Fupload%2F20260120_%2520rating-report-shanghai-pudong-environmental-energy-development-limited.pdf&amp;type=ratings</loc>
<lastmod>2026-01-20T16:11:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019bda6f-4fce-77d8-a6a2-0a1c8f779a5f&amp;pdfUrl=%2Fupload%2F20260120-Shanghai-Pudong-Construction-bulletin.pdf&amp;type=ratings</loc>
<lastmod>2026-01-20T16:05:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019bd548-8ef5-72bb-9fbe-46c3ae5dedab&amp;pdfUrl=%2Fupload%2F20260119_ningboyincheng%2520bulletin.pdf&amp;type=ratings</loc>
<lastmod>2026-01-19T16:05:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019bb5d3-9c80-71fd-b2b7-a580ab7192df&amp;pdfUrl=%2Fupload%2F20260113_HZ_Qiantang%2520bulletin.pdf&amp;type=ratings</loc>
<lastmod>2026-01-13T13:29:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8c5797b0-42fb-4d5f-af81-153c1faa76f9&amp;pdfUrl=%2Fupload%2F20260107_Yiwu%2520Chengtou%2520Bulletin.pdf&amp;type=ratings</loc>
<lastmod>2026-01-07T13:39:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7a81d56d-dbca-4162-9f44-36ddfb97a26b&amp;pdfUrl=%2Fupload%2F20251230-hefei-hengchuang-intelligent-technology.pdf&amp;type=ratings</loc>
<lastmod>2025-12-30T11:53:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d3c02c18-ce7f-4afa-bbea-57322ece496a&amp;pdfUrl=%2Fupload%2F20251226-bond-524580SZ_524581SZ-CRTG.pdf&amp;type=ratings</loc>
<lastmod>2025-12-26T11:56:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=239b4d85-9cd4-4542-9da2-be1d841259c0&amp;pdfUrl=%2Fupload%2F20251218-244470SH-shanghai-civil-engineering-limited-crec.pdf&amp;type=ratings</loc>
<lastmod>2025-12-26T11:44:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=c2e552ce-8b46-4e82-a5ee-76dc0b20d0fa&amp;pdfUrl=%2Fupload%2F20251225_Hefei%2520Haiheng%2520Holding%2520Group%2520Co.%2CLtd..pdf&amp;type=ratings</loc>
<lastmod>2025-12-25T15:45:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=0b0a7ca5-0063-48d3-8962-f41450f632bd&amp;pdfUrl=%2Fupload%2F20251224_AHNK_ICR.pdf&amp;type=ratings</loc>
<lastmod>2025-12-24T16:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=24fc4072-5a05-4055-9f88-b137f385b4ba&amp;pdfUrl=%2Fupload%2F20251223_BOC-Samsung%2520Life.pdf&amp;type=ratings</loc>
<lastmod>2025-12-23T14:01:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c846ef2c-5d57-498e-86cf-ec7f420527bb&amp;pdfUrl=%2Fupload%2F20251222_Withdrawal%2520BOC%25202022%2520Green%2520Financial%2520Bonds.pdf&amp;type=ratings</loc>
<lastmod>2025-12-22T17:07:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019bb603-d486-74ce-b0b5-eeb208df6f82&amp;pdfUrl=%2Fupload%2F20251219_credit-rating-report_barclays-bank_2025-dec-.pdf&amp;type=ratings</loc>
<lastmod>2025-12-19T14:23:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=712ac923-7d05-45f6-910f-329a6c7e94f0&amp;pdfUrl=%2Fupload%2F20251217_Jing_an%2520Bulletin.pdf&amp;type=ratings</loc>
<lastmod>2025-12-17T12:18:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=0692ec59-22fc-46c6-8eed-cf98163b96b5&amp;pdfUrl=%2Fupload%2F20251217_ICR%2520Hangzhou%2520Xiaoshan%2520Transportation%2520Investment.pdf&amp;type=ratings</loc>
<lastmod>2025-12-17T12:05:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=19e39fd2-294d-4fc6-9bf5-12ea5aa268bf&amp;pdfUrl=%2Fupload%2F20251215_Rating%2520withdrawal_SAC%25202023-1_CN.pdf&amp;type=ratings</loc>
<lastmod>2025-12-15T13:57:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=bd3182f8-ba13-4b2b-b49c-e0a45991c36d&amp;pdfUrl=%2Fupload%2F20251211_%2520QTRCB.pdf&amp;type=ratings</loc>
<lastmod>2025-12-11T19:44:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4ebfa82f-45a7-4cf6-b0d1-e1d37ccc26a1&amp;pdfUrl=%2Fupload%2F20251210_2025%2520Subordinated%2520Tier%25202%2520Capital%2520Bond%2520of%2520Ningbo%2520Yongcheng%2520Rural%2520Commercial%2520Bank%2520Co.%2520Ltd_.pdf&amp;type=ratings</loc>
<lastmod>2025-12-10T15:24:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=957a64d2-1a27-4a51-bb12-ad7a0db1839d&amp;pdfUrl=%2Fupload%2F20251209_Yiwu%2520commodities%2520holdings%2520bulletin.pdf&amp;type=ratings</loc>
<lastmod>2025-12-09T15:34:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=10ae7bd7-e032-46c4-bee9-ca4774cbe198&amp;pdfUrl=%2Fupload%2F20251208_JDRCB.pdf&amp;type=ratings</loc>
<lastmod>2025-12-08T16:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=72cafb54-8d8c-4b53-90af-739691e9c342&amp;pdfUrl=%2Fupload%2F20251205_Qingdao_Caitong_Bulletin.pdf&amp;type=ratings</loc>
<lastmod>2025-12-05T17:52:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=78693433-04ef-486c-aa29-11766cfffa33&amp;pdfUrl=%2Fupload%2F20251205_HSBC%2520%28CHINA%29.pdf&amp;type=ratings</loc>
<lastmod>2025-12-05T15:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f1b0fd8e-a013-4d49-a468-b957507fd5de&amp;pdfUrl=%2Fupload%2F20251205_Yincheng%2520Group_Bulletin.pdf&amp;type=ratings</loc>
<lastmod>2025-12-05T14:56:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=acb39898-b85f-438a-893d-c6ee21a89bae&amp;pdfUrl=%2Fupload%2F20251204_bulletin%2520hzxhci.pdf&amp;type=ratings</loc>
<lastmod>2025-12-04T18:02:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=cc33ec97-c997-4d7d-81eb-d55201a05382&amp;pdfUrl=%2Fupload%2F20251202_Tianjie%2520Group.pdf&amp;type=ratings</loc>
<lastmod>2025-12-02T13:30:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=98f78a71-62fd-4236-b764-d6fd91a8c2b8&amp;pdfUrl=%2Fupload%2F20251201-rating-report-dongguan-industrial-investment-holding-group.pdf&amp;type=ratings</loc>
<lastmod>2025-12-01T13:25:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=ef44907d-9897-4c20-a3e8-4459ee98a585&amp;pdfUrl=%2Fupload%2F20251201-rating-report-pudong-development.pdf&amp;type=ratings</loc>
<lastmod>2025-12-01T13:20:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=531c83a0-9b4d-40e9-ae56-c7d0685dfe9c&amp;pdfUrl=%2Fupload%2F20251201-rating-report-shanghai-civil-engineering-limited-crec.pdf&amp;type=ratings</loc>
<lastmod>2025-12-01T12:39:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=2eadff58-c613-4809-add0-e64ab2130b3a&amp;pdfUrl=%2Fupload%2F20251128_ANZ%28CHINA%29.pdf&amp;type=ratings</loc>
<lastmod>2025-11-28T17:40:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d97b5d45-555d-4f5f-b274-79438443cf75&amp;pdfUrl=%2Fupload%2F20251126-Shanghai-Pudong-Construction-bulletin.pdf&amp;type=ratings</loc>
<lastmod>2025-11-26T14:07:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7861998f-3234-48cc-83ab-6b7c3e4bab65&amp;pdfUrl=%2Fupload%2F20251126_Pudong%2520Development%2520bulletin.pdf&amp;type=ratings</loc>
<lastmod>2025-11-26T13:44:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9fd5fd8a-1815-462f-b2a7-b5a09c13c74e&amp;pdfUrl=%2Fupload%2F20251125_sci-group%2520bulletin.pdf&amp;type=ratings</loc>
<lastmod>2025-11-25T15:35:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=cf31da89-d6a7-4146-8ca5-78db0ff835bd&amp;pdfUrl=%2Fupload%2F20251124_Henkel%2520AG-Co.%2520KGaA%2520Credit%2520Report-vuYn.pdf&amp;type=ratings</loc>
<lastmod>2025-11-24T18:24:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=796d1a5d-64b0-4789-b80f-14497fe6d048&amp;pdfUrl=%2Fupload%2F20251121%2520Yincheng%2520Group%2520Rating%2520Report.pdf&amp;type=ratings</loc>
<lastmod>2025-11-21T16:51:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4b0e58d8-e03d-479c-a166-2e9df0d589e4&amp;pdfUrl=%2Fupload%2F20251120-China-Railway-Tunnel-Group-bulletin.pdf&amp;type=ratings</loc>
<lastmod>2025-11-20T17:18:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=cd1923e3-cf6c-430d-b7f4-048be00b9fc4&amp;pdfUrl=%2Fupload%2F20251117_dongguanshiye.pdf&amp;type=ratings</loc>
<lastmod>2025-11-17T19:41:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b1b8aecb-5850-4165-937e-9ee6a38f7aaf&amp;pdfUrl=%2Fupload%2F20251113-YYRCB.pdf&amp;type=ratings</loc>
<lastmod>2025-11-14T16:25:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=fb3f006a-b379-4d56-9655-b7500d8d4959&amp;pdfUrl=%2Fupload%2F20251113_issue-rating_suzhou_bank-2025-1-perpetua.pdf&amp;type=ratings</loc>
<lastmod>2025-11-13T18:08:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=92b7d32a-0b17-4f55-bf7e-797668afa758&amp;pdfUrl=%2Fupload%2F20251112_rating-report_psbc-icr_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-11-12T19:44:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1e9caf1f-d0a6-48c7-90c0-b5427b26572e&amp;pdfUrl=%2Fupload%2F20251104_Credit%2520Rating%2520Report_Barclays%2520Bank%2520Issue_2025_CN.pdf&amp;type=ratings</loc>
<lastmod>2025-11-04T17:27:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=20733dd5-693d-413e-8fec-0d3afa986539&amp;pdfUrl=%2Fupload%2F20251027_Qingdao_caitong_ICR.pdf&amp;type=ratings</loc>
<lastmod>2025-10-27T19:20:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=00f7870e-507f-43a1-9014-cd518e02fd6f&amp;pdfUrl=%2Fupload%2F20251024-ShenzhenPublicHousing-Ratingreport.pdf&amp;type=ratings</loc>
<lastmod>2025-10-24T17:58:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ce3a76bc-1cb6-43fe-98bf-b47299beeb48&amp;pdfUrl=%2Fupload%2F20251024_issue-rating_suzhou%2520bank-2025-1-Tier%25202%2520capital%2520bonds.pdf&amp;type=ratings</loc>
<lastmod>2025-10-24T17:11:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=57f8aa90-2d75-451b-9a3e-d13ceee7e5e7&amp;pdfUrl=%2Fupload%2F20251024_Rating%2520Report_CRTG%2520NEW_CN.pdf&amp;type=ratings</loc>
<lastmod>2025-10-24T16:24:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=56440127-0cc8-4912-8913-66c44fc65ce0&amp;pdfUrl=%2Fupload%2F20251022_ccc-infrastructure-cancels-supervisory-board-no-credit-impact.pdf&amp;type=ratings</loc>
<lastmod>2025-10-22T20:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1d2fe4b5-62db-493f-b23d-c3a10dfd9836&amp;pdfUrl=%2Fupload%2F20251020-Credit%2520Rating%2520Report_Citibank%2520%28China%29.pdf&amp;type=ratings</loc>
<lastmod>2025-10-20T16:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=04bf7ed5-6f0b-4ef7-908a-5d85ed7af8ae&amp;pdfUrl=%2Fupload%2F20251017_henergy%2520Group%25202025%2520Rating%2520Report.pdf&amp;type=ratings</loc>
<lastmod>2025-10-17T20:45:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=bb058a0a-a281-48ec-a4b1-1568b415ae19&amp;pdfUrl=%2Fupload%2F20251016_BSC%2520ABN%25202025-1_CN.pdf&amp;type=ratings</loc>
<lastmod>2025-10-16T19:39:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20251016_mr_bsc-abn-2025-1_cn</loc>
<lastmod>2025-10-16T19:36:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1bd3ec28-9ab5-48e6-8569-e83bf9cf99dc&amp;pdfUrl=%2Fupload%2F20251014_Zhejiang-China-Commodities-City-bulletin.pdf&amp;type=ratings</loc>
<lastmod>2025-10-14T18:03:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=70ac22b9-9a02-4e40-af81-45a6d1ec0e43&amp;pdfUrl=%2Fupload%2F20250930_BOC-SAMSUNGLIFE.pdf&amp;type=ratings</loc>
<lastmod>2025-09-30T19:49:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ca72bd5a-ea77-4ae5-bdff-4fa879195ece&amp;pdfUrl=%2Fupload%2F20250929-jing-an-rating-report.pdf&amp;type=ratings</loc>
<lastmod>2025-09-29T09:54:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=13866c89-3b2c-4e3d-82e5-051297397a69&amp;pdfUrl=%2Fupload%2F20250926_zhaoyuanhecui2024-9.pdf&amp;type=ratings</loc>
<lastmod>2025-09-26T00:33:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e28b60f8-722e-480d-aec1-47afd84d6178&amp;pdfUrl=%2Fupload%2F20250924_qtidg_icr.pdf&amp;type=ratings</loc>
<lastmod>2025-09-24T14:46:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ec5bf70d-ce3a-4cb9-9395-f6f9e6555047&amp;pdfUrl=%2Fupload%2F20250916_boc-samsung-life.pdf&amp;type=ratings</loc>
<lastmod>2025-09-16T14:43:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=af0ecd84-f0ba-4b56-9e74-295923577ba8&amp;pdfUrl=%2Fupload%2F20250911_credit-rating-report_barclays-bank-_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-09-11T13:46:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1b956b75-560d-4f60-8f27-49f7d1750f6b&amp;pdfUrl=%2Fupload%2F20250908-Credit%2520Rating%2520Report%2520of%2520Suzhou%2520Bank%2520Science%2520and%2520Technology%2520Innovation%2520Bonds%2520Issue.pdf&amp;type=ratings</loc>
<lastmod>2025-09-08T16:40:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6dfc4124-78a0-4bb7-a84e-65348b9767c2&amp;pdfUrl=%2Fupload%2F20250902_bscomc-change-of-chairman.pdf&amp;type=ratings</loc>
<lastmod>2025-09-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4d8e9851-66e5-4d72-b6ca-de7beb7ba5d0&amp;pdfUrl=%2Fupload%2F20250901_-hsbc-bank-china-company-limited-2022-financial-bonds-series-2-are-to-mature.pdf&amp;type=ratings</loc>
<lastmod>2025-09-01T08:01:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a551a798-a2fa-4275-8d39-9456d961ca3d&amp;pdfUrl=%2Fupload%2F20250901_fuyuan2023-2.pdf&amp;type=ratings</loc>
<lastmod>2025-09-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1c85ada8-beb9-4661-88a4-08b9cf6915c9&amp;pdfUrl=%2Fupload%2F20250829_zhuhai-water-environment.pdf&amp;type=ratings</loc>
<lastmod>2025-08-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3d1d4db4-5e6c-4f6a-ab7f-4ab3e2af529c&amp;pdfUrl=%2Fupload%2F20250829_yiwu-chengtou-group-credit-rating-report.pdf&amp;type=ratings</loc>
<lastmod>2025-08-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e37f51ec-364e-4b40-bb1b-0f169e034efc&amp;pdfUrl=%2Fupload%2F20250828_sci-group_icr.pdf&amp;type=ratings</loc>
<lastmod>2025-08-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=8148dbf8-3ad8-48fb-bdae-46e36e441c61&amp;pdfUrl=%2Fupload%2F20250805_change-in-senior-management-of-yiwu-commodities-holdings.pdf&amp;type=ratings</loc>
<lastmod>2025-08-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9fe51b56-d743-4af6-bed0-f044118112f9&amp;pdfUrl=%2Fupload%2F20250805_rating-report_fii-new_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-08-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=71f3d101-5987-4193-ba43-96f96a478081&amp;pdfUrl=%2Fupload%2F20250731_hangzhou-xiaoshan-transportation-investment-group-green-issue.pdf&amp;type=ratings</loc>
<lastmod>2025-07-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6377808a-3377-44dc-adaf-e7b8e589761f&amp;pdfUrl=%2Fupload%2F20250730_-rating-report-bank-of-china-issue-sur.pdf&amp;type=ratings</loc>
<lastmod>2025-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=62a91025-31b4-4185-b03a-cd8c179a3fb2&amp;pdfUrl=%2Fupload%2F20250730-gongyuanzhicheng2023-1.pdf&amp;type=ratings</loc>
<lastmod>2025-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d7264548-d416-47bb-9eea-9ce962cc9de6&amp;pdfUrl=%2Fupload%2F20250730-youyinghuixing-2024-4.pdf&amp;type=ratings</loc>
<lastmod>2025-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e77dade8-e22d-4217-a2bd-4ddffe97360f&amp;pdfUrl=%2Fupload%2F20250730_-rating-report-ningbo-zhenhai-rural-bank-issue-sur.pdf&amp;type=ratings</loc>
<lastmod>2025-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=031f791e-ef3e-4c4b-9a8d-30248b0e2b57&amp;pdfUrl=%2Fupload%2F20250730_qingdaocaitong.pdf&amp;type=ratings</loc>
<lastmod>2025-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=63096d46-7c75-4e48-9276-43d3be959b35&amp;pdfUrl=%2Fupload%2F20250730_-rating-report-china-construction-bank-issue-sur.pdf&amp;type=ratings</loc>
<lastmod>2025-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=69d3c1e3-f469-4d44-9e7f-2034edf059bc&amp;pdfUrl=%2Fupload%2F20250729_-rating-report_hsbc-china-icr-sur_cn_chopped.pdf&amp;type=ratings</loc>
<lastmod>2025-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a390bd01-238b-47ca-825e-aa904d464fe0&amp;pdfUrl=%2Fupload%2F20250729_2025-wenzhou-ouhai-rural-commercial-bank-issue.pdf&amp;type=ratings</loc>
<lastmod>2025-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b4134b4a-5aa2-47fa-95c1-e017d32334de&amp;pdfUrl=%2Fupload%2F20250728_-rating-report_hsbc-china-issue-sur.pdf&amp;type=ratings</loc>
<lastmod>2025-07-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8e371a48-3886-408c-a9fb-714cf60c6141&amp;pdfUrl=%2Fupload%2F20250725_zhaoyinhejia-2021-1.pdf&amp;type=ratings</loc>
<lastmod>2025-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a7615b6c-bf6f-4b3f-bee6-b3fd699b8ed7&amp;pdfUrl=%2Fupload%2F20250725_driver-china-15.pdf&amp;type=ratings</loc>
<lastmod>2025-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=34e25627-c4e8-440e-9ae3-11a89ed35d38&amp;pdfUrl=%2Fupload%2F20250725_generation-2024-2.pdf&amp;type=ratings</loc>
<lastmod>2025-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3f2e5607-38e0-4f38-8b1d-e3b3fbf36a2d&amp;pdfUrl=%2Fupload%2F20250725_generation-2024-3.pdf&amp;type=ratings</loc>
<lastmod>2025-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=60eff6e7-26c8-449d-b6af-b455cc696cf2&amp;pdfUrl=%2Fupload%2F20250725_generation-2024-1.pdf&amp;type=ratings</loc>
<lastmod>2025-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=26186218-be92-4540-b809-89ed2192df0f&amp;pdfUrl=%2Fupload%2F20250725_bsc-2024-1.pdf&amp;type=ratings</loc>
<lastmod>2025-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8b35b1be-0b05-475e-9224-1795c3ce6dde&amp;pdfUrl=%2Fupload%2F20250725_generation-2024-4.pdf&amp;type=ratings</loc>
<lastmod>2025-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=56434c12-cbde-47b0-9ad0-0c7631ff1d0a&amp;pdfUrl=%2Fupload%2F20250725_xingrui-2024-6.pdf&amp;type=ratings</loc>
<lastmod>2025-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=26a8b520-dccf-4395-8bef-46984ab2506b&amp;pdfUrl=%2Fupload%2F20250725_fuyuan2024-1.pdf&amp;type=ratings</loc>
<lastmod>2025-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5b22fbd3-62d8-428a-b392-94d27afff5ac&amp;pdfUrl=%2Fupload%2F20250725_fuyuan2023-2.pdf&amp;type=ratings</loc>
<lastmod>2025-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c01f76c0-ec8a-468a-969b-146a9ddd2776&amp;pdfUrl=%2Fupload%2F20250725_zhongyingwanjia2021-3.pdf&amp;type=ratings</loc>
<lastmod>2025-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c1a931c9-4ff3-4487-aac3-79567130f710&amp;pdfUrl=%2Fupload%2F20250725_zhongyingwanjia2022-1.pdf&amp;type=ratings</loc>
<lastmod>2025-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=334db162-fdd8-4fd2-949d-9ff309449317&amp;pdfUrl=%2Fupload%2F20250725_qingdao-huatong-s-2025-occasionally-follow-up-announcement.pdf&amp;type=ratings</loc>
<lastmod>2025-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9e30af6d-2f74-40c2-b878-0f7e530b18b8&amp;pdfUrl=%2Fupload%2F20250725_zhaoyuanhecui2024-9.pdf&amp;type=ratings</loc>
<lastmod>2025-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d4d67358-c994-4cdc-baa7-8d070dfe158f&amp;pdfUrl=%2Fupload%2F20250724_credit-rating-report_scb-china-issue.pdf&amp;type=ratings</loc>
<lastmod>2025-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=597e4d9d-0e30-47c1-8418-d34b718e001d&amp;pdfUrl=%2Fupload%2F20250724_surveillance-issue-rating_casa.pdf&amp;type=ratings</loc>
<lastmod>2025-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=8ebc5756-9f96-49b9-9dc6-1e65a165ae76&amp;pdfUrl=%2Fupload%2F20250724_zhejiang-china-commodities-city-bulletin.pdf&amp;type=ratings</loc>
<lastmod>2025-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b0d1f361-9af0-4fde-b61c-00f2f1b719dc&amp;pdfUrl=%2Fupload%2F20250724_credit-rating-report_scb-china-icr.pdf&amp;type=ratings</loc>
<lastmod>2025-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=61007371-2cb5-40e0-8296-297a7e76c63a&amp;pdfUrl=%2Fupload%2F20250714-yiwu-china-small-commodities-city-gourp-holding-change-company-name.pdf&amp;type=ratings</loc>
<lastmod>2025-07-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=45d119d7-8770-4dfd-a9fb-4db1801b9cc6&amp;pdfUrl=%2Fupload%2F20250711_credit-rating-report_mideagroup_2025_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-07-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=89284c4d-1165-4e6f-ac2d-3e47f3b370a0&amp;pdfUrl=%2Fupload%2F20250710_credit-rating-report_hana-bank-china_2025_cn-.pdf&amp;type=ratings</loc>
<lastmod>2025-07-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=0fb46f32-8663-46c1-8198-d6c8403db195&amp;pdfUrl=%2Fupload%2F20250708_fujian-sanming.pdf&amp;type=ratings</loc>
<lastmod>2025-07-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c2213f51-9688-4f24-811e-27a7b4bc1f9a&amp;pdfUrl=%2Fupload%2F20250707_credit-rating-report_bmw-china-capital-b.v_april-2025_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=11238f65-c60a-4955-ab30-e7c6f6eaed40&amp;pdfUrl=%2Fupload%2F20250707_bmw-ag-rating-report-_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f5e6974e-5370-4cef-aa40-299569358937&amp;pdfUrl=%2Fupload%2F20250707-pd-construction-credit-rating-report.pdf&amp;type=ratings</loc>
<lastmod>2025-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=fbe0bfa5-0f3b-4de9-ba75-89696bf50825&amp;pdfUrl=%2Fupload%2F20250704_zhejiang-china-commodities-city-bulletin.pdf&amp;type=ratings</loc>
<lastmod>2025-07-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=8a7d283d-507f-4782-b603-f3811a34c9e1&amp;pdfUrl=%2Fupload%2F20250704_cscec-fancheng-bulletin.pdf&amp;type=ratings</loc>
<lastmod>2025-07-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f243f1de-57d5-4ded-9291-995d6eee988d&amp;pdfUrl=%2Fupload%2F20250703_shanghai-rural-bank-green-issue.pdf&amp;type=ratings</loc>
<lastmod>2025-07-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=24de708d-bc21-4bb2-87c3-76df30234e19&amp;pdfUrl=%2Fupload%2F20250703_shanghai-rural-bank-issue-2025-1.pdf&amp;type=ratings</loc>
<lastmod>2025-07-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=13aa380f-8eaa-47dd-bbc0-9457ecb24778&amp;pdfUrl=%2Fupload%2F20250702_suzhou-bank-updated.pdf&amp;type=ratings</loc>
<lastmod>2025-07-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=86391fb9-e2ac-4088-a011-4b227acb4a4a&amp;pdfUrl=%2Fupload%2F20250701_suzhou-bank-icr-sur.pdf&amp;type=ratings</loc>
<lastmod>2025-07-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e83faa27-e492-4bdf-8373-bf5992dd783f&amp;pdfUrl=%2Fupload%2F20250701_suzhou-bank-issue-2025-1.pdf&amp;type=ratings</loc>
<lastmod>2025-07-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ade1e4af-8f5c-45a1-a959-17f761e02557&amp;pdfUrl=%2Fupload%2F20250701_suzhou-bank-issue-sur.pdf&amp;type=ratings</loc>
<lastmod>2025-07-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=420267d5-ad0e-4802-a444-08e633811083&amp;pdfUrl=%2Fupload%2F20250630_sf_sur-sac-2023-1.pdf&amp;type=ratings</loc>
<lastmod>2025-06-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b03155ac-ba29-4ba6-9b7f-dbe6d3e44264&amp;pdfUrl=%2Fupload%2F20250630-xihu-credit-rating-report.pdf&amp;type=ratings</loc>
<lastmod>2025-06-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5c8dfd90-671a-4029-8f0a-cd5c083e5aa7&amp;pdfUrl=%2Fupload%2F20250630_sf_sur-sac-2024-3.pdf&amp;type=ratings</loc>
<lastmod>2025-06-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c562895e-0697-4745-aad5-4657a6675c5c&amp;pdfUrl=%2Fupload%2F20250630_sf_sur-sac-2024-2.pdf&amp;type=ratings</loc>
<lastmod>2025-06-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0611abb8-d2eb-45c5-9dfe-0b8c9055c2f5&amp;pdfUrl=%2Fupload%2F20250630_sf_sur-sac-2024-1.pdf&amp;type=ratings</loc>
<lastmod>2025-06-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=65e67a8b-20b1-4511-96f5-b2aacf746939&amp;pdfUrl=%2Fupload%2F20250630-xihu-issue-rating-report.pdf&amp;type=ratings</loc>
<lastmod>2025-06-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7029da3a-24c9-4310-8d40-08431597280c&amp;pdfUrl=%2Fupload%2F20250630_sf_sur-sac-2023-2.pdf&amp;type=ratings</loc>
<lastmod>2025-06-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f6b5f68e-0f14-426e-8f3c-3b68409884be&amp;pdfUrl=%2Fupload%2F20250630-pudong-development-surveillance-report.pdf.pdf&amp;type=ratings</loc>
<lastmod>2025-06-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6e832feb-3bd5-45ad-a360-d9245a3f4a1f&amp;pdfUrl=%2Fupload%2F20250627_boc-samsunglife-sur.pdf&amp;type=ratings</loc>
<lastmod>2025-06-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=bc5bea01-4794-45c3-86e3-afda3c8896bb&amp;pdfUrl=%2Fupload%2F20250626_rating-report_bscomc-issue-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-06-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4d2b8042-5d37-4b04-8375-41b0db04d62d&amp;pdfUrl=%2Fupload%2F20250623_terminating-boc-2022-micro-enterprise-loan-financial-bond-phase-1-2-.pdf&amp;type=ratings</loc>
<lastmod>2025-06-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=70292eb3-9468-40dc-94d9-d6e93d3886de&amp;pdfUrl=%2Fupload%2F20250623_terminating-boc-2022-micro-enterprise-loan-financial-bond-phase-1-1-.pdf&amp;type=ratings</loc>
<lastmod>2025-06-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20250618_mr_xingrui-2025-6_cn</loc>
<lastmod>2025-06-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=bc08a051-97f4-4584-934e-4ab67b741de5&amp;pdfUrl=%2Fupload%2F20250606_xingrui-2025-6.pdf&amp;type=ratings</loc>
<lastmod>2025-06-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=071f7c60-f0e6-422f-9c04-2b910706410a&amp;pdfUrl=%2Fupload%2F20250530_xugong-leasing.pdf&amp;type=ratings</loc>
<lastmod>2025-05-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a323f408-7185-466c-b8f0-b5189bd8957f&amp;pdfUrl=%2Fupload%2F20250529_zhejiang-china-commodities-city-group.pdf&amp;type=ratings</loc>
<lastmod>2025-05-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f6ad21c4-c1ee-497e-9c3f-5b8ba43385f8&amp;pdfUrl=%2Fupload%2F20250529_yiwu-china-small-commodities-city-holding.pdf&amp;type=ratings</loc>
<lastmod>2025-05-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0c60046a-37e4-4e4a-ac1c-232251f39120&amp;pdfUrl=%2Fupload%2F20250528-icbcfl-surveillance-credit-report.pdf&amp;type=ratings</loc>
<lastmod>2025-05-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7c4e589f-f462-4a33-9bb3-55a232a063a9&amp;pdfUrl=%2Fupload%2F20250515_rating-report_cscec-civil-infrastructure-_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-05-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f56bf849-91d5-40ec-bb3b-73812236d349&amp;pdfUrl=%2Fupload%2F20250430_qingdao-huatong-group-bulletin.pdf&amp;type=ratings</loc>
<lastmod>2025-04-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20250416_mr_sac_2025-1</loc>
<lastmod>2025-04-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=3f3f9127-5b02-4ff7-93f9-3c89c042a68d&amp;pdfUrl=%2Fupload%2F20250415_bulletin_qingdao-chengfa.pdf&amp;type=ratings</loc>
<lastmod>2025-04-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=cad5a6fe-98dd-4ea6-a11c-045bb1c2d055&amp;pdfUrl=%2Fupload%2F20250409_rating-withdrawal_sac-2022-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-04-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=aac5de79-a45b-444a-a773-c1f76b86c329&amp;pdfUrl=%2Fupload%2F20250407_qingdao-caitong-group.pdf&amp;type=ratings</loc>
<lastmod>2025-04-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=fd98d649-9f1e-4cc7-b659-15e576c24e2a&amp;pdfUrl=%2Fupload%2F20250403_sac2025-1.pdf&amp;type=ratings</loc>
<lastmod>2025-04-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=55e13ae0-d1ce-4ce4-ae0e-fa38d8a65ce0&amp;pdfUrl=%2Fupload%2F20250327_xiaoshan-transportation-investment-bulletin.pdf&amp;type=ratings</loc>
<lastmod>2025-03-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4cb08310-7eda-405a-9bda-30e4cec66499&amp;pdfUrl=%2Fupload%2F20250326_zhenhai-rural-bank-capital-bond.pdf&amp;type=ratings</loc>
<lastmod>2025-03-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=cbc1a980-a51d-448b-8b6f-1df8f69e255a&amp;pdfUrl=%2Fupload%2F20250325_bscomc-2022-mtn-series-1-withdrawal_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-03-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=9884def1-e70a-45c6-8fa9-d0e12529ebb7&amp;pdfUrl=%2Fupload%2F20250325_bulletin_pudong-development-major-litigation_cn-bAjJ.pdf&amp;type=ratings</loc>
<lastmod>2025-03-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01397fa7-84f6-4399-8ac9-0845ff38f6dc&amp;pdfUrl=%2Fupload%2F20250321_maturity-of-hsbc-bank-china-company-limited-2022-financial-bonds-series-1-.pdf&amp;type=ratings</loc>
<lastmod>2025-03-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=597da671-aac0-4df4-b310-31603524df58&amp;pdfUrl=%2Fupload%2F20250311_bocsamsunglife.pdf&amp;type=ratings</loc>
<lastmod>2025-03-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5b3bb1e2-c99a-4495-9686-514731d3e4f3&amp;pdfUrl=%2Fupload%2F20250310-qingdao-water-rating-report.pdf&amp;type=ratings</loc>
<lastmod>2025-03-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=842b679e-9926-41d3-baaf-c87af3e101eb&amp;pdfUrl=%2Fupload%2F20250304_ningbo-zhenghai-rural-bank.pdf&amp;type=ratings</loc>
<lastmod>2025-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c41dfe45-265b-47f9-ba26-c0b1d9517ddc&amp;pdfUrl=%2Fupload%2F20250225_fujian-sanming-report.pdf&amp;type=ratings</loc>
<lastmod>2025-02-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=57ea460f-9378-47ef-8636-c7165dd1a8cd&amp;pdfUrl=%2Fupload%2F20250224_credit-rating-report_jpmorgan-china_feb-2025_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=bff72393-28ee-4f3c-ae38-36169f66299e&amp;pdfUrl=%2Fupload%2F20250224-boc-22-green-bond-withdrawal.pdf&amp;type=ratings</loc>
<lastmod>2025-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=bb96a76f-a9a3-422f-b359-ce3eef4ec2c5&amp;pdfUrl=%2Fupload%2F20250224_bulletin_shenergy-group-management-changes_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-02-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3012d9f1-8d9b-424e-baba-cd3b81db4cc0&amp;pdfUrl=%2Fupload%2F20250205_rating-report_qingdao-urban-development-group_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-02-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6cee1870-dd65-464d-a533-970d9c77693d&amp;pdfUrl=%2Fupload%2F20250126_rating-withdrawal_sabl-2023-1-abn_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-01-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d7fae00b-0669-49b4-b40c-f10ca993a5b0&amp;pdfUrl=%2Fupload%2F20250115_credit-rating-report_afc_cn_signed.pdf&amp;type=ratings</loc>
<lastmod>2025-01-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=170e1659-a7ea-4d69-a38b-9e5e57292bde&amp;pdfUrl=%2Fupload%2F20250113_rating-withdrawal_xingqing-2023-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-01-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=26a029ea-a9e8-4554-b573-2bd5eb2c686b&amp;pdfUrl=%2Fupload%2F20250109_bulletin_yincheng-group-management-changes_cn.pdf&amp;type=ratings</loc>
<lastmod>2025-01-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=999f30a3-1c03-4cc3-98b4-d8e9039b5e7b&amp;pdfUrl=%2Fupload%2F20241231_rating-report_bank-of-chongqing_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-12-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=44efee2e-ccea-4ed1-9264-63cdd807251f&amp;pdfUrl=%2Fupload%2F20241226_rating-report_shrcb_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-12-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1408f1cd-c642-47ae-8bcd-b307cf1ce2ee&amp;pdfUrl=%2Fupload%2F20241225_rating-report_tzucidg_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-12-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20241225_mr_zhaoyuanhecui-2024-9_cn</loc>
<lastmod>2024-12-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=33fe92dd-11ef-445a-87e6-3d76596a3d63&amp;pdfUrl=%2Fupload%2F20241213_rating-report_zhaoyuanhecui-2024-9-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-12-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20241210_mr_generation-2024-4_cn</loc>
<lastmod>2024-12-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=eaba9a43-2303-48eb-8b87-e05f00d72155&amp;pdfUrl=%2Fupload%2F20241206_issue-rating-report_suzhou-bank-2024-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-12-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9464371b-1c76-45bd-b903-76cf6468e847&amp;pdfUrl=%2Fupload%2F20241204_issue-rating-report_boc-samsung-life-sur-q3_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-12-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=317e2a8e-6e20-4518-a192-6ccd5cbb7ad6&amp;pdfUrl=%2Fupload%2F20241204_rating-report_casa_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-12-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0c410401-afff-46ae-b5a3-55a7575072e0&amp;pdfUrl=%2Fupload%2F20241202_bscomc-2021-mtn-series-3-withdrawal_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-12-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e7fc1044-5dcc-403e-a79a-dc7ece8e40a1&amp;pdfUrl=%2Fupload%2F20241128_rating-withdrawal_generation-2022-5_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-11-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=fd09f39b-e700-4e7e-b89f-b78fb3a5d11e&amp;pdfUrl=%2Fupload%2F20241129_rating-report_anz-china-_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-11-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a20d5d8d-d899-4c34-af26-326d551f37d5&amp;pdfUrl=%2Fupload%2F20241128_rating-report_generation-2024-4-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-11-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=fe45f852-22a7-4e2e-b984-96764becd8f8&amp;pdfUrl=%2Fupload%2F20241125_rating-report_yincheng-group_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-11-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b11e2c4a-0aff-491f-a1e7-19881d18f657&amp;pdfUrl=%2Fupload%2F20241121_rating-report_hangzhou-xiaoshan-transportation-investment-group_cn1.pdf&amp;type=ratings</loc>
<lastmod>2024-11-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5430ed04-9d7d-46d2-b673-e661a496c1da&amp;pdfUrl=%2Fupload%2F20241120_rating-report_dongguan-industrial-investment-holding-group_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-11-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5f358332-b0c6-4863-a365-33e52e3b27f7&amp;pdfUrl=%2Fupload%2F20241118_rating-report_fii_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-11-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e23c4fa5-dab6-443f-9057-e0544764b1ff&amp;pdfUrl=%2Fupload%2F20241115_bulletin_pudong-development-director-changes_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-11-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=70d8d913-bb11-4b1d-946f-d1c18d68de13&amp;pdfUrl=%2Fupload%2F20241114_rating-report_yyrcb_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-11-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=603ac627-5596-44f2-8c0d-2434528ac8f7&amp;pdfUrl=%2Fupload%2F20241111_rating-withdrawal_bscomc-2021-mtn-series-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-11-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=df9ea58e-dfd2-4be6-aaea-ddcea1ea3a90&amp;pdfUrl=%2Fupload%2F20241105_issue-rating_suzhou-2024-1-perpetual.pdf&amp;type=ratings</loc>
<lastmod>2024-11-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a44a880a-6ac3-42cd-8c6e-d43e64cb486c&amp;pdfUrl=%2Fupload%2F20241029_bulletin_pudong-development-management-changes_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-11-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=36d74e86-2fc7-4d2a-8819-50a9d6664519&amp;pdfUrl=%2Fupload%2F20241029_rating-withdrawal_jianyuan-2021-6_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-10-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20241024_rating-action_bsc-2024-1_cn</loc>
<lastmod>2024-10-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=00aad4bf-cc7c-4688-9f33-704417acfc99&amp;pdfUrl=%2Fupload%2F20241023_rating-report_huatong-group_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-10-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=33a3958f-ece2-456f-b5ae-514737267b7b&amp;pdfUrl=%2Fupload%2F20241021_rating-report_citi-china-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20241018_rating-action_sac-2024-3_cn</loc>
<lastmod>2024-10-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=34a56039-b2e8-49a2-8c37-f6324430eedc&amp;pdfUrl=%2Fupload%2F20241014_rating-report_sac-2024-3-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-10-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=410c15ef-0cc5-489e-8945-2ae0743f7fa2&amp;pdfUrl=%2Fupload%2F20241014_rating-report_bsc-2024-1-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-10-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9bdaae87-9bde-45f0-a568-8e371a2b048e&amp;pdfUrl=%2Fupload%2F20241012_rating-report_psbc-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20241012_mr2_generation-2024-3_cn</loc>
<lastmod>2024-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2c38aa6c-e0e7-4606-bd08-e0f42a17457a&amp;pdfUrl=%2Fupload%2F20241011_bulletin_cscec-fancheng-management-changes_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-10-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=27df40b7-4563-41af-8c76-1a7b61169d8f&amp;pdfUrl=%2Fupload%2F20240927_rating-withdrawal_sac-2022-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-09-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=569ac097-e9be-4a86-af82-b11e0e87f065&amp;pdfUrl=%2Fupload%2F20240926_presale-rating_generation-2024-3_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-09-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20240924_rating-action_xingrui-2024-6_cn</loc>
<lastmod>2024-09-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=beab84f1-3755-4192-beb8-191fe2f99502&amp;pdfUrl=%2Fupload%2F20240923_issue-rating-report_boc-samsung-life_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-09-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=639440de-7e8f-4b56-8f9d-f9ff616612d8&amp;pdfUrl=%2Fupload%2F20240918_presale_xingrui-2024-6_cn1.pdf&amp;type=ratings</loc>
<lastmod>2024-09-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e7f42b6b-955e-4fb4-bef8-1b2d9edb645c&amp;pdfUrl=%2Fupload%2F20240918_rating-withdrawal_casa-2021-2_cn1.pdf&amp;type=ratings</loc>
<lastmod>2024-09-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20240912_bulletin_hzxhuci-management-changes_cn</loc>
<lastmod>2024-09-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7d20d9e7-cfac-4718-b414-d213414d491f&amp;pdfUrl=%2Fupload%2F20240830_rating-withdrawal_fuyuan-2022-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-09-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5330871f-82ac-47df-945c-7642ed0b3b69&amp;pdfUrl=%2Fupload%2F20240903_rating-report_hzxhuci_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-09-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20240813_mr2_generation-2024-2_cn</loc>
<lastmod>2024-08-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=66930e2f-f1a9-4704-9163-4a0215ab6709&amp;pdfUrl=%2Fupload%2F20240805_rating-report-sur_cscec-fangcheng_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-08-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8ee0e0e4-5dfa-4577-add7-ec6457b6dcfe&amp;pdfUrl=%2Fupload%2F20240801_presale_generation-2024-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-08-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=ca63257a-d459-41d4-9944-4bcea9218e4c&amp;pdfUrl=%2Fupload%2F20240729_rating-withdrawal_toyota-glory-2022-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d39038b8-1edb-4f59-a689-08a3c4f79eb2&amp;pdfUrl=%2Fupload%2F20240729_rating-report_generation-2022-5-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=185acf92-6b56-4e19-ae87-8c939481ed2b&amp;pdfUrl=%2Fupload%2F20240729_rating-report_gongyuanzhicheng-2023-1-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c3fab7b0-c11b-4039-b3cd-3b5ad528e245&amp;pdfUrl=%2Fupload%2F20240726_rating-report_xingqing-2023-1-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=2dee630d-8a78-4c63-bf91-4539d778f2a0&amp;pdfUrl=%2Fupload%2F20240729_rating-report_zhongyinwanjia-2021-3-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1eafa624-2bbb-47f3-b5bf-62990032aba3&amp;pdfUrl=%2Fupload%2F20240726_rating-report_sac-2023-2-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0099c154-b0f7-4734-a4f3-a7597c8c9e11&amp;pdfUrl=%2Fupload%2F20240729_rating-report_fuyuan-2022-2-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c088026e-aee5-4c52-a71d-1e2799c1551e&amp;pdfUrl=%2Fupload%2F20240726_rating-report_sabl-2023-1-abn-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=149a148a-c010-4be7-a7a3-3f7a24305f2d&amp;pdfUrl=%2Fupload%2F20240729_rating-report_zhongyinwanjia-2022-1-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a3d39c37-aadc-4198-9980-5172c33f3253&amp;pdfUrl=%2Fupload%2F20240729_rating-withdrawal_sabl-2022-2-abn_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5ebe2f13-cdde-4ef5-8ff3-140e972b7082&amp;pdfUrl=%2Fupload%2F20240729_rating-report_zhaoyinhejia-2021-1-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=ed03c9cd-5531-4d84-b038-ed5e05d9aae5&amp;pdfUrl=%2Fupload%2F20240729_rating-withdrawal_generation-2022-3_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=84841e24-b165-4a2e-a66f-e7198992b690&amp;pdfUrl=%2Fupload%2F20240729_rating-withdrawal_boc-2021-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e2219bec-229e-487c-a2f9-8c0c37fdab6a&amp;pdfUrl=%2Fupload%2F20240729_rating-withdrawal_jianyuan-2020-10_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=55bd93ea-f8e5-4b85-b760-987424e096c9&amp;pdfUrl=%2Fupload%2F20240726_rating-report_sac-2023-1-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c322bcb2-b0c1-4ff6-a089-4a7216a71f2f&amp;pdfUrl=%2Fupload%2F20240729_rating-report_fuyuan-2023-2-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=61cf52eb-54d5-4a52-acda-1c681480c0df&amp;pdfUrl=%2Fupload%2F20240726_rating-report_sac-2022-2-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e0bd02e8-b282-4eec-b768-8b4619236cd7&amp;pdfUrl=%2Fupload%2F20240726_issue-rating-sur_boc_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6ef5f933-6b21-4db3-98a1-a1265dd68c87&amp;pdfUrl=%2Fupload%2F20240726_rating-report_jianyuan-2021-6-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e6eeb84e-dd52-4058-af12-b3b2a9d9744e&amp;pdfUrl=%2Fupload%2F20240726_rating-report-sur_boc_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f42c82ac-5bbb-4926-b107-211194e77333&amp;pdfUrl=%2Fupload%2F20240726_rating-report_sac-2022-1-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=206e32ce-e975-4db8-ad41-185009f318bb&amp;pdfUrl=%2Fupload%2F20240725_rating-report_hsbc-china-issue-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f0a138ef-3f4c-4d9e-9d6b-41d6f95201cb&amp;pdfUrl=%2Fupload%2F20240725_rating-report_hsbc-china-icr-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9c88a180-5e33-432d-86d9-bafcf86204c3&amp;pdfUrl=%2Fupload%2F20240725_rating-report_cscec-civil-infrastructure-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3cf09d7b-155d-48d1-b837-55b629764075&amp;pdfUrl=%2Fupload%2F20240723_rating-report_scb-china-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9a584bbb-9dd4-49f7-8aa3-8a5a4d403977&amp;pdfUrl=%2Fupload%2F20240723_issue-rating_scb-china-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=52d3363b-cbd7-460e-902b-0cd2838d977a&amp;pdfUrl=%2Fupload%2F20240719_issue-rating_casa-2024-renminbi-bonds-series-2-bond-connect-_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=fa77f149-6c58-4417-a005-fa61907706ea&amp;pdfUrl=%2Fupload%2F20240717_rating-report_ccb-surveillance_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=bb0b39a0-7411-43d3-a30a-6acdf16ad926&amp;pdfUrl=%2Fupload%2F20240717_rating-report_ccb-issue-surveillance_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=eba52e2a-928b-420b-9b5f-27c8a4c36396&amp;pdfUrl=%2Fupload%2F20240717_issuer-rating-report_shenergy-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=eccd0219-27ac-4b34-8928-2d98ba492a1e&amp;pdfUrl=%2Fupload%2F20240716_rating-report_icbcfl-issue-surveillance_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20240711_rating-action_fuyuan-2024-1_cn</loc>
<lastmod>2024-07-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=cca183b3-1959-449b-84f7-2c3f7b3b741e&amp;pdfUrl=%2Fupload%2F20240710_rating-report_hana-bank-china_cn1.pdf&amp;type=ratings</loc>
<lastmod>2024-07-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20240709_rating-action_sac-2024-2_cn</loc>
<lastmod>2024-07-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=96758af6-1811-44a0-b177-fae47ee1be52&amp;pdfUrl=%2Fupload%2F20240708_issue-rating-report_suzhou-bank-2024-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4cdbc0ba-7c17-4477-86fa-c34f0c97455e&amp;pdfUrl=%2Fupload%2F20240705_surveillance-issue-rating_casa_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3a4b022c-40de-4b90-9352-c915d94038df&amp;pdfUrl=%2Fupload%2F20240705_rating-report_casa_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=34338045-c8c5-4cc2-8dda-94d5d53ad191&amp;pdfUrl=%2Fupload%2F20240701_rating-withdrawal_jianyuan-2020-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=14bbc822-cd48-4058-86ca-711c95181e0f&amp;pdfUrl=%2Fupload%2F20240701_rating-withdrawal_jianyuan-2019-10_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6c294032-832a-4ffe-b64b-6fef4a3096c7&amp;pdfUrl=%2Fupload%2F20240701_rating-report_fuyuan-2024-1-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e70ab734-b20e-437d-b57e-4689106960dd&amp;pdfUrl=%2Fupload%2F20240701_rating-withdrawal_jianyuan-2020-4_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2a9e8b6c-e945-47e8-ac13-ca01a5b096e0&amp;pdfUrl=%2Fupload%2F20240701_rating-withdrawal_jianyuan-2021-7_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=cc9f63d9-eec6-4ee6-a99d-3ac5abfad5f3&amp;pdfUrl=%2Fupload%2F20240701_rating-withdrawal_jianyuan-2021-8_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-07-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d48d38e9-492b-4a0c-9780-d3dc49b92e4a&amp;pdfUrl=%2Fupload%2F20240628_rating-report_midea-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-06-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e21eb232-00e7-4ef9-b0a8-3a05e03e2d40&amp;pdfUrl=%2Fupload%2F20240627_rating-report_sac-2024-2-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-06-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6c2c29a2-16e4-4ed6-9e8a-fd901e0d75d2&amp;pdfUrl=%2Fupload%2F20240626_rating-report_bscomc-issue-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-06-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4edf9966-aaac-4baa-94fd-fe41f75b0f3b&amp;pdfUrl=%2Fupload%2F20240625_rating-report_pudong-development-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-06-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20240625_rating-action_youyingxinghui-2024-4_cn</loc>
<lastmod>2024-06-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=945ecb8b-bf31-4c1c-9c2c-c5a585e8a6ae&amp;pdfUrl=%2Fupload%2F20240619_rating-report_youyinghuixing-2024-4-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-06-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=aa2cc8e4-ae15-4673-8af5-8974e3a745a1&amp;pdfUrl=%2Fupload%2F20240614_issuer-rating-report_icbcfl-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-06-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=211a0610-05f4-42bb-85a9-7e12213ffdc1&amp;pdfUrl=%2Fupload%2F20240614_issue-rating-report_icbcfl-2024-series-4_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-06-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=eacd2eb9-3fb6-410e-9ca7-9a6c00eb07b3&amp;pdfUrl=%2Fupload%2F20240611_icbcfl-2021-series-3-withdrawal_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-06-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20240530_rating-action_driver-china-15_cn</loc>
<lastmod>2024-05-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=60b36c5e-0d27-4485-bcb7-31f188f8a2c3&amp;pdfUrl=%2Fupload%2F20240529_rating-withdrawal_jianyuan-2021-13_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-05-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a7d49c5c-d68e-425c-a12c-3ca4e960f620&amp;pdfUrl=%2Fupload%2F20240529_rating-withdrawal_autopia-china-2022-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-05-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=10801569-043e-49ea-af45-1ec3adfd00f0&amp;pdfUrl=%2Fupload%2F20240529_rating-withdrawal_jianyuan-2020-13_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-05-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=50806b62-7cf7-41e8-afed-49e78af6d377&amp;pdfUrl=%2Fupload%2F20240529_rating-withdrawal_bsc-2021-3_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-05-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=ebb3ce20-d9b1-41c8-86fe-3a3faeb5f2c2&amp;pdfUrl=%2Fupload%2F20240521_rating-withdrawal_icbcfl-2021-series-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a089efd1-f8ef-4e83-84f1-5a0ea33bf98d&amp;pdfUrl=%2Fupload%2F20240509_presale-rating-report_driver-china-15-red-pool-_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-05-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=94e73041-d217-4797-9d46-d9f992be2891&amp;pdfUrl=%2Fupload%2F20240429_rating-withdrawal_generation-2022-4_cn1.pdf&amp;type=ratings</loc>
<lastmod>2024-04-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=f668f061-3c94-49cc-ad84-3a98ca4c4224&amp;pdfUrl=%2Fupload%2F20240429_rating-withdrawal_jianyuan-2019-12_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-04-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d8cabdea-6319-4409-a1c0-ca9199b5efd9&amp;pdfUrl=%2Fupload%2F20240429_rating-withdrawal_jianyuan-2021-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-04-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e4b09ca2-9631-407d-8fcf-5ec0a417d56b&amp;pdfUrl=%2Fupload%2F20240429_rating-withdrawal_gongyuanleju-2021-4_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-04-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=af1bd37e-67e2-4cbc-b173-c770301965e1&amp;pdfUrl=%2Fupload%2F20240429_rating-withdrawal_generation-2022-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-04-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=895cf23e-7652-4503-aa0a-32c828f795da&amp;pdfUrl=%2Fupload%2F20240429_rating-withdrawal_gongyuanleju-2021-10_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-04-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f34dd4a1-17cd-4308-a6cc-b61454cf3423&amp;pdfUrl=%2Fupload%2F20240422_issue-rating-report_icbcfl-financial-bond-series-3_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4f7f9c13-74b3-448c-bc67-816a62c35404&amp;pdfUrl=%2Fupload%2F20240419_issuer-rating-report_casa_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-04-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=82d1421d-e05f-418b-b53b-b9ca0fe4746d&amp;pdfUrl=%2Fupload%2F20240419_issue-rating_casa-2024-renminbi-bonds-series-1-bond-connect-_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-04-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1c0fd603-914c-43bf-8ab2-f1b5bfcc1eed&amp;pdfUrl=%2Fupload%2F20240415_withdrawal-notice_icbcfl-2021-series-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-04-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20240412_rating-action_generation-2024-1_cn</loc>
<lastmod>2024-04-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=db4f9047-6433-4401-8882-01b996f8eded&amp;pdfUrl=%2Fupload%2F20240401_presale-rating_generation-2024-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-04-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1292a964-74c3-40eb-865f-97056e853879&amp;pdfUrl=%2Fupload%2F20240329_rating-withdrawal_jianyuan-2021-4_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-03-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=8faaff72-d863-4fce-8978-ec39794f36ab&amp;pdfUrl=%2Fupload%2F20240329_rating-withdrawal_shanghe-2021-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-03-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ec18003a-c625-4df9-a751-51fe85445f82&amp;pdfUrl=%2Fupload%2F20240325_issuer-rating-report_shenergy-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-03-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=db554e2e-f853-48c4-ad4c-9490be1395de&amp;pdfUrl=%2Fupload%2F20240318_withdrawal-bulletin_casa-2021-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-03-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a65495bb-8c93-4509-a153-514c96c8959a&amp;pdfUrl=%2Fupload%2Fneed_manual&amp;type=ratings</loc>
<lastmod>2024-03-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c4d6dd28-6df4-4e4a-ad5a-7c1d9594d2a8&amp;pdfUrl=%2Fupload%2F20240305_issue-rating-report_icbcfl-financial-bond-series-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=2b21a179-33c1-4cd0-a691-0a390454cdcb&amp;pdfUrl=%2Fupload%2F20240229_rating-report_sac-2024-1-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-02-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4b651f3c-5c10-4b0c-a527-242a9735f5b8&amp;pdfUrl=%2Fupload%2F20240229_mr_autopia-china-2021-3-withdrawal_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-02-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20240229_rating-action_sac-2021-2-withdrawal_cn</loc>
<lastmod>2024-02-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7bab9c5a-9d6a-48dd-91a7-10dc7064086b&amp;pdfUrl=%2Fupload%2F20240228_mr_sabl-abn-2022-1-withdrawal_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-02-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0ef7cb31-1521-4b42-a593-bd87ab6992cb&amp;pdfUrl=%2Fupload%2F20240223_credit-rating-report_jpm-china_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-02-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=23af4a8a-6656-42d4-8751-989a81150a72&amp;pdfUrl=%2Fupload%2F20240126_withdrawal-notice_ccb-financial-bond_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-01-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e184cfa5-9aa4-4500-9e23-da978d9c0e54&amp;pdfUrl=%2Fupload%2F20240126_issue-rating-report_icbcfl-financial-bond_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-01-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=79505d6d-233f-47b6-97a1-985095bda310&amp;pdfUrl=%2Fupload%2F20240126_issuer-rating-report_icbcfl_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-01-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=87f19467-becc-4db3-8c3a-6f7f852a540c&amp;pdfUrl=%2Fupload%2F20240119_credit-rating-report_cscec-fangcheng_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-01-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0d22b554-cf25-4385-8ab7-1f66a263afb3&amp;pdfUrl=%2Fupload%2F20240116_credit-rating-report_cscec-silkroad-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-01-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=85e10451-b8a3-4df7-afd7-c63ac506cb30&amp;pdfUrl=%2Fupload%2F20240111_credit-rating-report_cscec-civil-infrastructure_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-01-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=991f705b-900e-4571-9259-30add75b2215&amp;pdfUrl=%2Fupload%2F20240110_credit-rating-report_shrcb_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-01-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=2bafd4d6-5b90-4758-a105-f3359032d533&amp;pdfUrl=%2Fupload%2F20240105_rating-report_pudong-development_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-01-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a8461e84-e60f-4484-a14f-2959a89de2d5&amp;pdfUrl=%2Fupload%2F20240102_credit-rating-report_kb-china_cn.pdf&amp;type=ratings</loc>
<lastmod>2024-01-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=42a47a95-b4b2-4cd8-87cf-44d4b7191834&amp;pdfUrl=%2Fupload%2F20231228_mr_generation-2022-1-withdrawal_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-12-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=942a1e8b-126b-4ed3-87e9-0625da225c17&amp;pdfUrl=%2Fupload%2F20231130_credit-rating-report_anz-china-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=22053507-0026-4d72-a7e7-b648d4e5ec51&amp;pdfUrl=%2Fupload%2F20231129_mr_sabl-abn-2021-2-withdrawal_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-11-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=355d0952-2c3a-44dd-ae38-c65453390206&amp;pdfUrl=%2Fupload%2F20231123_icbcfl-issue-withdrawal-notice_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-11-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9e769544-b631-4bb3-ae56-6b098c57bd89&amp;pdfUrl=%2Fupload%2F20231115_credit-rating-report_cscec-silkroad-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-11-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20231115_rating-action_silkroad_cn</loc>
<lastmod>2023-11-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=8eb8ec64-1a45-40f9-b02a-76509b9c3c18&amp;pdfUrl=%2Fupload%2F20231108_bulletin_cscec-fangcheng-management-change_cn1.pdf&amp;type=ratings</loc>
<lastmod>2023-11-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=576786b7-1e16-4bcd-a888-332a984191cd&amp;pdfUrl=%2Fupload%2F20231030_mr_driver-china-11-withdrawal_cn-.pdf&amp;type=ratings</loc>
<lastmod>2023-10-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4a918fd4-802e-4b63-a473-73d4b6be73bf&amp;pdfUrl=%2Fupload%2F20231020_credit-rating-report_citibank-china-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-10-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1a0bd576-4c1f-4981-8ce1-6e80cadfe941&amp;pdfUrl=%2Fupload%2F20231012_psbc-rating-report_sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7b6c6bbe-3db3-4aff-a0ef-78386f265dac&amp;pdfUrl=%2Fupload%2F20231011_bulletin_hsbc-and-citi-ma_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-10-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=333a2f3b-c9ca-4b31-b056-18b5647eb437&amp;pdfUrl=%2Fupload%2F20231009_mr_toyota-glory-2021-2-withdrawal_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-10-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=57b4daa5-fa74-47e0-b112-4222e00b4670&amp;pdfUrl=%2Fupload%2F20230925_issue-rating_scb-financial-bonds-series-1-_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-09-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4292cfa3-c819-4d7d-873b-8d56530fc47b&amp;pdfUrl=%2Fupload%2F20230925_rating-report_scb_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-09-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230912_rating-action_sac-2023-2_cn</loc>
<lastmod>2023-09-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=401d68d0-3131-454e-8984-c6ecbf393744&amp;pdfUrl=%2Fupload%2F20230911_withdrawal-bulletin_20-casa-series-01_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-09-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=156b91e3-088a-42fb-95f7-0a8d7d09c110&amp;pdfUrl=%2Fupload%2F20230906_bulletin_bscomc-management-change_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-09-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230906_mr_kb-china_cn</loc>
<lastmod>2023-09-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5e9100c3-0c91-4fbe-b2e6-1a44d8b54539&amp;pdfUrl=%2Fupload%2F20230906_rating-report_kb-china_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-09-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a57bbd54-117e-4b7c-8ff2-1f2835d162ce&amp;pdfUrl=%2Fupload%2F20230831_rating-report_sac-2023-2-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-08-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230831_rating-action_sac-2021-1-withdrawal_cn</loc>
<lastmod>2023-08-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230706_rating-action_sac-2023-2_cn</loc>
<lastmod>2023-08-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=62ec2d2f-4cec-48e0-8d8e-7decf0a2c712&amp;pdfUrl=%2Fupload%2F20230810_withdrawal-bulletin_icbcfl-2020-financial-bonds_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-08-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6d8689e8-62b5-4af7-bb0b-a248dfd1cc97&amp;pdfUrl=%2Fupload%2F20230728_surveillance-issue-rating_boc_-cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ed5fec33-7b7d-4875-8d82-3ed47e9546c3&amp;pdfUrl=%2Fupload%2F20230728_sur_midea_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a6433768-f0e5-4d1f-8996-02ccfa166e22&amp;pdfUrl=%2Fupload%2F20230728_sur_boc_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230728_mr_midea_cn</loc>
<lastmod>2023-07-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230727_rating-action_cscec-fangcheng-sur_cn</loc>
<lastmod>2023-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=52506a1b-83ee-487f-9a4b-863b0092f1a3&amp;pdfUrl=%2Fupload%2F20230727_sur_cscec-civil-infrastructure_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=72898876-ec1e-4dac-8321-d62bc3abd528&amp;pdfUrl=%2Fupload%2F20230727_sur_cscec-fangcheng_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230727_rating-action_cscec-civil-infrastructure-sur_cn</loc>
<lastmod>2023-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230725_rating-action_gongyuanleju-sur_cn</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230725_rating-action_zhaoyinhejia-sur_cn</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=61b348ed-dec3-4a8f-83bd-1ed02232d8cb&amp;pdfUrl=%2Fupload%2F20230725_rating-report_gongyuanleju-2021-4-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8b66e4da-4aa9-4d79-901d-31093ad771db&amp;pdfUrl=%2Fupload%2F20230725_sur_autopia-2022-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230725_rating-action_fuyuan-sur_cn</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0d74728a-daeb-4e7e-a273-4c7ce73f8e90&amp;pdfUrl=%2Fupload%2F20230725_sur_shanghe-2021-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e1e8c185-7a02-4146-99ca-1363b84cf26d&amp;pdfUrl=%2Fupload%2F20230725_rating-report_zhaoyinhejia-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0a43a5f3-c172-4b0b-b9e3-c0184a79e404&amp;pdfUrl=%2Fupload%2F20230725_sur_toyota-glory-2021-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230725_rating-action_autopia-sur_cn</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230725_rating-action_toyota-glory-sur_cn</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=cac44588-a0b3-4219-ae33-0007c73f800e&amp;pdfUrl=%2Fupload%2F20230725_sur_autopia-2021-3_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=560c2bb5-6097-47ea-8c53-385c4ad26fe3&amp;pdfUrl=%2Fupload%2F20230725_rating-report_gongyuanleju-2021-10-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=65df6b6c-264d-41af-ba46-41c0051a44e4&amp;pdfUrl=%2Fupload%2F20230725_sur_fuyuan-2022-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230725_rating-action_shanghe-sur_cn</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=011ffa55-6ce9-4af9-8a0c-cae8840e0ba7&amp;pdfUrl=%2Fupload%2F20230725_sur_toyota-glory-2022-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a349561c-7683-46da-b7af-41b582ed2dd0&amp;pdfUrl=%2Fupload%2F20230724_rating-report_zhongyingwanjia-2022-1-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3caca117-138f-47e1-ba6a-bd4eaffe27bf&amp;pdfUrl=%2Fupload%2F20230724_rating-report_zhongyingwanjia-2021-3-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9615d581-1b87-408e-bb99-ceb41af9de99&amp;pdfUrl=%2Fupload%2F20230724_sur_bsc-2021-3_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230724_rating-action_bsc-sur_cn</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230724_rating-action_zhongyingwanjia-sur_cn</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230724_rating-action_sac_cn</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=afb61cd7-54d0-431f-9e91-82122fee1c89&amp;pdfUrl=%2Fupload%2F20230724_sur_sac-2022-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=641543b7-31a5-44d3-8522-211533fa64ab&amp;pdfUrl=%2Fupload%2F20230724_sur_sac-2022-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=83c5bb5c-615f-46d9-9d30-28fd513a3927&amp;pdfUrl=%2Fupload%2F20230724_sur_sac-2021-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4fc95181-73c5-41dd-9488-d4b169afb384&amp;pdfUrl=%2Fupload%2F20230724_sur_sabl-abn-2022-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b5c7e982-3299-4455-9d65-108aebb5e294&amp;pdfUrl=%2Fupload%2F20230724_sur_sabl-abn-2022-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ed7c6b32-67fd-4d8b-a9f7-ce3a7c66b367&amp;pdfUrl=%2Fupload%2F20230724_sur_sabl-abn-2021-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8d8fa8a7-c040-4443-ac92-2f17269d79f7&amp;pdfUrl=%2Fupload%2F20230724_sur_sac-2021-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230724_rating-action_sabl-abn-sur_cn</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230720_rating-action_mr2_xingqing-2023-1_cn</loc>
<lastmod>2023-07-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=065c5547-e24c-4e2f-ad1c-d8b972f95165&amp;pdfUrl=%2Fupload%2F20230719_issuer-rating-report_shenergy-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230719_rating-action_shenergy-sur_cn</loc>
<lastmod>2023-07-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230718_rating-action_fuyuan-2023-2_cn</loc>
<lastmod>2023-07-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a8929b1c-1237-40d4-9a24-8de22983b1d6&amp;pdfUrl=%2Fupload%2F20230714_credit-rating-report_hsbc-china-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4020d118-8718-46dc-940c-5d1b8d135cfb&amp;pdfUrl=%2Fupload%2F20230714_issue-rating-report_hsbc-china-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=fb98c4d0-8616-4aa7-8519-05b4509f6134&amp;pdfUrl=%2Fupload%2F20230713_issue-rating_casa-2023-renminbi-bond_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=00df8573-fd7b-4c33-b5e3-d3b28350f4cb&amp;pdfUrl=%2Fupload%2F20230713_issuer-rating-report_casa-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5986fcbb-1a21-413f-a6d4-e9397e437fbb&amp;pdfUrl=%2Fupload%2F20230713_issue-rating-report_casa-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=22ccefa2-998a-4ed7-bd8b-6b0e5a5ead47&amp;pdfUrl=%2Fupload%2F20230712_issuer-rating-report_ccb_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0e75c019-16d3-4455-b984-56dee9386314&amp;pdfUrl=%2Fupload%2F20230712_issue-rating-report_ccb_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230711_rating-action_driver-china-11-sur_cn</loc>
<lastmod>2023-07-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4613c7f7-9545-44b3-b794-b939e344a5ab&amp;pdfUrl=%2Fupload%2F20230711_sur_driver-china-11_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9514f005-f304-47f4-99cd-b3e3511bc0ac&amp;pdfUrl=%2Fupload%2F20230710_rating-report_xingqing-2023-1-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=2a7b7403-d9b7-4d86-924e-fd6083f65ca9&amp;pdfUrl=%2Fupload%2F20230907_icbcfl_issuer-rating_sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=290c259b-026a-4c76-a587-45332808f819&amp;pdfUrl=%2Fupload%2F20230907_icbcfl_issue-rating_sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230710_rating-action_xingqing-2023-1-presale_cn</loc>
<lastmod>2023-07-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=041caf4f-a13a-45d2-83c4-744c892cf581&amp;pdfUrl=%2Fupload%2F20230707_sur_generation-2022-3_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4c34883c-718b-449d-9f4a-a7a3b5c67398&amp;pdfUrl=%2Fupload%2F20230707_sur_jianyuan-2021-4.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9b286ce0-9c9b-446c-97b8-e66d380e171e&amp;pdfUrl=%2Fupload%2F20230707_sur_generation-2022-5_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9705b180-de09-4e13-bf6a-12b70f87f24a&amp;pdfUrl=%2Fupload%2F20230707_sur_generation-2022-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ee11be37-b034-4789-ad13-cae4634a3f92&amp;pdfUrl=%2Fupload%2F20230707_sur_generation-2022-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=cf27993b-ffce-4e0b-835d-789822d08b9e&amp;pdfUrl=%2Fupload%2F20230707_sur_jianyuan-2021-8.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4dae1c48-5e84-4496-a2d7-efc7b9ad9cec&amp;pdfUrl=%2Fupload%2F20230707_sur_jianyuan-2021-6.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c81d1f6b-ac27-4e10-a89d-aec8d3a056c5&amp;pdfUrl=%2Fupload%2F20230707_sur_jianyuan-2021-1.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=073cd095-6601-4729-a364-acd5df1c6d9e&amp;pdfUrl=%2Fupload%2F20230707_sur_jianyuan-2020-13.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=993681ac-1ec3-42d6-b825-75e1a0251c25&amp;pdfUrl=%2Fupload%2F20230707_sur_jianyuan-2020-10.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f36131a7-94b0-4c2d-ad18-fbfbe1d4449a&amp;pdfUrl=%2Fupload%2F20230707_sur_jianyuan-2019-12.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=bfc286ab-241c-4b92-9d6c-f1a35d07b540&amp;pdfUrl=%2Fupload%2F20230707_sur_jianyuan-2019-10.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e7e7cbb9-ec2b-4667-b4f2-0894ca4bd9e2&amp;pdfUrl=%2Fupload%2F20230707_sur_jianyuan-2020-2.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=305947c2-ce8b-4b95-8197-9e20946cda01&amp;pdfUrl=%2Fupload%2F20230707_sur_jianyuan-2020-4.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=30d2f2d7-49c0-49b6-a240-712865ab0b36&amp;pdfUrl=%2Fupload%2F20230707_sur_jianyuan-2021-13.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230707_rating-action_generation-sur_cn</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230707_rating-action_jianyuan-sur_cn</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=cc05c3a4-f8be-4b6d-8c69-fda24102cccd&amp;pdfUrl=%2Fupload%2F20230707_sur_generation-2022-4_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=06851da1-ff1f-4d6f-98ae-f1559254a383&amp;pdfUrl=%2Fupload%2F20230707_sur_jianyuan-2021-7.pdf&amp;type=ratings</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=993f1bf6-19d2-4fcd-a0cf-3619ca8beab0&amp;pdfUrl=%2Fupload%2F20230706_rating-report_fuyuan-2023-2-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-07-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230706_rating-action_fuyuan-2023-2_cn</loc>
<lastmod>2023-07-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=dc6db991-0e81-484d-90f8-68fab4627106&amp;pdfUrl=%2Fupload%2F20230705_withdrawal-notice-on-suzhou-hsr-new-town_cn_chopped.pdf&amp;type=ratings</loc>
<lastmod>2023-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=22d4b872-c8b4-488c-9cfa-0e3bda49386e&amp;pdfUrl=%2Fupload%2F20230630_issue-rating-sur_bscomc_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-06-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230630_rating-action_bscomc-issue-sur_cn</loc>
<lastmod>2023-06-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230607_rating-action_pudong-development_cn</loc>
<lastmod>2023-06-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a034409e-9720-4909-929a-1abe19bbf2d5&amp;pdfUrl=%2Fupload%2F20230607_rating-report_pudong-development_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-06-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=bbff406f-4266-4742-b063-102d8a14e556&amp;pdfUrl=%2Fupload%2F20230531_rating-action_autopia-china-2021-2-withdrawal-mr_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-05-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=faf59bc3-5000-476d-9415-9c2e780e805b&amp;pdfUrl=%2Fupload%2F20230531_rating-action_bsc-2021-2-withdrawal-mr_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-05-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230519_rating-action_sabl-2023-1-abn_cn</loc>
<lastmod>2023-05-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=22d0f038-6198-4014-acfb-1f90219ced3a&amp;pdfUrl=%2Fupload%2F20230515_sabl-2023-1-abn-presale-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-05-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230515_rating-action_sabl-2023-1-abn-presale-rating-report_cn</loc>
<lastmod>2023-05-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230427_rating-withdrawal_xingrui-2022-1-withdrawal_cn</loc>
<lastmod>2023-04-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230427_rating-withdrawal_zhongyu-2022-3-withdrawal_cn</loc>
<lastmod>2023-04-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c86f2d61-deeb-4cf2-aad2-42de82d53119&amp;pdfUrl=%2Fupload%2F20230418_rating-report_smbc_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-04-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a3c417e0-ba0a-460f-9948-33199ccd6022&amp;pdfUrl=%2Fupload%2F20230330_credit-rating-report_hsbc-china-_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-03-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5b6fc2f7-5e64-4a12-af29-3c65f6115c23&amp;pdfUrl=%2Fupload%2F20230330_issue-rating_hsbc-china-financial-bond_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-03-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230323_rating-action_gongyuanzhicheng-2023-1_cn</loc>
<lastmod>2023-03-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ea6c62b1-e6a0-4dd9-9371-4c36823835e9&amp;pdfUrl=%2Fupload%2F20230321_credit-rating-report_ccb_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-03-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5fce8ecb-2317-415a-98e5-28d7957541d6&amp;pdfUrl=%2Fupload%2F20230321_issue-rating-report_ccb-green-financial-bonds_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-03-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b90fc349-84ea-4094-b765-cc1cc91f5da8&amp;pdfUrl=%2Fupload%2F20230315_rating-report_srcb_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-03-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230315_rating-action_srcb_cn</loc>
<lastmod>2023-03-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230314_rating-action_sac-2023-1_cn</loc>
<lastmod>2023-03-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=00046e96-f7b0-4c80-98a2-7b25e61f5af3&amp;pdfUrl=%2Fupload%2F20230313_presale-rating-report_gongyuanzhicheng2023-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-03-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230313_rating-action_gongyuanzhicheng-2023-1-presale_cn</loc>
<lastmod>2023-03-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230302_rating-action_sac-2023-1-presale_cn</loc>
<lastmod>2023-03-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=42d78f77-b26c-4137-a557-a975c3b351ac&amp;pdfUrl=%2Fupload%2F20230302_presale-rating-report_sac-2023-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-03-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d5698feb-36d8-47e6-bea5-bb00ab8fad5f&amp;pdfUrl=%2Fupload%2F20230224_rating-report_jpm-china_cn.pdf&amp;type=ratings</loc>
<lastmod>2023-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230224_rating-action_jpm-china_cn</loc>
<lastmod>2023-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20230110_rating-withdrawal_toyota-glory-2021-1-withdrawal_cn</loc>
<lastmod>2023-01-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f449da2d-8e61-492b-b68b-8a1eaa146a9c&amp;pdfUrl=%2Fupload%2F20221229_rating-report_scb_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-12-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221230_rating-action_scb_cn</loc>
<lastmod>2022-12-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e726ecb8-83a1-471d-963d-ded638f44f78&amp;pdfUrl=%2Fupload%2F20221222_icr-rating-report_boc_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-12-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e6743e80-7165-4a2d-a86d-1c7b2358bfc6&amp;pdfUrl=%2Fupload%2F20221222_issue-rating-report_boc_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-12-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=2faaac8c-976c-485a-9881-8eb4e0a0bc3a&amp;pdfUrl=%2Fupload%2F20221222_credit-rating-report_suzhou-high-speed-railway-new-town-group_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-12-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221222_rating-action_suzhou-highspeed-railway-new-town_cn</loc>
<lastmod>2022-12-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9155cd3b-9fb9-4a07-950e-8bdf87fc7b11&amp;pdfUrl=%2Fupload%2F20221212_hsbc-china-series-3-financial-bond_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-12-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c1c88956-dcab-40dc-927e-4a47e2bd007e&amp;pdfUrl=%2Fupload%2F20221212_credit-rating-report_hsbc-china-_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-12-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=eca5f8b5-0a8a-4ba3-a471-edfb304217de&amp;pdfUrl=%2Fupload%2F20221208_withdrawal-bulletin_casa-renminbi-bonds-series-1-_cn_chopped.pdf&amp;type=ratings</loc>
<lastmod>2022-12-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221209_rating-action_generation-2022-5_cn</loc>
<lastmod>2022-12-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=04f6402b-4524-4e65-b8e6-5c8d39fb3a02&amp;pdfUrl=%2Fupload%2F20221130_sur-rating-report_anz-china_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e19d616c-61a7-42d9-a229-dbbb3841618b&amp;pdfUrl=%2Fupload%2F20221130_rating-report_generation-2022-5-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221130_rating-withdrawal_autopia-2021-1-withdrawal_cn</loc>
<lastmod>2022-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221130_rating-action_generation-2022-5-presale_cn</loc>
<lastmod>2022-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221130_rating-withdrawal_driver-china-ten-withdrawal_cn</loc>
<lastmod>2022-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221130_rating-withdrawal_fuyuan-2021-1-withdrawal_cn</loc>
<lastmod>2022-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221125_rating-action_zhongyu-2022-3_cn</loc>
<lastmod>2022-11-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7560483e-459a-4f76-afa4-024decc9e0e5&amp;pdfUrl=%2Fupload%2F20221117_surveillance_silkroad_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-11-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221117_rating-action_silkroad_cn</loc>
<lastmod>2022-11-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1aa99427-b503-4e5a-ab37-b5c0fae407e5&amp;pdfUrl=%2Fupload%2F20221116_zhongyu-2022-3-presale-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-11-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221116_rating-action_zhongyu-2022-3-presale_cn</loc>
<lastmod>2022-11-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7f32e7bf-528d-4d41-85e5-047c45e0d639&amp;pdfUrl=%2Fupload%2F20221114_rating-report_cscec-fangcheng_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-11-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221114_rating-action_cscec-fangcheng_cn</loc>
<lastmod>2022-11-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221024_rating-action_shenergy_cn</loc>
<lastmod>2022-10-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=de79b2b7-0888-4e3c-8da3-252ad06c6270&amp;pdfUrl=%2Fupload%2F20221024_rating-report_shenergy_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-10-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221021_rating-action_generation-2022-4_cn</loc>
<lastmod>2022-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221021_rating-action_sabl-2022-2_cn</loc>
<lastmod>2022-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1da36fcf-9b77-464b-bcc5-89271140dedd&amp;pdfUrl=%2Fupload%2F20221020_surveillance-rating-report_citibank-china_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-10-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a4700cc0-2ad6-402d-9c7d-a01f29fd13ab&amp;pdfUrl=%2Fupload%2F20221017_surveillance-icr_casa_cn_combined.pdf&amp;type=ratings</loc>
<lastmod>2022-10-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221014_rating-action_sabl-2022-2-presale_cn</loc>
<lastmod>2022-10-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=09ef37ce-33ca-407c-b512-719c595d9d86&amp;pdfUrl=%2Fupload%2F20221014_sabl-2022-2-abn-presale-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-10-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b75cfe89-840a-494b-a80a-6a0d95065a04&amp;pdfUrl=%2Fupload%2F20221012_psbc-rating-report_sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=98765ede-53f0-4414-ad30-d71e82cb4582&amp;pdfUrl=%2Fupload%2F20221012_generation-2022-4-presale-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20221012_rating-action_generation-2022-4-presale_cn</loc>
<lastmod>2022-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220928_rating-withdrawal_zhongyu-2022-2-withdrawal_cn</loc>
<lastmod>2022-09-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220928_rating-withdrawal_sac-2020-2-withdrawal_cn</loc>
<lastmod>2022-09-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220914_rating-action_sac-2022-2-final_cn</loc>
<lastmod>2022-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220909_rating-action_generation-2022-3_cn</loc>
<lastmod>2022-09-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220901_rating-action_sac-2022-2-presale_cn</loc>
<lastmod>2022-09-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=33312e07-e984-4383-bba4-1cd6fee68de8&amp;pdfUrl=%2Fupload%2F20220901_sac-2022-2-presale-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-09-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=558d7be8-2738-4383-8bf7-b606e51f9af4&amp;pdfUrl=%2Fupload%2F20220831_hsbc-china-series-2-financial-bond_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-08-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3b8e5617-c1cd-405a-8130-262657867e82&amp;pdfUrl=%2Fupload%2F20220831_hsbc-china-credit-rating-report_cn-.pdf&amp;type=ratings</loc>
<lastmod>2022-08-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e223b8ee-d9a5-4048-ab78-62c668601098&amp;pdfUrl=%2Fupload%2F20220830_generation-2022-3-presale-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-08-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220830_rating-action_generation-2022-3-presale_cn</loc>
<lastmod>2022-08-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220826_rating-action_autopia-china-2022-2_cn</loc>
<lastmod>2022-08-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=2542222c-d4aa-49f7-8af7-091bf1f69ba5&amp;pdfUrl=%2Fupload%2F20220816_presale_autopia-china-2022-2_combined_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-08-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220816_rating-action_autopia-china-2022-2_cn</loc>
<lastmod>2022-08-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8fa204aa-f636-4757-87fb-714f1b07534a&amp;pdfUrl=%2Fupload%2F20220729_sur_bsc-2021-3.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=58bf175d-2b0a-4788-9b54-a8688e8aec8c&amp;pdfUrl=%2Fupload%2F20220729_sur_sac-2021-2.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220729_rating-action_jianyuan-sur_cn</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=775870b6-a9e1-4906-9fd2-9c9c50f98989&amp;pdfUrl=%2Fupload%2F20220729_sur_bsc-2021-2.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=22847ec9-7bca-498d-a8f4-aede8724e51d&amp;pdfUrl=%2Fupload%2F20220729_sur_fuyuan-2021-1.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220729_rating-action_zhongyingwanjia-sur_cn</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220729_rating-action_shanghe-sur_cn</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220729_rating-action_sabl-abn-sur_cn</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220729_rating-action_gongyuanleju-sur_cn</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220729_rating-action_bsc-sur_cn</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220729_rating-action_toyota-glory-sur_cn</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220729_rating-action_driver-china-sur_cn</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b3b0a315-b832-4729-b6bf-6708685f0830&amp;pdfUrl=%2Fupload%2F20220729_sur_toyata-glory-2021-1.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6a0e563f-49a4-4b02-bb3b-3d323e0c15df&amp;pdfUrl=%2Fupload%2F20220729_sur_gongyuanleju-2021-10.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=cc625f47-5796-4b7a-a4ad-c5c3c3ac9155&amp;pdfUrl=%2Fupload%2F20220729_sur_zhongyingwanjia-2021-3.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7b659925-9917-41bb-9e9f-aba3937fc73b&amp;pdfUrl=%2Fupload%2F20220729_sur_zhaoyinhejia-2021-1.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ae97ae94-dc5f-4bfd-b422-c2c471d6b763&amp;pdfUrl=%2Fupload%2F20220729_sur_jianyuan-2021-13.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9c9390d7-0b95-461c-99ad-3a9770e9b632&amp;pdfUrl=%2Fupload%2F20220729_sur_jianyuan-2021-8.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=39e05ffe-6cfe-4758-9e02-e9c5e5f27452&amp;pdfUrl=%2Fupload%2F20220729_sur_jianyuan-2021-7.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a00e0480-24d8-45a7-9a31-2ce86c5f3dd3&amp;pdfUrl=%2Fupload%2F20220729_sur_jianyuan-2021-6.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3dea7406-a83f-410a-9cb8-eca3db75e8c7&amp;pdfUrl=%2Fupload%2F20220729_sur_jianyuan-2021-4.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=2c5ca015-f71c-4405-b047-1a708976d952&amp;pdfUrl=%2Fupload%2F20220729_sur_jianyuan-2021-1.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e1612103-4359-4f7c-8f83-b353b055f4d1&amp;pdfUrl=%2Fupload%2F20220729_sur_sac-2021-1.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=2cc1d4c8-411a-4500-98f6-e350ce351dbf&amp;pdfUrl=%2Fupload%2F20220729_sur_autopia-2021-2.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6a30cba9-d7bc-4835-b523-fadf6f2d2944&amp;pdfUrl=%2Fupload%2F20220729_sur_autopia-2021-1.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6aac8b92-42c6-41ce-80f2-59d2f8f27f43&amp;pdfUrl=%2Fupload%2F20220729_sur_jianyuan-2020-4.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=44d66e8d-85fa-4ed2-b094-065afa2cbd13&amp;pdfUrl=%2Fupload%2F20220729_sur_jianyuan-2020-2.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=82dc2fa5-dab1-4b06-a4cc-5f1757011800&amp;pdfUrl=%2Fupload%2F20220729_rating-report_midea_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220729_rating-action_zhaoyinhejia-sur_cn</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=df324a42-6627-42ad-8399-8494934adfad&amp;pdfUrl=%2Fupload%2F20220729_sur_jianyuan-2020-13.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5f0b4009-c6fd-4f3f-8571-23de963bf7cd&amp;pdfUrl=%2Fupload%2F20220729_sur_jianyuan-2020-10.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d13bf013-3311-40bd-84f5-1b96e87b8a40&amp;pdfUrl=%2Fupload%2F20220729_sur_jianyuan-2019-12.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=807a8d1c-11c3-461d-bab1-8773c4d566d3&amp;pdfUrl=%2Fupload%2F20220729_sur_driver-china-10.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=843444a7-5d3b-432f-9b8b-53ace3fc5479&amp;pdfUrl=%2Fupload%2F20220729_sur_driver-china-11.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e3f605f0-b09c-4a03-ba06-6f052f7dff78&amp;pdfUrl=%2Fupload%2F20220729_surgongyuanleju-2021-4.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220729_rating-action_autopia-sur_cn</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220729_rating-action_sac-sur_cn</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ec03e856-dd08-472d-ba79-765ad47c014f&amp;pdfUrl=%2Fupload%2F20220729_sur_jianyuan-2019-10.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8dff851d-314c-4a53-b707-48a2385cc0fa&amp;pdfUrl=%2Fupload%2F20220729_sur_autopia-2021-3.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=99ec8b3e-e04e-45b5-885c-0474da462d40&amp;pdfUrl=%2Fupload%2F20220729_sur_sac-2020-2.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=75e82778-f855-4905-9905-570fdf6f66a4&amp;pdfUrl=%2Fupload%2F20220729_sur_sabl-abn-2021-2.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8e1248c3-dcdc-465f-82f5-ff2e9ecebb65&amp;pdfUrl=%2Fupload%2F20220729_sur_shanghe-2021-1.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=06876197-9b92-4297-a2d9-044d5fdc37c7&amp;pdfUrl=%2Fupload%2F20220729_sur_toyata-glory-2021-2.pdf&amp;type=ratings</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220729_rating-action_fuyuan-sur_cn</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c3aa1464-2ac0-4fe9-8e00-99969a2ff980&amp;pdfUrl=%2Fupload%2F20220728_rating-report_cscec-civil-infrastructure_cn2.pdf&amp;type=ratings</loc>
<lastmod>2022-07-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220727_rating-withdrawal_autopia-2020-2-withdrawal_cn</loc>
<lastmod>2022-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=03066f02-54fb-4967-9c03-906908745c33&amp;pdfUrl=%2Fupload%2F20220721_boc-surveillanc-rating_cn-.pdf&amp;type=ratings</loc>
<lastmod>2022-07-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6482791d-7953-472e-ba88-31d628a9a42f&amp;pdfUrl=%2Fupload%2F20220721_issue-rating-sur_casa_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-07-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d35b8097-c442-4967-98fa-1e1d067f97f4&amp;pdfUrl=%2Fupload%2F20220721_icr-sur_casa_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-07-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f73ec421-8eed-42a9-8c81-89529516cf07&amp;pdfUrl=%2Fupload%2F20220721_boc-surveillanc-issue-rating_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-07-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=becd2710-a02a-43c7-9751-35bc5d10310c&amp;pdfUrl=%2Fupload%2F20220713_issue-rating-sur_ccb_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=61853d25-dacc-48f6-89b8-0faa85ba850e&amp;pdfUrl=%2Fupload%2F20220713_icr-sur_ccb_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=059cf8ec-dc06-4eef-b4f2-d1a04238d7cf&amp;pdfUrl=%2Fupload%2F20220705_icbcfl_issue-rating_sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=cd25e7c6-c727-40a1-8c99-c42a6b7ef150&amp;pdfUrl=%2Fupload%2F20220705_icbcfl_issuer-rating_sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=411fcfe3-eba6-426a-b84e-8ea7fd571d6c&amp;pdfUrl=%2Fupload%2F20220629_issue-rating-sur_bscomc_exchange_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-06-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a0e396c0-0108-4e58-bda0-959fcfc99f1e&amp;pdfUrl=%2Fupload%2F20220629_icr-sur_bscomc_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-06-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220628_rating-action_zhongyu-2022-2_cn</loc>
<lastmod>2022-06-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=314a5875-5c1d-469b-8a1a-1285ca29be78&amp;pdfUrl=%2Fupload%2F20220616_boc_fs-iss-2022-000001_icr-and-issue-rating_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-06-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220616_rating-action_boc_sme-loans_cn</loc>
<lastmod>2022-06-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220616_rating-action_zhongyu-2022-2-presale_cn</loc>
<lastmod>2022-06-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b4371f41-b657-4843-aaec-876cf0c32728&amp;pdfUrl=%2Fupload%2F20220616_zhongyu-2022-2-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-06-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6651c385-ad48-47ea-82fa-d9de5c88bd40&amp;pdfUrl=%2Fupload%2F20220616_boc-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-06-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220615_rating-action_xingrui-2022-1_cn</loc>
<lastmod>2022-06-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220614_rating-action_fuyuan-2022-2_cn</loc>
<lastmod>2022-06-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220610_rating-action_generation-2022-2_cn</loc>
<lastmod>2022-06-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b1a30e76-107e-4d4c-90ca-b52e656631ab&amp;pdfUrl=%2Fupload%2F20220602_xingrui-2022-1-presale-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-06-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220602_rating-action_xingrui-2022-1-presale_cn</loc>
<lastmod>2022-06-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220601_rating-action_fuyuan-2022-2-presale_cn</loc>
<lastmod>2022-06-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=704725ad-1e66-4249-9a21-90c76ee8fe5e&amp;pdfUrl=%2Fupload%2F20220601_fuyuan-2022-2-presale-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-06-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220531_rating-action_generation-2022-2-presale_cn</loc>
<lastmod>2022-05-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5026c082-a9a5-4ea1-8c20-535d5b60bb56&amp;pdfUrl=%2Fupload%2F20220531_generation-2022-2-presale-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-05-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220519_rating-action_sabl-2022-1-final_cn</loc>
<lastmod>2022-05-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220513_rating-action_sabl-2022-1-presale_cn</loc>
<lastmod>2022-05-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1b366816-b048-46dd-931f-8af44e2c13b8&amp;pdfUrl=%2Fupload%2F20220513_sabl-2022-1-abn-presale-rating-report-_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-05-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2779acc6-cda0-40e3-813b-59fe53b76e3d&amp;pdfUrl=%2Fupload%2F20220509_midea-group-bulletin_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-05-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220426_rating-action_toyota-glory-2022-1-final_cn</loc>
<lastmod>2022-04-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220418_rating-action_smbc_cn</loc>
<lastmod>2022-04-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ab78f8ef-e82e-43f9-bc4f-f6992466d0ab&amp;pdfUrl=%2Fupload%2F20220418_sumitomo-credit-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-04-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220406_rating-action_midea-group_cn</loc>
<lastmod>2022-04-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=99506f9d-fbe1-4716-966f-a07cf0ecc507&amp;pdfUrl=%2Fupload%2F20220406_credit-rating-report_midea_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-04-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3f353f25-dd71-4da7-aff6-5434dc3a445e&amp;pdfUrl=%2Fupload%2F20220402_toyota-glory-2022-1-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-04-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220402_rating-action_toyota-glory-2022-1-presale_cn</loc>
<lastmod>2022-04-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c8659e9a-7da2-4f8c-9a87-1abaacea20ac&amp;pdfUrl=%2Fupload%2F20220321_issue-rating_bscomc-mtn-series1_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-03-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=48f83e6e-9321-44e6-a887-9619c1fcc068&amp;pdfUrl=%2Fupload%2F20220318_hsbc-china-series-1-financial-bond_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-03-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1429b8f0-e6c7-4ebb-95ea-f1e05163dd32&amp;pdfUrl=%2Fupload%2F20220318_credit-rating-report_hsbc-china_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-03-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220315_rating-action_sac-2022-1-final_cn</loc>
<lastmod>2022-03-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220315_rating-action_srcb_cn</loc>
<lastmod>2022-03-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=19b7511d-6b1e-4df0-9b3a-393085a2f57d&amp;pdfUrl=%2Fupload%2F20220315_srcb-credit-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-03-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220308_rating-action_generation-2022-1-final_cn</loc>
<lastmod>2022-03-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220303_rating-action_sac-2022-1-presale_cn</loc>
<lastmod>2022-03-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0d7b26af-bb78-49e7-99de-144701b30765&amp;pdfUrl=%2Fupload%2F20220303_sac-2022-1-presale-rating-report-_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-03-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220225_rating-action_generation-2022-1-presale_cn</loc>
<lastmod>2022-02-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=038f2139-6d1a-459f-b86f-2ba1d9fe42bc&amp;pdfUrl=%2Fupload%2F20220225_generation-2022-1-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-02-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5a2f7f5c-5ad1-4205-9c7d-ebb9bf7472b6&amp;pdfUrl=%2Fupload%2F20220224_credit-rating-report_jpm-china_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a5e78b87-f695-4b41-bbec-d835e62d4797&amp;pdfUrl=%2Fupload%2F20220222_boc-green-finance-issue_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-02-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220211_rating-action_zhongyingwanjia-2022-1-final_cn</loc>
<lastmod>2022-02-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20220126_rating-action_zhongyingwanjia-2022-1-presale_cn</loc>
<lastmod>2022-01-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ce04f404-8771-4761-9ca7-7ee96621fce1&amp;pdfUrl=%2Fupload%2F20220126_boc-zhongyingwanjia-2022-1-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-01-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=9af0adbe-8b62-442b-8f94-635bc2101f3a&amp;pdfUrl=%2Fupload%2F20210112_hsbc-china-issuer-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-01-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6bcc7c72-92e4-4d80-b669-78577f4a28c5&amp;pdfUrl=%2Fupload%2F20220112_credit-rating-report_hsbc-china_cn.pdf&amp;type=ratings</loc>
<lastmod>2022-01-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20211202_rating-action_anz_cn</loc>
<lastmod>2021-12-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4dd2ce44-b59c-422b-bd14-37ccc31fd9ed&amp;pdfUrl=%2Fupload%2F20211130_credit-rating-report_anz-china_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20211123_rating-action_gongyuanleju-2021-10-final_cn</loc>
<lastmod>2021-11-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5d4be21d-65ab-4fa3-9265-62c6a4d82d73&amp;pdfUrl=%2Fupload%2F20211123_bscomc-mtn-series-3_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-11-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=90bfc2d6-4935-48fd-abc7-c9b03949feea&amp;pdfUrl=%2Fupload%2F20211111_gongyuanleju-2021-10-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-11-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20211111_rating-action_gongyuanleju-2021-10-presale_cn</loc>
<lastmod>2021-11-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20211104_rating-action_sabl-2021-2-final_cn</loc>
<lastmod>2021-11-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=42b6d911-9d83-41f2-a3f7-b2b2ca122256&amp;pdfUrl=%2Fupload%2F20211102_bscomc-2021-mtn-series-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-11-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20211029_rating-action_sabl-2021-2-presale_cn</loc>
<lastmod>2021-10-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a5b75323-ffb4-40c3-a98e-ccae02e405c3&amp;pdfUrl=%2Fupload%2F20211029_sabl-2021-2-abn-presale-rating-report-_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-10-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20211027_rating-withdrawal_jianxin-2021-2-withdrawal_cn</loc>
<lastmod>2021-10-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20211027_rating-withdrawal_zhongyu-2021-2-withdrawal_cn</loc>
<lastmod>2021-10-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20211022_rating-action_jianyuan-2021-13-final_cn</loc>
<lastmod>2021-10-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20211022_rating-action_autopia-2021-3-final_cn</loc>
<lastmod>2021-10-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20211020_rating-action_citibank_cn</loc>
<lastmod>2021-10-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3a892074-627f-49bc-ae68-c0dc9af767f4&amp;pdfUrl=%2Fupload%2F20211020_credit-rating-report_citibank-china_2021_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-10-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20211018_rating-action_bsc-2021-3-final_cn</loc>
<lastmod>2021-10-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b7da708e-a4a5-4b0f-b643-7d05e57506b5&amp;pdfUrl=%2Fupload%2F20211012_rating-report_psbc_2021sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-10-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20211013_rating-action_psbc_cn</loc>
<lastmod>2021-10-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20211012_rating-action_jianyuan-2021-13-presale_cn</loc>
<lastmod>2021-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20211012_rating-action_autopia-2021-3-presale_cn</loc>
<lastmod>2021-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=846aa29c-5edf-4126-a2b2-2c3b7fbdc3ba&amp;pdfUrl=%2Fupload%2F20211012_presale-jianyuan-2021-13_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e7858b63-21ac-4596-a6fe-b114f67e74bc&amp;pdfUrl=%2Fupload%2F20211012_presale-autopia-2021-3_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210929_rating-action_bmw-bsc-2021-3-presale_cn</loc>
<lastmod>2021-09-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4008b735-1e45-43dd-a022-b03e27047f16&amp;pdfUrl=%2Fupload%2F20210929_bsc-2021-3-presale-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-09-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210928_rating-action_silkroad_cn</loc>
<lastmod>2021-09-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=cc3f379d-1c4f-441d-a02c-963af974cd30&amp;pdfUrl=%2Fupload%2F20210928_cscec-silkroad-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-09-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210927_rating-action_civil-infrastructure_cn</loc>
<lastmod>2021-09-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=be405545-ab44-4fff-b510-150b8e3ad9ad&amp;pdfUrl=%2Fupload%2F20210927_cscec-civil-infrastructure-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-09-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5781f233-1cc5-4d53-89ff-a5cd82781a71&amp;pdfUrl=%2Fupload%2F20210916_casa-series-2-bond_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-09-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210914_rating-action_sac-2021-2-final_cn</loc>
<lastmod>2021-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9b35a736-1cde-4f29-9197-d5cd45f8b754&amp;pdfUrl=%2Fupload%2F20210907_rating-report_smbc-icr_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-09-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=678e3e27-0d7f-4a7a-9ae3-7d60f3af45fb&amp;pdfUrl=%2Fupload%2F20210903_sac-2021-2-presale-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-09-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210903_rating-action_sac-2021-2-presale_cn</loc>
<lastmod>2021-09-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210825_rating-action_casa-sur_cn</loc>
<lastmod>2021-08-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3ade7180-3443-486c-80f5-73416f004177&amp;pdfUrl=%2Fupload%2F20210824_icr_casa_2021_cn-chopped.pdf&amp;type=ratings</loc>
<lastmod>2021-08-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9a6553ab-bbbc-4f75-b273-b874a17a3844&amp;pdfUrl=%2Fupload%2F20210825_bscomc-issue-series-4_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-08-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=fd0979bb-0d47-4b7a-b2be-69988a15ee7d&amp;pdfUrl=%2Fupload%2F20210824_surveillance-issue-and-icr_casa_2021_cn-chopped.pdf&amp;type=ratings</loc>
<lastmod>2021-08-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=96ba912f-4d31-4369-97db-b25407153bc3&amp;pdfUrl=%2Fupload%2F20210823_bulletin-srcb-ipo_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-08-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a63f6423-7ba8-4000-9010-122e34fbd7d9&amp;pdfUrl=%2Fupload%2F20210819_bscomc-issue-series-3_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-08-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210819_rating-action_zhongyu-2021-2-final_cn</loc>
<lastmod>2021-08-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210810_rating-action_toyota-glory-2021-2-final_cn</loc>
<lastmod>2021-08-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210809_rating-action_zhongyu-2021-2-presale_cn</loc>
<lastmod>2021-08-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=37733afc-4e9c-423e-b116-e27169e2ce53&amp;pdfUrl=%2Fupload%2F20210809_presale-zhongyu-2021-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-08-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=5d5a3bef-8b5f-4569-a89b-9829cb1d6a36&amp;pdfUrl=%2Fupload%2F20210806_bulletin-bscomc-restructure_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-08-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210806_rating-action_autopia-2021-2-final_cn</loc>
<lastmod>2021-08-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210806_rating-action_gongyuanleju-2021-4-final_cn</loc>
<lastmod>2021-08-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9e937869-ec5c-43ad-9f8f-316216afffc3&amp;pdfUrl=%2Fupload%2F20210803_surveillance-issue-rating_casa_2021_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-08-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d6044630-971d-4c84-9d38-aa50afd53d79&amp;pdfUrl=%2Fupload%2F20210730_surveillance_jianyuan-2020-4-cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210730_rating-action_driver-china_cn</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=cddbaa3f-126f-441f-b2fb-f98673fc5150&amp;pdfUrl=%2Fupload%2F20210730_surveillance_driver-china-eleven_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c860df76-ec3e-4d58-a2ff-f82fbc62d78d&amp;pdfUrl=%2Fupload%2F20210730_surveillance_driver-china-ten_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210730_rating-action_sac_cn</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f1d6b866-641f-46f2-bff3-013e83e3ee25&amp;pdfUrl=%2Fupload%2F20210730_surveillance-sac-2020-2-cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210730_rating-action_autopia_cn</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=488d6da2-b843-48c8-8dba-3052482ecf3a&amp;pdfUrl=%2Fupload%2F20210730_surveillance_jianyuan-2020-13-cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=fe229ad4-b21c-4d1a-a90c-c57c6f514083&amp;pdfUrl=%2Fupload%2F20210730_surveillance_jianyuan-2020-2-cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210730_rating-action_jianyuan-_cn</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=cc581392-1e11-4857-bdb3-045e8456749e&amp;pdfUrl=%2Fupload%2F20210730_surveillance_jianyuan-2019-12-cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b84016d9-5774-487e-9f0a-03ce2878fafc&amp;pdfUrl=%2Fupload%2F20210730_surveillance_jianyuan-2019-10-cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f6f98d87-714b-45fe-9f45-ceb1e58d0a0a&amp;pdfUrl=%2Fupload%2F20210730_surveillance_autopia-2020-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210729_rating-action_toyota-glory-2021-2-presale_cn</loc>
<lastmod>2021-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=66c2b515-e09b-4186-b267-735550595516&amp;pdfUrl=%2Fupload%2F20210729_toyota-glory-2021-2-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=642a2875-9bce-4725-856e-eeb59df3a366&amp;pdfUrl=%2Fupload%2F20210728_icr-surveillance-ccb-2021_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1aabcc8a-6e56-4290-ac21-565a0d353022&amp;pdfUrl=%2Fupload%2F20210728_issue-rating-surveillance-ccb-2021_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210727_rating-action_boc_cn</loc>
<lastmod>2021-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210727_rating-action_autopia-2021-2-presale_cn</loc>
<lastmod>2021-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f9749488-b961-4e7b-9b91-f14c3888130e&amp;pdfUrl=%2Fupload%2F20210727_presale-autopia-2021-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=324840e6-a49a-44d0-b147-ff98f8aa3107&amp;pdfUrl=%2Fupload%2F20210727_issue-rating_boc-financial-bonds-series-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=790bc189-1067-4b05-bd58-b6c78f9ab635&amp;pdfUrl=%2Fupload%2F20210727_presale-icbc-gongyuanleju-2021-4-report-cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=74b2d060-9dc2-49a1-ba56-e5dbabb5d9dd&amp;pdfUrl=%2Fupload%2F20210727_issuer-credit-rating_boc_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210727_rating-action_gongyuanleju-2021-4-presale_cn</loc>
<lastmod>2021-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=97b23680-db7f-4815-946a-6b729863378c&amp;pdfUrl=%2Fupload%2F20210723_bscomc-issue-series-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=fbc11407-e03a-4842-a242-e24941d162b6&amp;pdfUrl=%2Fupload%2F20210713_surveillance-icr-report_icbcfl_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c5e29029-ec49-4e4b-9d6c-95a08b46a2bf&amp;pdfUrl=%2Fupload%2F20210713_surveillance-issue-report_icbcfl_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210705_rating-action_bscomc-sur_cn</loc>
<lastmod>2021-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=31774d30-b2f6-4e92-8fa2-952267cdc6a0&amp;pdfUrl=%2Fupload%2F20210630-bscomc-icr-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e2c1dd09-0bd4-4e3b-96d0-02616505a1f1&amp;pdfUrl=%2Fupload%2F20210630_bscomc-mtn-issue-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4d8abdb6-48cd-4faf-80e6-03e81a6246ca&amp;pdfUrl=%2Fupload%2F20210630_bscomc-21-guozi-01-issue-sur_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210622_rating-action_jianxin-2021-2-final_cn</loc>
<lastmod>2021-06-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210611_rating-action_bmw-bsc-2021-2-final_cn</loc>
<lastmod>2021-06-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=498c30bb-5c3d-4421-a35f-ae1802d6177a&amp;pdfUrl=%2Fupload%2F20210610_jianxin-2021-2-presale-cn.pdf&amp;type=ratings</loc>
<lastmod>2021-06-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210610_rating-action_jianxin-2021-2-presale_cn</loc>
<lastmod>2021-06-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4d5eea12-199f-4fba-88e8-d009aedeedd7&amp;pdfUrl=%2Fupload%2F20210608_issue-rating_icbcfl-series-3_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-06-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210604_rating-action_shanghe-2021-1-final_cn</loc>
<lastmod>2021-06-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=cd0c0f8d-64ba-42c5-a0fe-c2cb7c7a2240&amp;pdfUrl=%2Fupload%2F20210603_presale_bsc-2021-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-06-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210603_rating-action_bmw-bsc-2021-2-presale_cn</loc>
<lastmod>2021-06-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210526_rating-action_shanghe-2021-1-presale_cn</loc>
<lastmod>2021-05-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9b4acd7f-3e96-4228-a279-f00b155652f2&amp;pdfUrl=%2Fupload%2F20210526_shanghe-2021-1-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-05-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210520_rating-action_jianyuan-2021-8-final_cn</loc>
<lastmod>2021-05-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=483fe80c-b312-4b6d-8217-1de3cdf783aa&amp;pdfUrl=%2Fupload%2F20210520_issuer-rating-report_icbcfl_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-05-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e32f629c-fc71-4b35-8503-c658d6ad5e4b&amp;pdfUrl=%2Fupload%2F20210520_issue-rating_icbcfl_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-05-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=eff3c4a1-d05b-4350-a669-527dd85212ec&amp;pdfUrl=%2Fupload%2F20210519_zhongyingwanjia-2021-3_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-05-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210511_rating-action_jianyuan-2021-7-final_cn</loc>
<lastmod>2021-05-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=2d186cec-ebf3-40a5-a4a3-3231e1b83965&amp;pdfUrl=%2Fupload%2F20210510_presale_jianyuan-2021-8_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-05-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210510_rating-action_jianyuan-2021-8-presale_cn</loc>
<lastmod>2021-05-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210427_rating-action_jianyuan-2021-7-presale_cn</loc>
<lastmod>2021-04-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=acbff8fe-1bfe-43ce-9285-085820812d08&amp;pdfUrl=%2Fupload%2F20210427_presale_jianyuan-2021-7_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-04-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=dbf77b0b-596b-405d-8185-3488878dbb27&amp;pdfUrl=%2Fupload%2F20210426_issue-rating_bscomc-2021-series-1-corporate-bond_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-04-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210422_rating-action_jianyuan-2021-6-final_cn</loc>
<lastmod>2021-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210412_rating-action_jianyuan-2021-6-presale_cn</loc>
<lastmod>2021-04-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b7325cdd-7204-48a5-9bec-51f42cb59825&amp;pdfUrl=%2Fupload%2F20210412_jianyuan-2021-6-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-04-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=93a32f97-46e3-4ccd-b65a-6f550b8910ec&amp;pdfUrl=%2Fupload%2F20210407_issue-rating-notice_icbcfl-2021-series-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-04-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210330_rating-action_hejia-2021-1-final_cn</loc>
<lastmod>2021-03-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210326_rating-action_sac-2021-1-final_cn</loc>
<lastmod>2021-03-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210324_rating-action_autopia-2021-1-final_cn</loc>
<lastmod>2021-03-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210323_rating-action_fuyuan-2021-1-final_cn</loc>
<lastmod>2021-03-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d159388e-f965-4226-85cf-20abbf24a6a5&amp;pdfUrl=%2Fupload%2F20210318_issue-rating_casa-2021_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4de3848a-4c3b-409e-9c6f-5865c1384f4f&amp;pdfUrl=%2Fupload%2F20210318_presale_zhaoyin-hejia-2021-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f8e0678a-6b9d-486e-9d44-6fc4a46b127b&amp;pdfUrl=%2Fupload%2F20210318_issue-rating_casa-2021_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5f92685c-ff7f-403e-99e9-8c86ef8d169e&amp;pdfUrl=%2Fupload%2F20210318_presale_zhaoyin-hejia-2021-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=28b0619e-d62e-4f34-9b51-01c864454669&amp;pdfUrl=%2Fupload%2F20210317_credit-rating-report_srcb_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=8d3b6373-26f8-49ea-b543-1be31a708da2&amp;pdfUrl=%2Fupload%2F20210317_credit-rating-report_srcb_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=464273d6-c215-40cc-ba9f-7754ebb37897&amp;pdfUrl=%2Fupload%2F20210316_presale_sac-2021-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=fe7ef1d3-4571-4116-8b55-e157bc05a09e&amp;pdfUrl=%2Fupload%2F20210316_presale_sac-2021-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210312_rating-action_autopia-2021-1-presale_cn</loc>
<lastmod>2021-03-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ee0e06c3-ba48-4f38-9dcf-748590ef84fe&amp;pdfUrl=%2Fupload%2F20210312_presale_autopia-2021-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6fdd84d3-5dd3-4aab-a6fa-4061b588c7c3&amp;pdfUrl=%2Fupload%2F20210309_issue-rating-notice_bscomc_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e34addbf-7bae-4d12-a4f6-601b4e037f02&amp;pdfUrl=%2Fupload%2F20210309_panda-bond-issuer-credit-rating-report_credit-agricole_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=12becfff-f0ce-4c49-822d-5f65db2a6091&amp;pdfUrl=%2Fupload%2F20210309_presale-fuyuan-2021-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3d56793b-dad5-4143-be83-fe10ced2852f&amp;pdfUrl=%2Fupload%2F20210309_presale-fuyuan-2021-1_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9aa67300-2a6d-4aae-ae86-dc9e32c3ae71&amp;pdfUrl=%2Fupload%2F20210309_issue-rating_casa-2020_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=66558488-0ff7-414e-9eae-17563795d273&amp;pdfUrl=%2Fupload%2F20210309_issue-rating_casa-2019_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=104acc6b-f8a3-4ea0-adaf-a173e54e621a&amp;pdfUrl=%2Fupload%2F20210309_panda-bond-issuer-credit-rating-report_credit-agricole_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210308_rating-action_jianyuan-2021-4-final_cn</loc>
<lastmod>2021-03-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210308_rating-action_toyota-glory-2021-1-final_cn</loc>
<lastmod>2021-03-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=97b5836f-05ff-4d75-b7cd-f4fee55a667f&amp;pdfUrl=%2Fupload%2F20210301_rating-report-smbc_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3c69a182-b492-4a62-a19a-22a66c7d25dc&amp;pdfUrl=%2Fupload%2F20210301_rating-report-bscomc_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7697aa98-f9f2-448a-95c6-61bbc348200c&amp;pdfUrl=%2Fupload%2F20210301_rating-report-smbc_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=82282b3c-182b-4d9a-8d6a-a117fbe3b947&amp;pdfUrl=%2Fupload%2F20210301_rating-report-bscomc_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-03-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4304aaba-b2a6-4fad-baaa-99260af16d9e&amp;pdfUrl=%2Fupload%2F20210224_jianyuan-2021-4-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c6e3c4ed-0f5c-414c-9ee5-201e1c690007&amp;pdfUrl=%2Fupload%2F20210224_credit-rating-report-jpm-china_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1320cf1c-3c00-4f70-9d96-7095dc7c4a8b&amp;pdfUrl=%2Fupload%2F20210223_toyota-glory-2021-1-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210224_rating-action_jianyuan-2021-4-presale_cn</loc>
<lastmod>2021-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=086db654-f8f6-4b8c-903d-69b4c79117cb&amp;pdfUrl=%2Fupload%2F20210223_toyota-glory-2021-1-presale_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e5fd64eb-5d19-47df-9c3a-f7a1ef257345&amp;pdfUrl=%2Fupload%2F20210224_credit-rating-report-jpm-china_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f6e149f3-c577-429e-8efa-5dc47eefab66&amp;pdfUrl=%2Fupload%2F20210125_issuer-rating-report_civil-infrastructure_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-01-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b3141b85-d17b-412b-9f67-1e61b0654886&amp;pdfUrl=%2Fupload%2F20210125_issuer-rating-report_civil-infrastructure_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-01-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210121_rating-action_jianyuan-2021-1-final_cn</loc>
<lastmod>2021-01-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210120_rating-withdrawal_jianxin-2020-7_cn</loc>
<lastmod>2021-01-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210120_rating-withdrawal_jianxin-2020-4-withdrawal_cn</loc>
<lastmod>2021-01-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=fd5b4e09-1d5d-4fe2-ae38-77b0de8bcdb0&amp;pdfUrl=%2Fupload%2F20210119-issue-and-issuer-rating-report-ccb_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-01-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c0a52875-6583-483b-bd50-7cf3f814798b&amp;pdfUrl=%2Fupload%2F20210119-issuer-rating-report-ccb_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-01-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210119_rating-action_ccb-issuer-issue_cn</loc>
<lastmod>2021-01-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=c9529437-1a26-4267-b18d-c5bf7027f236&amp;pdfUrl=%2Fupload%2F20210112_hsbc-china-issuer-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-01-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3058d987-3896-45ba-b89b-96a4a6f8b0be&amp;pdfUrl=%2Fupload%2F20210112_hsbc-china-issuer-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-01-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20210111_rating-action_jianyuan-2021-1-presale_cn</loc>
<lastmod>2021-01-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8887e98a-d35a-4656-9be3-ec2f5d2a91a6&amp;pdfUrl=%2Fupload%2F20210111_presale-report-jianyuan-2021-01_cn.pdf&amp;type=ratings</loc>
<lastmod>2021-01-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=cdf9d7f4-1578-4e67-ade1-ce8b2568dd78&amp;pdfUrl=%2Fupload%2F20201228_issuer-rating-report_silkroad_cn-1-.pdf&amp;type=ratings</loc>
<lastmod>2020-12-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d65084dc-d73b-4294-a177-0082afb6bb8e&amp;pdfUrl=%2Fupload%2F20201228_issuer-rating-report_silkroad_cn-1-.pdf&amp;type=ratings</loc>
<lastmod>2020-12-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20201211-rating-action_jianxin-2020-7_cn</loc>
<lastmod>2020-12-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20201204_rating-action_jianyuan-2020-13-final_cn</loc>
<lastmod>2020-12-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=ebe6a303-2de4-4b3a-b758-d3429e001976&amp;pdfUrl=%2Fupload%2F20201201_presale-report_jianxin-2020-7_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-12-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0d14f41d-0635-434a-9905-56a32d45fc9f&amp;pdfUrl=%2Fupload%2F20201201_presale-report_jianxin-2020-7_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-12-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7080cf82-1135-4aff-b51d-551ec81bf836&amp;pdfUrl=%2Fupload%2F20201127_driver-china-eleven-final_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-11-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=3580d9d3-b463-4ce6-8444-8edb6b0dc563&amp;pdfUrl=%2Fupload%2F20201124_presale-report-jianyuan-2020-13_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-11-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=2f2a6193-2e2b-40b4-b997-83671f8a88c1&amp;pdfUrl=%2Fupload%2F20201124_presale-report-jianyuan-2020-13_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-11-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=151f5d37-531a-499d-b45d-3cdb71fff4c7&amp;pdfUrl=%2Fupload%2F20201124_issue-and-issuer-report-icbcfl_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-11-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=cf6ffc6f-602b-476b-acb3-958ce343c01e&amp;pdfUrl=%2Fupload%2F20201124_rating-report-icbcfl_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-11-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20201105_rating-action_autopia-2020-2-final_cn</loc>
<lastmod>2020-11-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7a0823db-2d9d-4351-8bfe-790b507afa64&amp;pdfUrl=%2Fupload%2F20201103_rating-report_presale-report_driver-eleven_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-11-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7762363a-b887-4f37-992b-7d1b368ba70e&amp;pdfUrl=%2Fupload%2F20201103_rating-report_presale-report_driver-eleven_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-11-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20201102_rating-action_jianyuan-2020-10-final_cn</loc>
<lastmod>2020-11-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=514d2dc8-a3a2-46d4-b9b4-1dfd8ad00c45&amp;pdfUrl=%2Fupload%2F20201026_autopia-2020-2-presale-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-10-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0185546b-41a7-4c65-8f57-da8b710beaab&amp;pdfUrl=%2Fupload%2F20201026_autopia-2020-2-presale-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-10-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e8032371-93e4-4cca-8ead-6823d9a1e5e7&amp;pdfUrl=%2Fupload%2F20201021_jianyuan-2020-10-preliminary_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=620de656-1165-46dd-92fc-961fc11d385f&amp;pdfUrl=%2Fupload%2F20201021_jianyuan-2020-10-preliminary_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f0b33d4f-2fef-42c2-92d8-b05fc7950b7f&amp;pdfUrl=%2Fupload%2F20202010_citibank-china-credit-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-10-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=38568fea-64be-4385-81ca-c31532013195&amp;pdfUrl=%2Fupload%2F20202010_citibank-china-credit-rating-report_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-10-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8ad7219c-6215-46a7-b1fa-6e759ed108ca&amp;pdfUrl=%2Fupload%2Frating-report_psbc_9oct2020_cn_chopped-version.pdf&amp;type=ratings</loc>
<lastmod>2020-10-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7bd2e3ba-ed04-4220-8856-718f2febcf92&amp;pdfUrl=%2Fupload%2Frating-report_psbc_9oct2020_cn_chopped-version.pdf&amp;type=ratings</loc>
<lastmod>2020-10-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20200921-rating-action_jianxin-2020-4_cn</loc>
<lastmod>2020-09-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/final_jianxin-2020-4_21sep2020_cn</loc>
<lastmod>2020-09-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20200914-rating-action_sac-2020-2_cn</loc>
<lastmod>2020-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/final_sac-2020-2_14sep2020_cn</loc>
<lastmod>2020-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e5fe6bc4-ef74-4ce0-8ded-9496a24c1392&amp;pdfUrl=%2Fupload%2F20200909_presale_jianxin-2020-4_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-09-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=93591314-73e9-431b-9922-05092f8b7926&amp;pdfUrl=%2Fupload%2F20200907_presale_sac-2020-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-09-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=70340265-7762-4514-a80c-885b1393ce2b&amp;pdfUrl=%2Fupload%2F20200907_presale_sac-2020-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-09-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d4a0ad6b-37f2-4561-84e3-73b79caf54a4&amp;pdfUrl=%2Fupload%2F20200825_rating-report_smbc_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-08-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=82435fda-91a2-42f3-99c7-1db0caf1b044&amp;pdfUrl=%2Fupload%2F20200825_rating-report_smbc_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-08-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/final_jianyuan-2020-4_6aug2020_cn</loc>
<lastmod>2020-08-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20200806_rating-action_jianyuan-2020-4_cn</loc>
<lastmod>2020-08-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/rating-action_icbcfl-issuer-and-issue_4aug2020_cn</loc>
<lastmod>2020-08-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8b4b45bf-b8c7-4e1c-88e0-7ec082ffaedc&amp;pdfUrl=%2Fupload%2F20200724_issue-rating_icbcfl-issue_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-08-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/rating-action_jianyuan-actions_31july2020_cn</loc>
<lastmod>2020-07-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0f8297b2-e2f7-4cc9-9d2a-f0334cc0da0d&amp;pdfUrl=%2Fupload%2F20200731_surveillance_jianyuan-2019-12_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-07-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3195a378-cc36-4412-aed0-17ab182435c2&amp;pdfUrl=%2Fupload%2F20200731_surveillance_jianyuan-2019-10_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-07-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a23b60b6-b384-4825-bb3a-25eabf43ad8f&amp;pdfUrl=%2Fupload%2F20210730_surveillance_jianyuan-2020-10-cn.pdf&amp;type=ratings</loc>
<lastmod>2020-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6d7bbe80-0f5c-4e44-8436-ed37129c2dd0&amp;pdfUrl=%2Fupload%2F20200722_presale_jianyuan-2020-4_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-07-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c0912af5-dd7e-4115-a461-bfd4b14144e2&amp;pdfUrl=%2Fupload%2F20200722_presale_jianyuan-2020-4_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-07-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e8cd523e-e9b1-465f-b162-06b51e235fec&amp;pdfUrl=%2Fupload%2F20200710_issuer-rating-report_icbcfl_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-07-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20200624-rating-action_jianyuan-2020-2_cn</loc>
<lastmod>2020-06-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b7d6d379-c9d3-4e53-abe6-273277d6724c&amp;pdfUrl=%2Fupload%2Fneed_manual&amp;type=ratings</loc>
<lastmod>2020-06-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=fd1f6d2e-fa65-4cce-92fe-41925eb2668b&amp;pdfUrl=%2Fupload%2F20200615_presale_jianyuan-2020-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-06-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=522e8db3-3873-4b42-a821-0da0b9ddac1b&amp;pdfUrl=%2Fupload%2F20200615_presale_jianyuan-2020-2_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-06-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/presale_jianyuan-2020-2_15june2020_cn</loc>
<lastmod>2020-06-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e4c6a4c5-c911-48c7-8024-3e53e9baba48&amp;pdfUrl=%2Fupload%2F20200609_rating-report_smbc_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-06-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=45430a59-1893-405a-8c96-cda19503a1b0&amp;pdfUrl=%2Fupload%2F20200609_rating-report_smbc_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-06-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/rating-report_smbc_9june2020_cn</loc>
<lastmod>2020-06-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=918d021b-0e6d-43a8-aacc-7a754b826d69&amp;pdfUrl=%2Fupload%2F20200422_bulletin_srcb_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/bulletin_srcb_22apr2020_cn</loc>
<lastmod>2020-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/bulletin_luzhou-bank_30mar2020_cn</loc>
<lastmod>2020-03-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a6fb6f3b-238a-4222-8a8e-3faa0f23de00&amp;pdfUrl=%2Fupload%2F20200330_bulletin_luzhou-bank_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-03-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=188a717a-23d6-4d08-8b5e-5e9deee0f47b&amp;pdfUrl=%2Fupload%2F20200327_new-issue_driver-china-ten-black-pool-_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-03-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=cdb5ce9e-e066-441d-ab5c-51cace188e50&amp;pdfUrl=%2Fupload%2F20200327_new-issue_driver-china-ten-black-pool-_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-03-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/rating-action_driver-china-ten-black-pool-_27mar2020_cn</loc>
<lastmod>2020-03-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/bulletin_psbc_26mar2020_cn</loc>
<lastmod>2020-03-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=3031cfd9-ae8a-4a93-b8b8-a30f9bce2611&amp;pdfUrl=%2Fupload%2F20200326_bulletin_psbc_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-03-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=93dcfec6-6dc5-493a-bd9b-9e78f0d6e205&amp;pdfUrl=%2Fupload%2F20200305_presale_driver-china-ten_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f353951b-c9df-4822-919c-65c01568aacb&amp;pdfUrl=%2Fupload%2F20200305_presale_driver-china-ten_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=95477469-edd6-4741-893b-121c0bcedb5d&amp;pdfUrl=%2Fupload%2Fpresale_driver-china-ten_5mar2020_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ef63beec-eb5b-42f2-9356-e074182a9920&amp;pdfUrl=%2Fupload%2Fpresale_driver-china-ten_5mar2020_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a564581c-518c-4b6e-ba01-9d66e90688b7&amp;pdfUrl=%2Fupload%2F20200224_rating-report_jpm-china_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1f04e2b3-38d7-4900-ab1b-77be6b708eb2&amp;pdfUrl=%2Fupload%2F20200224_rating-report_jpm-china_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7f68e337-a3e5-4101-bceb-b44282cf4098&amp;pdfUrl=%2Fupload%2F20200114_credit-rating-report_srcb_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-01-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=ec97deb6-0c89-4d45-a3e6-942d47720a9a&amp;pdfUrl=%2Fupload%2F20200114_credit-rating-report_srcb_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-01-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5abab171-f97e-4740-94d9-05d2754d1f98&amp;pdfUrl=%2Fupload%2F20200108_rating-report_psbc_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-01-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=787e958c-af9b-4433-b4d6-dfef188d838d&amp;pdfUrl=%2Fupload%2F20200103_rating-report_psbc_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-01-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20200103_rating-action_jianyuan_cn</loc>
<lastmod>2020-01-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/final_jianyuan-2019-12_3jan2020_cn</loc>
<lastmod>2020-01-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d2d0df23-3991-4f41-9400-883eff7b6fb1&amp;pdfUrl=%2Fupload%2F20200103_rating-report_psbc_cn.pdf&amp;type=ratings</loc>
<lastmod>2020-01-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b91b7818-ecea-487b-968b-c726c5062fbf&amp;pdfUrl=%2Fupload%2F20191217_presale_jianyuan-2019-12_cn.pdf&amp;type=ratings</loc>
<lastmod>2019-12-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=005bf0cd-bba2-435f-972d-af7f318a3920&amp;pdfUrl=%2Fupload%2F20191217_presale_jianyuan-2019-12_cn.pdf&amp;type=ratings</loc>
<lastmod>2019-12-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/20191129_mr_jianyuan-2019-10-final-ratings_cn</loc>
<lastmod>2019-11-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/ratings/final_jianyuan-2019-10_29nov2019_cn</loc>
<lastmod>2019-11-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2a772174-adc4-4fe7-b8be-a38aa3063164&amp;pdfUrl=%2Fupload%2F20191120_presale_jianyuan_cn.pdf&amp;type=ratings</loc>
<lastmod>2019-11-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3aefbe34-a1be-44f6-b8df-da62f00620c0&amp;pdfUrl=%2Fupload%2F20191120_presale_jianyuan_cn.pdf&amp;type=ratings</loc>
<lastmod>2019-11-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=80800ff6-d4d5-4512-bcb6-8a6d78885990&amp;pdfUrl=%2Fupload%2F20200103_rating-report_psbc_cn.pdf.pdf&amp;type=ratings</loc>
<lastmod>2019-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=04c9e515-a64c-4504-aeae-40f872a2f7d8&amp;pdfUrl=%2Fupload%2F20190730_rating-report_luzhou-bank_cn.pdf&amp;type=ratings</loc>
<lastmod>2019-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=df660e37-b541-463c-9d25-fb886558d143&amp;pdfUrl=%2Fupload%2F20190730_rating-report_luzhou-bank_cn.pdf&amp;type=ratings</loc>
<lastmod>2019-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6b6f25b0-97bd-4c59-9d96-88f5cb195f33&amp;pdfUrl=%2Fupload%2F20190711_rating-report-icbcfl-cn.pdf&amp;type=ratings</loc>
<lastmod>2019-07-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=07c2dcfb-0644-4b3f-800c-e82114a7eb32&amp;pdfUrl=%2Fupload%2F20190711_rating-report-icbcfl-cn.pdf&amp;type=ratings</loc>
<lastmod>2019-07-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a134a5-6ecc-7669-9577-6e1d6e062b0c&amp;pdfUrl=%2Fupload%2F20261013_IHC%2520Credit%2520Analysis.pdf&amp;type=research</loc>
<lastmod>2026-10-13T16:45:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0c72c-6d73-77ab-82bc-d5f9353c451f&amp;pdfUrl=%2Fupload%2F20260922_commentary%2520property.pdf&amp;type=research</loc>
<lastmod>2026-09-22T10:35:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0b3e2-6d48-748b-9706-292698c84e98&amp;pdfUrl=%2Fupload%2F20260918_Insurance%2520Companies%2520Credit%2520Trends.pdf&amp;type=research</loc>
<lastmod>2026-09-18T15:42:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0852c-d2b9-7132-8ac3-8f4b341494dd&amp;pdfUrl=%2Fupload%2F20260909_credit%2520NPL.pdf&amp;type=research</loc>
<lastmod>2026-09-09T14:04:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0803f-33f2-7754-879a-c2b651b1da72&amp;pdfUrl=%2Fupload%2F2026020826_energy%2520transition_2.pdf&amp;type=research</loc>
<lastmod>2026-09-08T17:02:28+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a0614f-d139-77ce-b443-c158abb7b8a3&amp;pdfUrl=%2Fupload%2F20260902_Property%2520Market%2520New%2520Policies.pdf&amp;type=research</loc>
<lastmod>2026-09-02T14:52:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a056bc-93ad-765f-8426-38e0201c59c3&amp;pdfUrl=%2Fupload%2F2026020826_energy%2520transition_1_r.pdf&amp;type=research</loc>
<lastmod>2026-08-31T14:37:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=01a013c6-b4e5-778a-8daf-dd49b2e9f2d7&amp;pdfUrl=%2Fupload%2F20260818_LGFV%2520Mid-Year%2520Review-.pdf&amp;type=research</loc>
<lastmod>2026-08-18T13:31:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ffe26-b659-713a-9f10-d8560e071b17&amp;pdfUrl=%2Fupload%2F20260814_Beijing%2520Real%2520Estate%2520New%2520Policies.pdf&amp;type=research</loc>
<lastmod>2026-08-14T10:16:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ffa55-756f-777b-b54f-4ce35d4053dd&amp;pdfUrl=%2Fupload%2F20260813_pandabonds_CN.pdf&amp;type=research</loc>
<lastmod>2026-08-13T13:06:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019fb2a3-a008-758b-a13f-7ec9b2a4b5f1&amp;pdfUrl=%2Fupload%2F20260730_midyear%2520outlook.pdf&amp;type=research</loc>
<lastmod>2026-07-30T17:49:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019f2252-b9a3-774e-bf77-c829850707c2&amp;pdfUrl=%2Fupload%2F20260702%2520India%2520vs.%2520China_CN.pdf&amp;type=research</loc>
<lastmod>2026-07-02T13:17:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019ec966-5a97-749b-932c-e7914e85d96e&amp;pdfUrl=%2Fupload%2F20260615%2520LGFV%2520New%2520Regulation%2520Policy.pdf&amp;type=research</loc>
<lastmod>2026-06-15T11:55:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019dd7e3-102a-72bc-9d01-678875aa5552&amp;pdfUrl=%2Fupload%2F20260429%2520Q1%2520LGFV%2520Review.pdf&amp;type=research</loc>
<lastmod>2026-04-29T13:20:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019dce06-2f4f-76c2-99e0-afaa3590580b&amp;pdfUrl=%2Fupload%2F20260427%2520Xian%2520Qujiang%2520LGFV.pdf&amp;type=research</loc>
<lastmod>2026-04-27T13:29:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d952c-9d2e-74fd-bd08-dcd7cf4e85cd&amp;pdfUrl=%2Fupload%2F20260416%2520Commodities%2520Outlook%2520Amid%2520Geopolitical%2520Storm.pdf&amp;type=research</loc>
<lastmod>2026-04-16T13:27:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d41d3-f578-7219-9110-59c4df5bd338&amp;pdfUrl=%2Fupload%2F20260331_Consumer_Overview_Outlook.pdf&amp;type=research</loc>
<lastmod>2026-03-31T11:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019d3d3f-122f-71b8-9872-e1b78d18dbca&amp;pdfUrl=%2Fupload%2F20260330_FI%2520bulletin.pdf&amp;type=research</loc>
<lastmod>2026-03-30T11:38:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=019d293b-e6bf-7209-ae2f-90c7fc88e324&amp;pdfUrl=%2Fupload%2F20260326_Dim%2520Sum%2520Bond.pdf&amp;type=research</loc>
<lastmod>2026-03-26T13:26:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=019d1e79-08ac-77f0-b100-d4e188f776db&amp;pdfUrl=%2Fupload%2F20260324_POE.pdf&amp;type=research</loc>
<lastmod>2026-03-24T13:19:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019cd20a-5581-7544-b3ae-e037c601e8a4&amp;pdfUrl=%2Fupload%2F20260312_AUTO_Overview_Outlook.pdf&amp;type=research</loc>
<lastmod>2026-03-12T10:09:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=019cdb77-f4ae-713d-8dea-6344ce6e4cfd&amp;pdfUrl=%2Fupload%2FFI_Commentary_202603_%2520Credit%2520Challenges%2520of%2520Hybrid%2520Instruments_CN_V2_Clean%2520%281%29.pdf&amp;type=research</loc>
<lastmod>2026-03-11T13:50:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019c4ad0-f3f9-73fb-a81d-3779e91e9fc2&amp;pdfUrl=%2Fupload%2FNPL_Overview_AND_Outlook_PPT_CN_202602.pdf&amp;type=research</loc>
<lastmod>2026-02-11T11:50:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019c4587-4bc2-733c-8335-f813d7d5808f&amp;pdfUrl=%2Fupload%2F20260210_LGFV%25202025%2520Review.pdf&amp;type=research</loc>
<lastmod>2026-02-10T09:16:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019c41e6-412f-74ad-b034-ace4a46346ad&amp;pdfUrl=%2Fupload%2F20260206_Energy%2520storage_clean3.pdf&amp;type=research</loc>
<lastmod>2026-02-09T13:17:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=019c0d8e-047f-760b-8825-553aa82e3620&amp;pdfUrl=%2Fupload%2F20260130_RMBS_Overview_and_Outlook_PPT.pdf&amp;type=research</loc>
<lastmod>2026-01-30T14:20:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=019be51e-fae0-719a-93b8-852bd112a361&amp;pdfUrl=%2Fupload%2F20260122Commentary_Property%2520Outlook%25202026_CN%2520clean.pdf&amp;type=research</loc>
<lastmod>2026-01-22T17:55:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=019bbbac-cf88-77ea-9edd-cce2a424f925&amp;pdfUrl=%2Fupload%2F20260114_Credit%2520Bond%2520ETF.pdf&amp;type=research</loc>
<lastmod>2026-01-14T08:56:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2cbb6020-6662-4b7e-81c5-defb97490143&amp;pdfUrl=%2Fupload%2F20251226_LGFV%25202026%2520Outlook.pdf&amp;type=research</loc>
<lastmod>2025-12-26T11:54:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b0cce79e-7252-43fc-b359-174196aa55bc&amp;pdfUrl=%2Fupload%2F20251218_2026_Auto_Outlook%2520%281%29.pdf&amp;type=research</loc>
<lastmod>2025-12-18T16:01:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=49184bef-4681-426e-8b3a-e6cee62631c7&amp;pdfUrl=%2Fupload%2F202512_Banking%2520Outlook_V3_CN.pdf&amp;type=research</loc>
<lastmod>2025-12-12T17:18:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3d992f25-a06b-4f40-8d53-9ff3ec55fb73&amp;pdfUrl=%2Fupload%2F20251211_Commentary_Two%2520REITs%2520new%2520polices.pdf&amp;type=research</loc>
<lastmod>2025-12-11T15:30:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=47af8b40-316c-4f7e-80db-055e4c0eb25f&amp;pdfUrl=%2Fupload%2F20251209_Commentary_PV%2520Industry_R.pdf&amp;type=research</loc>
<lastmod>2025-12-09T15:18:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=57ce9a04-d44f-4e5e-9de3-5a85d2508beb&amp;pdfUrl=%2Fupload%2F20251204_Overseas%2520ABS%2520Market.pdf&amp;type=research</loc>
<lastmod>2025-12-04T18:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4195fc81-ca84-4d03-9099-040f0354d524&amp;pdfUrl=%2Fupload%2F20251201_YanBian%2520Rural%2520T2_Bulletin-IZEW.pdf&amp;type=research</loc>
<lastmod>2025-12-01T15:18:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6cbf2bc7-c27a-4128-a3ad-64b2bf7dbb8d&amp;pdfUrl=%2Fupload%2F20251127-Vanke%2520Bulletin.pdf&amp;type=research</loc>
<lastmod>2025-11-27T13:44:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=096e0031-6db8-4996-a3db-e48520476b19&amp;pdfUrl=%2Fupload%2F20251117_Affordable%2520Housing_r.pdf&amp;type=research</loc>
<lastmod>2025-11-17T19:29:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=9694cc8b-75cc-4f87-b0e9-373002fe9b62&amp;pdfUrl=%2Fupload%2F20251111_Analysis%2520of%2520High-Yield%2520LGFV%2520Bonds.pdf&amp;type=research</loc>
<lastmod>2025-11-11T14:15:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d690bbf5-c1cf-4624-890a-38ea56de3552&amp;pdfUrl=%2Fupload%2F20251107_Pandabonds_CN_r.pdf&amp;type=research</loc>
<lastmod>2025-11-07T14:26:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=31cc11ef-40a3-4cf4-b30f-8c7a84e44cf8&amp;pdfUrl=%2Fupload%2F20251030%2520Stable%2520assets%2520under%2520low-interest-rate%2520environment.pdf&amp;type=research</loc>
<lastmod>2025-10-30T13:54:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8ef62248-cf30-40c7-a6a9-a19567086e5b&amp;pdfUrl=%2Fupload%2F20251029_LGFV%2520Quarterly%2520Report.pdf&amp;type=research</loc>
<lastmod>2025-10-29T20:56:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2eeb0381-20fc-4dc9-bc0e-a02ac5088b6f&amp;pdfUrl=%2Fupload%2F20251027%2520Commentary%2520Breaking%2520the%2520Ceiling%2520A%2520Case%2520Study%2520on%2520Supra-Sovereign%2520Covered%2520Bonds%2520CN%2520clean.pdf&amp;type=research</loc>
<lastmod>2025-10-27T14:27:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ff3ecdf4-6404-4b82-91a1-86b5a690dc21&amp;pdfUrl=%2Fupload%2F20251013-FI_Commentary_202509_Banking_CN.pdf&amp;type=research</loc>
<lastmod>2025-10-13T17:59:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=cb6695d7-8ccf-446a-a050-3a3a10f63b26&amp;pdfUrl=%2Fupload%2F20251009_tianan-pc-subordinate-bond-default.pdf&amp;type=research</loc>
<lastmod>2025-10-09T12:59:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=552d6b50-3ed7-4581-9d24-10b6cae44527&amp;pdfUrl=%2Fupload%2F20250928_steel-industry-stabilization-and-growth_r.pdf&amp;type=research</loc>
<lastmod>2025-09-28T13:01:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7e661637-b68e-4cf5-8c1d-22831072dd5f&amp;pdfUrl=%2Fupload%2F20250925_southbound-bond-connec_r.pdf&amp;type=research</loc>
<lastmod>2025-09-25T18:45:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1536a217-408a-4edc-a84f-5ef3b5b69c88&amp;pdfUrl=%2Fupload%2F20250924_commentary_real-estate-bi-monthly_cn.pdf&amp;type=research</loc>
<lastmod>2025-09-24T13:50:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1440ef8a-ddfb-4ef3-b5aa-a48bc689b03d&amp;pdfUrl=%2Fupload%2F20250918_Commentary_Overseas%2520REITs%2520with%2520China%2520Property.pdf&amp;type=research</loc>
<lastmod>2025-09-18T16:50:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7b5aafe8-ec4d-4bba-afec-393f23765b8d&amp;pdfUrl=%2Fupload%2F20250828_commentary_ppp-new-policy.pdf&amp;type=research</loc>
<lastmod>2025-08-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=fdc0a460-a0d5-4b19-b9ba-4a9faef5509b&amp;pdfUrl=%2Fupload%2F20250821_green-finance-market-v2-clean.pdf&amp;type=research</loc>
<lastmod>2025-08-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=24cbb2b9-3866-4ebb-bc5a-4e0f010b01b5&amp;pdfUrl=%2Fupload%2F20250808_green-finance1_clean.pdf&amp;type=research</loc>
<lastmod>2025-08-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=73c449b4-9fd4-4c84-b3db-00b6b9d09826&amp;pdfUrl=%2Fupload%2F20250807-mid-year-outlook_cn_clean.pdf&amp;type=research</loc>
<lastmod>2025-08-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b26a5962-8097-440d-850b-a45cba5bfd9d&amp;pdfUrl=%2Fupload%2F20250805-punishment-for-hidden-local-government-debt.pdf&amp;type=research</loc>
<lastmod>2025-08-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=75bbf3e9-87b9-435c-8341-8c33a863422a&amp;pdfUrl=%2Fupload%2F20250716_central-urban-work-conference.pdf&amp;type=research</loc>
<lastmod>2025-07-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=70ecb79f-a318-4bd3-8f8d-50e8f9e2af8d&amp;pdfUrl=%2Fupload%2F20250708_364-day-offshore-bonds-bulletin.pdf&amp;type=research</loc>
<lastmod>2025-07-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=8637a50f-3826-4138-8cdf-3b4325cbfd96&amp;pdfUrl=%2Fupload%2F20250704-lgfv-quarterly-review-q2.pdf&amp;type=research</loc>
<lastmod>2025-07-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=9ba3c96a-8a09-4601-b8a6-129d8812c482&amp;pdfUrl=%2Fupload%2F20250703_fi_commentary_202507_retail-banking_cn_.pdf&amp;type=research</loc>
<lastmod>2025-07-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d73ae6f6-2e94-41f8-8ee3-32066b3aeee3&amp;pdfUrl=%2Fupload%2F20250626_commentary_real-estate-monthly_cn.pdf&amp;type=research</loc>
<lastmod>2025-06-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=86ebd46c-b761-4323-b0b8-8b6d16fbbe1f&amp;pdfUrl=%2Fupload%2F20250625_commentary_lgfv-non-standard-financing_clean-1-.pdf&amp;type=research</loc>
<lastmod>2025-06-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=911f4f8f-0e75-4a72-9e72-a2eb856d6d84&amp;pdfUrl=%2Fupload%2F20250624_coal-commentary.pdf&amp;type=research</loc>
<lastmod>2025-06-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=fca63048-2519-4cf5-a3a4-65070e1a0440&amp;pdfUrl=%2Fupload%2F20250619_urban-village-renovation.pdf&amp;type=research</loc>
<lastmod>2025-06-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c5f97248-9485-4266-9f34-bdb1456821e2&amp;pdfUrl=%2Fupload%2F20250609_multi-tiered-reits-market.pdf&amp;type=research</loc>
<lastmod>2025-06-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4086aa46-f62c-4ddb-8bb7-47e6c103d752&amp;pdfUrl=%2Fupload%2F20250528_poe-commentary_r.pdf&amp;type=research</loc>
<lastmod>2025-05-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2d7bb645-5d9e-439a-967b-1ce6e7c3aafc&amp;pdfUrl=%2Fupload%2F20250521_commentary_real-estate-monthly_cn_clean.pdf&amp;type=research</loc>
<lastmod>2025-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=04972df6-529a-4aef-8cf2-96016a9cddc3&amp;pdfUrl=%2Fupload%2F20250519_hunan-debt-resolution.pdf&amp;type=research</loc>
<lastmod>2025-05-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1ccd049d-6d33-4137-94bf-a273e45e0abe&amp;pdfUrl=%2Fupload%2F20250514-lgfv-offshore-bonds.pdf&amp;type=research</loc>
<lastmod>2025-05-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6885971f-1d8e-4ad8-867f-1b126c9a30ee&amp;pdfUrl=%2Fupload%2F20250424_commentary_real-estate-monthly_cn.pdf&amp;type=research</loc>
<lastmod>2025-04-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=8e4a818a-d533-43e0-8334-da1114461479&amp;pdfUrl=%2Fupload%2F20250418_commentary_us-china-tariffs_cn.pdf&amp;type=research</loc>
<lastmod>2025-04-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=aa725225-2507-4a12-b9b0-dd8698041f18&amp;pdfUrl=%2Fupload%2F20250411_commentary_reform-of-rural-banks.pdf&amp;type=research</loc>
<lastmod>2025-04-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=16d53814-d631-4080-9970-d9f8330c187c&amp;pdfUrl=%2Fupload%2F20250410_commentary_global-structured-finance-default-risk-analysis_cn-.pdf&amp;type=research</loc>
<lastmod>2025-04-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=33ab3cf8-213f-4e7d-aea7-78db8a836549&amp;pdfUrl=%2Fupload%2F20250402-shanghai-shenzhen-exchange-new-policy.pdf&amp;type=research</loc>
<lastmod>2025-04-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=5b26e928-b8c7-4450-99dd-32bb2e5ca3c1&amp;pdfUrl=%2Fupload%2F20250328_lgfv-quarterly-review.pdf&amp;type=research</loc>
<lastmod>2025-03-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=cb79e3c6-4481-42b0-abed-d078b9f60ef7&amp;pdfUrl=%2Fupload%2F20250324_commentary_real-estate-monthly_cn.pdf&amp;type=research</loc>
<lastmod>2025-03-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=23df985a-49ff-4212-8702-06334744b5d5&amp;pdfUrl=%2Fupload%2F20250318_-land-reserve-policy-commentary.pdf&amp;type=research</loc>
<lastmod>2025-03-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6dbf5c7d-13ee-449a-8a7a-de46c81bca3b&amp;pdfUrl=%2Fupload%2F20250313_commentary_china-wind-turbine-industry-challenge_cn_clean.pdf&amp;type=research</loc>
<lastmod>2025-03-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a5d82ed4-5079-448b-8cc1-8826a3eec09a&amp;pdfUrl=%2Fupload%2F20250312_china-s-fiscal-policy2025.pdf&amp;type=research</loc>
<lastmod>2025-03-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3756aefc-e248-49a8-a7ed-59824e0e005a&amp;pdfUrl=%2Fupload%2F20250311_npc-cppcc-banking-policy.pdf&amp;type=research</loc>
<lastmod>2025-03-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4185dd9f-68e0-4efd-8ed0-8053e3c47e11&amp;pdfUrl=%2Fupload%2F20250311-npc-cppcc-lgfv-policy.pdf&amp;type=research</loc>
<lastmod>2025-03-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d505accd-7d33-4fa4-8f9d-07f89e0e8d1b&amp;pdfUrl=%2Fupload%2F20250310-npc-cppcc-property-policy.pdf&amp;type=research</loc>
<lastmod>2025-03-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=c8d4938f-2659-40de-8ab7-c81b0494ae55&amp;pdfUrl=%2Fupload%2F20250310_npccppcc-consumption-policy.pdf&amp;type=research</loc>
<lastmod>2025-03-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=390af5f6-10b1-4cc9-b7ce-7514168e5b24&amp;pdfUrl=%2Fupload%2F20250306_consumer_overview__outlook_2025_cn_.pdf&amp;type=research</loc>
<lastmod>2025-03-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=699e8e32-0fd9-43f6-909d-7b7edfccc46e&amp;pdfUrl=%2Fupload%2F20250303_aic-commentary.pdf&amp;type=research</loc>
<lastmod>2025-03-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d36964aa-03a0-4d1c-b56c-a1dc34078d66&amp;pdfUrl=%2Fupload%2F20250228_npl_overview__outlook_2025_cn.pdf&amp;type=research</loc>
<lastmod>2025-02-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=919fce69-370f-4bf5-91e6-c931f83abad4&amp;pdfUrl=%2Fupload%2F20250224_renewable-energy-power-policy-commentary_r.pdf&amp;type=research</loc>
<lastmod>2025-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=38f6b8e6-9022-426b-ae56-51a4db5ffce4&amp;pdfUrl=%2Fupload%2F20250221_auto_overview__outlook_2025_ppt_cn1.pdf&amp;type=research</loc>
<lastmod>2025-02-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1bbd50a3-bd75-4084-920c-f8237ef99fee&amp;pdfUrl=%2Fupload%2F20250218_commentary_us-tariff_cn.pdf&amp;type=research</loc>
<lastmod>2025-02-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=5e984812-180e-4349-b339-9167918adb58&amp;pdfUrl=%2Fupload%2F20250217_commentary_deepseek-impact_cn.pdf&amp;type=research</loc>
<lastmod>2025-02-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=022037ea-f64d-4215-8d71-7107248030cb&amp;pdfUrl=%2Fupload%2F20250213_slides_rmbs-overview-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2025-02-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=47ddf532-6bf3-46f6-b4e2-596bf2efd597&amp;pdfUrl=%2Fupload%2F20250212_commentary_vanke-management-changes_cn1.pdf&amp;type=research</loc>
<lastmod>2025-02-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2054d618-a620-4e46-912a-973c3a850a00&amp;pdfUrl=%2Fupload%2F20250210_commentary_captive-finance-company_cn.pdf&amp;type=research</loc>
<lastmod>2025-02-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=873efe06-7db4-49d5-8081-2ff36c9f1aca&amp;pdfUrl=%2Fupload%2F20250122_commentary_real-estate-monthly_cn.pdf&amp;type=research</loc>
<lastmod>2025-01-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=23735f2f-a52b-4c45-9928-ed16a1b84e11&amp;pdfUrl=%2Fupload%2F20250121_commentary_credit-faq-on-broker-hybrid-bonds_cn.pdf&amp;type=research</loc>
<lastmod>2025-01-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=34f6bf6e-e80c-408c-bdd6-16868ce856c2&amp;pdfUrl=%2Fupload%2F20250113_commentary_insurer-credit-assessment-criteria_cn.pdf&amp;type=research</loc>
<lastmod>2025-01-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=409d8264-5a83-4a62-9991-d7eaf2607e26&amp;pdfUrl=%2Fupload%2F20250102_commentary_ppp-new-policy.pdf&amp;type=research</loc>
<lastmod>2025-01-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=3a9d7dee-a05f-4f8d-ab4c-d09486920c79&amp;pdfUrl=%2Fupload%2F20241224_commentary_real-estate-monthly_cn.pdf&amp;type=research</loc>
<lastmod>2024-12-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=9973b4e4-3011-41f5-aa43-508b18e9b496&amp;pdfUrl=%2Fupload%2F20241204_commentary_property-outlook-2025_cn.pdf&amp;type=research</loc>
<lastmod>2024-12-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e2948155-43fc-4881-b116-fe50632e8dfe&amp;pdfUrl=%2Fupload%2F20241202_commentary_lgfv-outlook-2025_cn.pdf&amp;type=research</loc>
<lastmod>2024-12-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7fc9fb3e-f869-4e1c-b728-dd3ce02ac1f9&amp;pdfUrl=%2Fupload%2F20241129_2025-outlook_cn1.pdf&amp;type=research</loc>
<lastmod>2024-11-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7c42a737-137f-4864-90d9-d77465a8662c&amp;pdfUrl=%2Fupload%2F20241127_slides_lgfv-quarterly-4q24_cn.pdf&amp;type=research</loc>
<lastmod>2024-11-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=2273be6f-0a98-4efc-a66a-850cb4d69f94&amp;pdfUrl=%2Fupload%2F20241122_commentary_prepayment-faq-1_cn-eCiV.pdf&amp;type=research</loc>
<lastmod>2024-11-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=0a585919-17cb-4256-bf21-ea1670f98890&amp;pdfUrl=%2Fupload%2F20241119_commentary_aluminum-industry-research_cn1.pdf&amp;type=research</loc>
<lastmod>2024-11-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6c968378-22c0-4dfc-a2b0-5dc849b40f5e&amp;pdfUrl=%2Fupload%2F20241111_commentary_latest-fiscal-policy_cn.pdf&amp;type=research</loc>
<lastmod>2024-11-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f83284d2-2920-46b2-a092-c003d93bd552&amp;pdfUrl=%2Fupload%2F20241030_slides_new-energy-equipment-manufacturer_cn.pdf&amp;type=research</loc>
<lastmod>2024-10-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4ba82d3d-46c1-4f83-b23f-b942b82a0d24&amp;pdfUrl=%2Fupload%2F20241029_commentary_sino-us-e-commerce-platforms_cn.pdf&amp;type=research</loc>
<lastmod>2024-10-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=5c68858f-6d24-4e90-94a0-a932b07864d1&amp;pdfUrl=%2Fupload%2F20241024_commentary_convertible-bond-research_cn1.pdf&amp;type=research</loc>
<lastmod>2024-10-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=ea73b818-42f8-42bc-98fa-9b77e2ed88d0&amp;pdfUrl=%2Fupload%2F20241022_-commentary_comments-on-rate-cut_cn.pdf&amp;type=research</loc>
<lastmod>2024-10-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ffe8b129-4143-4b78-89a9-46fc71d3d0d0&amp;pdfUrl=%2Fupload%2F20241021_commentary_new-bond-issuer_cn.pdf&amp;type=research</loc>
<lastmod>2024-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a6690275-e581-4cf5-b2f9-00d1bd933827&amp;pdfUrl=%2Fupload%2F20241018_commentary_insurance-hybrid-bonds-faq_cn.pdf&amp;type=research</loc>
<lastmod>2024-10-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ce3604a3-d2c7-4435-9e76-0b8b69a7577a&amp;pdfUrl=%2Fupload%2F20241018_commentary_sme-abs-faq2_cn.pdf&amp;type=research</loc>
<lastmod>2024-10-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=fa77f1f6-bc0c-41c9-911d-9c982b39b988&amp;pdfUrl=%2Fupload%2F20241017_commentary_real-estate-new-policy_cn.pdf&amp;type=research</loc>
<lastmod>2024-10-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1ebbeda1-302b-4035-b8a6-9913f1771a89&amp;pdfUrl=%2Fupload%2F20241016_commentary_water-enterprises-credit-quality-analysis_cn.pdf&amp;type=research</loc>
<lastmod>2024-10-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=cda28c38-d0fc-4eb6-86cc-db970f8e87d1&amp;pdfUrl=%2Fupload%2F20241012_commentary_latest-fiscal-policy.pdf&amp;type=research</loc>
<lastmod>2024-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=47f25088-fddb-464d-976b-79634486be4c&amp;pdfUrl=%2Fupload%2F20241011_commentary_faq-sme-abs.pdf&amp;type=research</loc>
<lastmod>2024-10-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d2d35f41-a3d6-4ed1-8e46-b5263dc61ed7&amp;pdfUrl=%2Fupload%2F20241009_commentary_insurance-sector-guidance.pdf&amp;type=research</loc>
<lastmod>2024-10-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4806ea29-aa47-4999-8441-a5ff6018d47b&amp;pdfUrl=%2Fupload%2F20241008_commentary_new-policies-impact-on-banks_cn.pdf&amp;type=research</loc>
<lastmod>2024-10-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=225b9088-009e-4540-b802-4d774dd0fff6&amp;pdfUrl=%2Fupload%2F20240925_commentary_latest-mortgage-policy_cn.pdf&amp;type=research</loc>
<lastmod>2024-09-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1dc7725f-531a-4c9b-a4c6-05bab87d66ec&amp;pdfUrl=%2Fupload%2F20240924_commentary_real-estate-monthly_cn.pdf&amp;type=research</loc>
<lastmod>2024-09-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=12d105d3-a8a3-4151-9fef-2c4fc6825355&amp;pdfUrl=%2Fupload%2F20240923_commentary_hog-farmers-liquidity_cn.pdf&amp;type=research</loc>
<lastmod>2024-09-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b8af5cb1-f114-46df-90a1-ee28099d2ea7&amp;pdfUrl=%2Fupload%2F20240919_commentary_green-bonds_cn.pdf&amp;type=research</loc>
<lastmod>2024-09-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6678d573-5bba-46b7-8af1-61ff2a477071&amp;pdfUrl=%2Fupload%2F20240919_commentary_commercial-banking-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2024-09-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c199cf5b-d018-4ba0-9c96-92d09e919369&amp;pdfUrl=%2Fupload%2F20240926_commentary_credit-faq-on-fi-hybrid-bonds_cn.pdf&amp;type=research</loc>
<lastmod>2024-09-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=050354e3-566d-4ce0-a18a-4a6d036f0aae&amp;pdfUrl=%2Fupload%2F20240914_commentary_broker-outlook-for-the-second-half-of-2024_cn1.pdf&amp;type=research</loc>
<lastmod>2024-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1dcf7253-4e55-4b7c-b904-c73dedb9330b&amp;pdfUrl=%2Fupload%2F20240913_commentary_bank-exposure-to-lgfv_cn1.pdf&amp;type=research</loc>
<lastmod>2024-09-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=5d6280ec-2542-4233-9865-7d4a89debcfc&amp;pdfUrl=%2Fupload%2F20240912_commentary_new-regulations-on-local-financial-institutions_cn1.pdf&amp;type=research</loc>
<lastmod>2024-09-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=55489671-6bc6-4740-b3af-e8949771267d&amp;pdfUrl=%2Fupload%2F20240911_commentary_affordable-housing_cn1.pdf&amp;type=research</loc>
<lastmod>2024-09-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=52ad6125-266a-4e5d-95c1-7f66550b2ed9&amp;pdfUrl=%2Fupload%2F20240909_commentary_copper-industry_cn-v2.pdf&amp;type=research</loc>
<lastmod>2024-09-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=bef12326-4fe3-4b24-b6b2-da2518b47653&amp;pdfUrl=%2Fupload%2F20240822_commentary_lingnan-convertible-bonds-default_cn.pdf&amp;type=research</loc>
<lastmod>2024-08-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=789aa42f-aa52-4003-9f1a-852c9441c9a0&amp;pdfUrl=%2Fupload%2F20240822_commentary_real-estate-monthly_cn.pdf&amp;type=research</loc>
<lastmod>2024-08-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=fec36400-f55e-411f-9f8b-023fb63ecd6b&amp;pdfUrl=%2Fupload%2F20240821_commentary_auto-manufacutring-capacity_cn.pdf&amp;type=research</loc>
<lastmod>2024-08-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=15031f4f-b430-42f1-86d7-8066fddf692f&amp;pdfUrl=%2Fupload%2F20240820_commentary_bond-market-1h24-review-and-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2024-08-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d2f34944-3fea-4c21-a433-4912122f921d&amp;pdfUrl=%2Fupload%2F20240816_slides_lgfv-quarterly-review_cn1.pdf&amp;type=research</loc>
<lastmod>2024-08-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=5417147e-7e0d-4011-a18a-f0c88e3c66e8&amp;pdfUrl=%2Fupload%2F20240815_commentary_guizhou-debt-replacement_cn.pdf&amp;type=research</loc>
<lastmod>2024-08-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=429183d5-617c-45b1-8571-79c3a6848d37&amp;pdfUrl=%2Fupload%2F20240806_commentary_lgfv-non-standard-financing_cn.pdf&amp;type=research</loc>
<lastmod>2024-08-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7df1aeb4-d022-4a4e-bde7-1653949fda89&amp;pdfUrl=%2Fupload%2F20240731_slides_chip-companies_cn.pdf&amp;type=research</loc>
<lastmod>2024-07-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d8f53d6d-f0f4-4645-b9da-4988a23ec5c2&amp;pdfUrl=%2Fupload%2F20240729_commentary_impact-of-301-tariff-updates_cn.pdf&amp;type=research</loc>
<lastmod>2024-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=c2aca33d-e8a6-4ac6-8ebc-624e17a2eb6f&amp;pdfUrl=%2Fupload%2F20240726_commentary_fiscal-and-tax-reform_cn.pdf&amp;type=research</loc>
<lastmod>2024-07-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=69290f76-c2c1-4fe5-a32f-ec0012f89115&amp;pdfUrl=%2Fupload%2F20240725_slides_research-on-retail-abs_cn1.pdf&amp;type=research</loc>
<lastmod>2024-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2dd34017-48d4-415d-a454-d793cc7d979f&amp;pdfUrl=%2Fupload%2F20240724_commentary_transportation-infrastructure_cn.pdf&amp;type=research</loc>
<lastmod>2024-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b2ef375a-29c4-4154-9a67-606fcca0a510&amp;pdfUrl=%2Fupload%2F20240723_slides_financial-leasing-credit-research-_cn-new-criteria-_cn_v1.pdf&amp;type=research</loc>
<lastmod>2024-07-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e389a626-9f0f-4c02-b553-6dedb9d37553&amp;pdfUrl=%2Fupload%2F20240719_commentary_real-estate-monthly_cn.pdf&amp;type=research</loc>
<lastmod>2024-07-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b4c6c33c-b08b-40e4-a444-edf71a42776b&amp;pdfUrl=%2Fupload%2F20240710_commentary_shandong-finance-union_cn-cNOL.pdf&amp;type=research</loc>
<lastmod>2024-07-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d25e6435-00b4-47bc-9875-b9750888fb22&amp;pdfUrl=%2Fupload%2F20240708_2024-mid-year-outlook_cn1.pdf&amp;type=research</loc>
<lastmod>2024-07-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=dda3dbb4-5318-48da-bdfa-07a83ee1a04d&amp;pdfUrl=%2Fupload%2F20240704_commentary_power-generating-trend_cn.pdf&amp;type=research</loc>
<lastmod>2024-07-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6b933717-959b-48c0-b9fd-463f5ee1bb8c&amp;pdfUrl=%2Fupload%2F20240702_commentary_engineering-machinery-enterprises_cn.pdf&amp;type=research</loc>
<lastmod>2024-07-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1a04df59-cd81-45f6-8aa2-572a89ba6241&amp;pdfUrl=%2Fupload%2F20240701_commentary_comparison-analysis-chemicals_cn.pdf&amp;type=research</loc>
<lastmod>2024-07-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=714a9cc8-d9bf-431f-9cfe-420b4b0818f6&amp;pdfUrl=%2Fupload%2F20240626_commentary_auto-tariff-stress-test_cn1.pdf&amp;type=research</loc>
<lastmod>2024-06-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3d6a74de-295e-47c1-bfed-5a1fa0d5b117&amp;pdfUrl=%2Fupload%2F20240624_slides_bank-capital_cn1.pdf&amp;type=research</loc>
<lastmod>2024-06-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=018d5abe-a042-439d-a43e-667fde01160e&amp;pdfUrl=%2Fupload%2F20240620_commentary_commercial-housing-sales-expectation_cn.pdf&amp;type=research</loc>
<lastmod>2024-06-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=61ccc670-a462-488e-bd2f-79e291b45045&amp;pdfUrl=%2Fupload%2F20240617_commentary_chinese-and-foreign-leading-companies-comparison-engineering-machinery_cn.pdf&amp;type=research</loc>
<lastmod>2024-06-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6cca135e-6ba4-4f59-8ec4-10f2a9ba1e29&amp;pdfUrl=%2Fupload%2F20240613_slides_consumer-finance-company-research_cn.pdf&amp;type=research</loc>
<lastmod>2024-06-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=5e18db85-5e44-4fbf-a566-401ea591e1b5&amp;pdfUrl=%2Fupload%2F20240612_commentary_high-yield-entities_cn.pdf&amp;type=research</loc>
<lastmod>2024-06-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=9b5218d6-f007-40f7-8740-7638b6ee6612&amp;pdfUrl=%2Fupload%2F20240605_commentary_private-enterprise-bonds_cn.pdf&amp;type=research</loc>
<lastmod>2024-06-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9c0fc8a6-ea8a-460f-a187-88f73793acc3&amp;pdfUrl=%2Fupload%2F20240604_commentary_lgfv-research_cn.pdf&amp;type=research</loc>
<lastmod>2024-06-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=eb83a7ba-f5c0-4bab-82a9-111dce7e9009&amp;pdfUrl=%2Fupload%2F20240603_commentary_ihc-research_cn.pdf&amp;type=research</loc>
<lastmod>2024-06-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7554ff09-20ec-4e9f-a40c-b1c19d93f2f5&amp;pdfUrl=%2Fupload%2F20240531_commentary_steel-industry-to-survive_cn.pdf&amp;type=research</loc>
<lastmod>2024-05-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=323173b5-12e1-4c3e-b07e-6b62fa397729&amp;pdfUrl=%2Fupload%2F20240527_slides_lgfv-quartely-review_cn.pdf&amp;type=research</loc>
<lastmod>2024-05-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=f9cb6473-325f-42e6-9fd5-767e0f7cf296&amp;pdfUrl=%2Fupload%2F20240523_commentary_lgfv-financial-statement-analysis_cn.pdf&amp;type=research</loc>
<lastmod>2024-05-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=dd5f4f83-5322-41bd-916a-08e934779495&amp;pdfUrl=%2Fupload%2F20240522_slides_bank-nim_cn_update.pdf&amp;type=research</loc>
<lastmod>2024-05-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=bf4ce4b0-c800-4e7b-a2ca-14704e5741d7&amp;pdfUrl=%2Fupload%2F20240521_commentary_real-estate-monthly_cn.pdf&amp;type=research</loc>
<lastmod>2024-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=14d5151e-d8bb-42fb-a432-e3f55645d3bb&amp;pdfUrl=%2Fupload%2F20240520_commentary-_amc-credit-research_cn.pdf&amp;type=research</loc>
<lastmod>2024-05-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e46eac9f-2626-49e6-a2eb-11a990962329&amp;pdfUrl=%2Fupload%2F20240517_commentary_new-housing-policies_cn.pdf&amp;type=research</loc>
<lastmod>2024-05-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=40b659a1-50ac-491f-b280-34df0602c064&amp;pdfUrl=%2Fupload%2F20240516_commentary_auto-oem-forecast_cn.pdf&amp;type=research</loc>
<lastmod>2024-05-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=481f6f71-73f6-4922-94d3-3161231fde6a&amp;pdfUrl=%2Fupload%2F20240514_commentary_tlac-non-capital-bond_cn.pdf&amp;type=research</loc>
<lastmod>2024-05-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=f7567921-f304-4134-b6f2-edb1bc5ebb98&amp;pdfUrl=%2Fupload%2F20240514_commentary_house-trade-ins_cn.pdf&amp;type=research</loc>
<lastmod>2024-05-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=fec499f3-a249-4d04-909f-f490ea6f67a2&amp;pdfUrl=%2Fupload%2F20240510_slides_amc-credit-research-new-criteria-_cn.pdf&amp;type=research</loc>
<lastmod>2024-05-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ba8a9a70-ff58-4f63-bdd2-d1d1dd316a2b&amp;pdfUrl=%2Fupload%2F20240506_slides_covered-bond_cn.pdf&amp;type=research</loc>
<lastmod>2024-05-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d734ae1b-34cc-49bd-8cdc-fd9ab2773fb4&amp;pdfUrl=%2Fupload%2F20240430_commentary_impact-of-auto-trade-in-policy_cn1.pdf&amp;type=research</loc>
<lastmod>2024-04-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5363415c-cced-4949-97a7-52f22bbcf58f&amp;pdfUrl=%2Fupload%2F20240429_commentary_vanke-liquidity_cn.pdf&amp;type=research</loc>
<lastmod>2024-04-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7bed10a9-4ebb-4f04-b0e3-f82c89dad097&amp;pdfUrl=%2Fupload%2F20240422_slides_china-reits-analysis_cn.pdf&amp;type=research</loc>
<lastmod>2024-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ac23568a-01ca-490d-9a4f-7c7e5f4298a5&amp;pdfUrl=%2Fupload%2F20240422_slides_auto-finance-credit-research_cn.pdf&amp;type=research</loc>
<lastmod>2024-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d223cd67-59a0-448c-b0b9-ad80b6e77d17&amp;pdfUrl=%2Fupload%2F20240418_commentary_real-estate-monthly_cn.pdf&amp;type=research</loc>
<lastmod>2024-04-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=ec7c673a-c76f-4bf3-a7fe-31b95039d313&amp;pdfUrl=%2Fupload%2F20240415_commentary_construction-machinery-manufacturers-financial-profile_cn.pdf&amp;type=research</loc>
<lastmod>2024-04-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c76f547d-61ec-42e9-84a5-01e05563ee60&amp;pdfUrl=%2Fupload%2F20240410_slides_financial-guarantor-credit-research_cn.pdf&amp;type=research</loc>
<lastmod>2024-04-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a347a3de-93b0-4c4c-ad58-bf3c8a60a6df&amp;pdfUrl=%2Fupload%2F20240402_commentary_devlopers-under-stress-tesing_cn_updated.pdf&amp;type=research</loc>
<lastmod>2024-04-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5a1780e6-5d25-4b68-a313-d5a52be82a39&amp;pdfUrl=%2Fupload%2F20240328_slides_chinese-banks-credit-research_cn.pdf&amp;type=research</loc>
<lastmod>2024-03-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=71c1707e-6ebc-4b91-a455-bbb2d2be7228&amp;pdfUrl=%2Fupload%2F20240326_commentary_lgfv_cn.pdf&amp;type=research</loc>
<lastmod>2024-03-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e3d97040-9c73-42ed-908b-e61198fcec9f&amp;pdfUrl=%2Fupload%2F20240322_slides_foreign-banks-credit-research_cn.pdf&amp;type=research</loc>
<lastmod>2024-03-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=f367fecd-8d31-4aee-8994-d699b35356c1&amp;pdfUrl=%2Fupload%2F20240321_commentary_lgfv-bond-issuance_cn.pdf&amp;type=research</loc>
<lastmod>2024-03-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e8e45dc8-7340-419e-a94f-4301b7a5392d&amp;pdfUrl=%2Fupload%2F20240320_commentary_real-estate-monthly_cn.pdf&amp;type=research</loc>
<lastmod>2024-03-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=87f6749a-0923-41a8-9a87-2c971ed6821a&amp;pdfUrl=%2Fupload%2F20240319_slides_broker-credit-research_cn.pdf&amp;type=research</loc>
<lastmod>2024-03-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=2c0c0a92-8b90-4bb0-b5df-d10012c37c25&amp;pdfUrl=%2Fupload%2F20240312_slides_lgfv-review_cn.pdf&amp;type=research</loc>
<lastmod>2024-03-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d62fad84-b095-4840-80ed-4f6972c39460&amp;pdfUrl=%2Fupload%2F20240306_slides_consumer_overview__outlook_2024_cn.pdf&amp;type=research</loc>
<lastmod>2024-03-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1965f67f-8a4f-4420-9397-ffa43a6d7181&amp;pdfUrl=%2Fupload%2F20240305_commentary_port-industry_briefing_cn.pdf&amp;type=research</loc>
<lastmod>2024-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=fd50aed4-91c5-4ebf-9425-c9979c1c3633&amp;pdfUrl=%2Fupload%2F20240223_slides_npl_overview-outlook_2024_cn.pdf&amp;type=research</loc>
<lastmod>2024-02-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9c2410c3-31e2-4e33-95e6-66c2ba70ab23&amp;pdfUrl=%2Fupload%2F20240222_slides_commercial-leasing-credit-research-_cn.pdf&amp;type=research</loc>
<lastmod>2024-02-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b13ea47c-9834-46f3-8ed4-e25511d29165&amp;pdfUrl=%2Fupload%2F20240219_tlac-.pdf&amp;type=research</loc>
<lastmod>2024-02-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=64aba112-0757-4c35-906e-9554e060908c&amp;pdfUrl=%2Fupload%2F20240206_commentary_real-estate-developer-research_cn.pdf&amp;type=research</loc>
<lastmod>2024-02-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e543ecd8-33d4-4ddf-9553-ffd00f514945&amp;pdfUrl=%2Fupload%2F20240130_slides_auto_overview__outlook_2024_ppt_cn.pdf&amp;type=research</loc>
<lastmod>2024-01-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=300d970d-1b4e-408a-9aed-f3e4ad85877d&amp;pdfUrl=%2Fupload%2F20240130_slides_rmbs_overview__outlook_2024_ppt_cn-DUpR.pdf&amp;type=research</loc>
<lastmod>2024-01-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=3ce88913-35d4-4e0d-8cbd-0e0c6debebff&amp;pdfUrl=%2Fupload%2F20240119_commentary_retail-bad-debts_cn-.pdf&amp;type=research</loc>
<lastmod>2024-01-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=85f42914-5362-4cad-bc97-794a27f4e6d9&amp;pdfUrl=%2Fupload%2F20240119_commentary_real-estate-monthly_cn.pdf&amp;type=research</loc>
<lastmod>2024-01-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7d9cb7a8-b637-4725-bdee-492dfd8ce7e3&amp;pdfUrl=%2Fupload%2F20240118_commentary_small-bank-capital-renew_cn.pdf&amp;type=research</loc>
<lastmod>2024-01-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=da17b998-ca43-4138-a6b1-d26bea9ae664&amp;pdfUrl=%2Fupload%2F20240117_commentary_power-generation-ranking-research_cn.pdf&amp;type=research</loc>
<lastmod>2024-01-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e736d32c-d7cb-4f79-8f69-b13a6a3985fb&amp;pdfUrl=%2Fupload%2F20240110_commentary_ec-sector_2023_cn.pdf&amp;type=research</loc>
<lastmod>2024-01-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=21e161c0-dcab-43fe-9188-d0f1d027a66f&amp;pdfUrl=%2Fupload%2F20231229_-commentary_green-abs-faq_cn_update.pdf&amp;type=research</loc>
<lastmod>2023-12-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=aa8e19ed-1240-46aa-9640-d7e04d68ced5&amp;pdfUrl=%2Fupload%2F20231227_commentary_real-estate-monthly-roundup_cn.pdf&amp;type=research</loc>
<lastmod>2023-12-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e7a1f64a-1f43-49b1-9dcc-10f97f078099&amp;pdfUrl=%2Fupload%2F20231226_commentary_key-fi-risk-in-2024_cn_update.pdf&amp;type=research</loc>
<lastmod>2023-12-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=197b5c69-1777-46a3-889c-5df94bc058d0&amp;pdfUrl=%2Fupload%2F20231130_commentary_lgfv-outlook-2024_cn.pdf&amp;type=research</loc>
<lastmod>2023-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=347ae565-74aa-4da7-9638-345f40ce23b8&amp;pdfUrl=%2Fupload%2F20231124_property-2024-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2023-11-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d862c36b-863a-4db9-9097-319f72d49253&amp;pdfUrl=%2Fupload%2F20231124_2024-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2023-11-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1a49cf3c-11a5-421f-80e6-7fc73b350a20&amp;pdfUrl=%2Fupload%2F20231117_commentary_china-s-new-capital-rules_cn.pdf&amp;type=research</loc>
<lastmod>2023-11-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=75944151-cce4-4d44-8ace-706bed784ed3&amp;pdfUrl=%2Fupload%2F20231116_slides_quarterly-lgfv-review_cn.pdf&amp;type=research</loc>
<lastmod>2023-11-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=8aed1c5a-1828-4b09-91b0-3529875ebd73&amp;pdfUrl=%2Fupload%2F20231114_commentary_faq-green-abs-deep-dive-episode-2_cn.pdf&amp;type=research</loc>
<lastmod>2023-11-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d936c148-44b6-455c-9b75-e3a146b20de6&amp;pdfUrl=%2Fupload%2F20231026_commentary_real-estate-monthly-roundup_cn.pdf&amp;type=research</loc>
<lastmod>2023-10-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4f4b2211-e1c1-4785-a570-6a157072e706&amp;pdfUrl=%2Fupload%2F20231017_commentary_steel-industry_cn.pdf&amp;type=research</loc>
<lastmod>2023-10-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=20aba0aa-c489-44ef-b2fd-3a5116f487a3&amp;pdfUrl=%2Fupload%2F20231013_commentary_faq-green-abs-deep-dive-episode-1_cn.pdf&amp;type=research</loc>
<lastmod>2023-10-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3ccc224e-6a40-4ea8-a90c-0a3704ab6e36&amp;pdfUrl=%2Fupload%2F20231013_slides_bank-mim_cn.pdf&amp;type=research</loc>
<lastmod>2023-10-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=646ebbe0-1190-4019-8df3-dc0e5ae3c488&amp;pdfUrl=%2Fupload%2F20231013_slides_chinese-bank-credit-profile_cn.pdf&amp;type=research</loc>
<lastmod>2023-10-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8b0bffaf-8745-4a46-868c-448c75e95e4e&amp;pdfUrl=%2Fupload%2F20231013_slides_retail-banking_cn2.pdf&amp;type=research</loc>
<lastmod>2023-10-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a2e0b456-f401-4569-a8df-af266d1fa12f&amp;pdfUrl=%2Fupload%2F20230927_commentary_real-estate-monthly-roundup_cn.pdf&amp;type=research</loc>
<lastmod>2023-09-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4fc4679b-52d3-4403-97dd-b82b822670d7&amp;pdfUrl=%2Fupload%2F20230926_slides_financial-leasing-_cn-updated.pdf&amp;type=research</loc>
<lastmod>2023-09-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=973770d7-04fc-4861-9ea8-4a5625fc36da&amp;pdfUrl=%2Fupload%2F20230920_slides_broker-credit-distribution_cn.pdf&amp;type=research</loc>
<lastmod>2023-09-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=1542a687-781f-44f9-a06c-b93bab55c379&amp;pdfUrl=%2Fupload%2F20230915_slides_bank-accrued-interest-research_cn.pdf&amp;type=research</loc>
<lastmod>2023-09-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e896305c-e1c9-4c1e-9c98-8f7b4a1a70d0&amp;pdfUrl=%2Fupload%2F20230915_slides_foreign-banks-study_cn.pdf&amp;type=research</loc>
<lastmod>2023-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=8df256cb-25f1-4820-a10e-026df4804507&amp;pdfUrl=%2Fupload%2F20230912_commentary_airport-industry_cn.pdf&amp;type=research</loc>
<lastmod>2023-09-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=efb92d0a-87de-46f3-b420-80a9bde38085&amp;pdfUrl=%2Fupload%2F20230907_commentary_highway-industry-credit-research_cn.pdf&amp;type=research</loc>
<lastmod>2023-09-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=3b76c2a1-7c84-41ff-8085-27589136d708&amp;pdfUrl=%2Fupload%2F20230904_commentary_impact-of-lowering-the-existing-mortgage-rates-on-rmbs-faq_cn.pdf&amp;type=research</loc>
<lastmod>2023-09-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=98945509-c9ca-43ff-8d29-0b6ae6f5cce2&amp;pdfUrl=%2Fupload%2F20230824_slides_financial-holding-company-research_cn-v1.pdf&amp;type=research</loc>
<lastmod>2023-08-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=82fefe8b-c1bc-4129-910e-afa02da8e68a&amp;pdfUrl=%2Fupload%2F20230824_commentary_urban-rail-transit-credit-analysis_cn.pdf&amp;type=research</loc>
<lastmod>2023-08-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=793e3202-9fc5-43e2-a69a-87bc39ec3a2e&amp;pdfUrl=%2Fupload%2F20230817_commentary_real-estate-monthly-roundup_cn.pdf&amp;type=research</loc>
<lastmod>2023-08-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b56f7b81-d0ac-416e-9628-45243999d510&amp;pdfUrl=%2Fupload%2F20230816_slides_quarterly-lgfv-review_cn.pdf&amp;type=research</loc>
<lastmod>2023-08-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=2967ca52-7e2e-4314-b377-96415ed87043&amp;pdfUrl=%2Fupload%2F20230807_slides_consumer-abs-overview-and-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2023-08-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a908918d-0024-4715-9464-108a1a2944c3&amp;pdfUrl=%2Fupload%2F20230801_commentary_impact-of-falling-house-price-on-rmbs_cn.pdf&amp;type=research</loc>
<lastmod>2023-08-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=239d80a7-ec61-425f-99f8-ae7f3970df2f&amp;pdfUrl=%2Fupload%2F20230728_slides_mid-year-banking-outlook_cn_updated.pdf&amp;type=research</loc>
<lastmod>2023-07-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=fa02f083-73d7-45c3-9b5a-69838b04d116&amp;pdfUrl=%2Fupload%2F20230728_bulletin_lgfv-qa_cn.pdf&amp;type=research</loc>
<lastmod>2023-07-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2152cadd-c6cc-41e5-aacf-8125e1c1d3a0&amp;pdfUrl=%2Fupload%2F20230727_2023-mid-year-outlook_cn3.pdf&amp;type=research</loc>
<lastmod>2023-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4333a7bb-f434-4554-a142-2c86ae913234&amp;pdfUrl=%2Fupload%2F20230727_slides_auto-finance-credit-quality_cn.pdf&amp;type=research</loc>
<lastmod>2023-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a458677c-9778-4c07-96da-e9777f1720a4&amp;pdfUrl=%2Fupload%2F20230720_commentary_real-estate-monthly-roundup_cn.pdf&amp;type=research</loc>
<lastmod>2023-07-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e15179ea-fc8e-4817-9bef-89f44096a0a3&amp;pdfUrl=%2Fupload%2F20230704_commentary_real-estate-monthly-roundup_cn.pdf&amp;type=research</loc>
<lastmod>2023-07-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=53db2da6-145e-48a3-93b0-4011adf0b0dd&amp;pdfUrl=%2Fupload%2F20230628_commentary_-bond-default-resolution-and-recovery_cn-update.pdf&amp;type=research</loc>
<lastmod>2023-06-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=715f33f5-a48c-481d-975c-1fac37562dce&amp;pdfUrl=%2Fupload%2F20230615_bulletin_real-estate-developer-recovery_cn.pdf&amp;type=research</loc>
<lastmod>2023-06-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4e0d95a5-da55-4e64-90ff-82b754af44e5&amp;pdfUrl=%2Fupload%2F20230529_slides_quarterly-lgfv-review_cn.pdf&amp;type=research</loc>
<lastmod>2023-05-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=75b2663b-d8df-49e9-8454-2e9a1500188d&amp;pdfUrl=%2Fupload%2F20230525_commentary_aic-research_cn-updated-1.pdf&amp;type=research</loc>
<lastmod>2023-05-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=5a85357c-0efe-4b98-897e-7cb06206f191&amp;pdfUrl=%2Fupload%2F20230523_commentary_real-estate-monthly-roundup.pdf&amp;type=research</loc>
<lastmod>2023-05-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6465f60f-b8ae-4f74-b1d3-37e4fef462a5&amp;pdfUrl=%2Fupload%2F20230510_slides_banking-review-and-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2023-05-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=977bb0e5-48c9-4753-898c-7b46bcd96f0e&amp;pdfUrl=%2Fupload%2F20230508_real-estate-impact-on-major-banks_cnv2.pdf&amp;type=research</loc>
<lastmod>2023-05-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e5d0b0e0-55df-4032-b8e9-0178a98a260b&amp;pdfUrl=%2Fupload%2F20230505_commentary_investor-protection-clause-analysis_cn.pdf&amp;type=research</loc>
<lastmod>2023-05-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e1757693-7bba-4cff-9106-313d7bc1316e&amp;pdfUrl=%2Fupload%2F20230504_commentary_us-mortgagermbs-faq-commentary_final_cn.pdf&amp;type=research</loc>
<lastmod>2023-05-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=9ac63ef9-8bc4-4b20-b331-85b7c478a41c&amp;pdfUrl=%2Fupload%2F20230424_commentary_monthly-real-estate-roundup.pdf&amp;type=research</loc>
<lastmod>2023-04-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=ae9a40f5-2871-4271-a9b2-7a0c1442105a&amp;pdfUrl=%2Fupload%2F20230407_slides_quarterly-lgfv-review_cn.pdf&amp;type=research</loc>
<lastmod>2023-04-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=0c66e428-0dc7-4291-9482-ae34a435c90b&amp;pdfUrl=%2Fupload%2F20230329_commentary_credit-faq-on-svb-and-cs_cn-updated1.pdf&amp;type=research</loc>
<lastmod>2023-03-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6ab335cf-609a-41c4-abc3-3293b0c0dc2f&amp;pdfUrl=%2Fupload%2F20230329_credit-faq-on-fi-hybrid-bonds_cn_v2.pdf&amp;type=research</loc>
<lastmod>2023-03-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=ddb6d37b-921e-4e56-94e7-6d7f3be8067f&amp;pdfUrl=%2Fupload%2F20230323_monthly-real-estate-roundup_cn.pdf&amp;type=research</loc>
<lastmod>2023-03-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=3e19a0d2-d6ae-4fdb-84bc-66f1fdf6447b&amp;pdfUrl=%2Fupload%2F20230322_commentary_lgfvs-in-sichuan-and-chongqing_cn.pdf&amp;type=research</loc>
<lastmod>2023-03-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=661b3960-7278-42fd-962e-d118d764721c&amp;pdfUrl=%2Fupload%2F20230320_commentary_lgfvs-in-top-100-counties_cn.pdf&amp;type=research</loc>
<lastmod>2023-03-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a3f48d1f-8463-46f1-aa0c-99ee920046b0&amp;pdfUrl=%2Fupload%2F20230317_slides_npl_overview__outlook_2023_cn.pdf&amp;type=research</loc>
<lastmod>2023-03-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b750e1fc-dae9-4553-99e3-6cc4689f0136&amp;pdfUrl=%2Fupload%2F20230315_bulletin_shandong-lgfv_cn-Rdxq.pdf&amp;type=research</loc>
<lastmod>2023-03-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2f3b2539-48ec-41b5-ac6b-e4d76d5bdba4&amp;pdfUrl=%2Fupload%2F20230313_commentary_lgfv-impact-on-banks_cnv2.pdf&amp;type=research</loc>
<lastmod>2023-03-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=77798d08-ffba-4cf0-a9f0-73f660d4a6cf&amp;pdfUrl=%2Fupload%2F20230310_slides_chinese-banks-credit-analysis_cn.pdf&amp;type=research</loc>
<lastmod>2023-03-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=fda3116e-5ec2-4429-bbff-b16b2bccd2fd&amp;pdfUrl=%2Fupload%2F20230227_slides_auto_overview__outlook_2023_ppt_cn.pdf&amp;type=research</loc>
<lastmod>2023-02-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=41f81f28-042e-4cbf-9d4a-425080ec589e&amp;pdfUrl=%2Fupload%2F20230223_commentary_solvency-ii-rule-ii_cn.pdf&amp;type=research</loc>
<lastmod>2023-02-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=09456a06-8016-453f-8e45-af86f9468bb5&amp;pdfUrl=%2Fupload%2F20230222_commentary_asset-classification_cn-.pdf&amp;type=research</loc>
<lastmod>2023-02-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=000cf7a3-b970-4c75-adfc-6019da37c03a&amp;pdfUrl=%2Fupload%2F20230421_slides_rmbs_overview__outlook_2023_ppt_cn.pdf&amp;type=research</loc>
<lastmod>2023-02-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=83129724-d0b5-42be-9cdf-c4a13cedf145&amp;pdfUrl=%2Fupload%2F20230210_commentary_chatgpt-vs-sf_cn.pdf&amp;type=research</loc>
<lastmod>2023-02-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=87c0d7c8-2bde-45ae-a1c1-9b2fcf777321&amp;pdfUrl=%2Fupload%2F20230210_slides_broker-credit-distribution_cn.pdf&amp;type=research</loc>
<lastmod>2023-02-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=49bfa330-c54d-405e-9428-7808b4817acd&amp;pdfUrl=%2Fupload%2F20230209_commentary_lgfv-qa_cn.pdf&amp;type=research</loc>
<lastmod>2023-02-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e3f4fc50-9843-4ca6-93a5-3c139c17df22&amp;pdfUrl=%2Fupload%2F20230209_slides_financial-guarantee-ppt_cn.pdf&amp;type=research</loc>
<lastmod>2023-02-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a8948f09-5c0e-41d6-b560-9c1837526630&amp;pdfUrl=%2Fupload%2F20230202_bulletin_consumer-market-recovery_cn.pdf&amp;type=research</loc>
<lastmod>2023-02-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f5c2acf6-d92f-4b9e-a6d5-ace800e6f575&amp;pdfUrl=%2Fupload%2F20230113_-slides_financial-industry-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2023-01-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=636c5926-b9c7-4ecd-a4ea-efe51ddfbc04&amp;pdfUrl=%2Fupload%2F20230612_commentary_hybrid-noncallable-risk_cn-updated.pdf&amp;type=research</loc>
<lastmod>2023-01-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=055b1441-39ad-44ce-877e-762dfb61e6a1&amp;pdfUrl=%2Fupload%2F20230109_commentary_lgfv-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2023-01-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4d7b6aba-1c35-463c-8024-7f17de03c4bd&amp;pdfUrl=%2Fupload%2F20230109_bulletin_zunyi-loan-rollover_cn.pdf&amp;type=research</loc>
<lastmod>2023-01-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d9b61353-db5e-417e-b04b-515db4d9b138&amp;pdfUrl=%2Fupload%2F20230105_commentary_2023-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2023-01-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=486a1732-e3ae-44a0-8030-00fb9f3b76d7&amp;pdfUrl=%2Fupload%2F20230105_slides_foreign-bank-research_cn_update.pdf&amp;type=research</loc>
<lastmod>2023-01-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0842eb39-8c9f-4f94-b1a7-aec4deb54f97&amp;pdfUrl=%2Fupload%2F20230105_slides_domestic-bank-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2023-01-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=df8c3960-44b1-4a07-b0ef-807f2e1bee7b&amp;pdfUrl=%2Fupload%2F20230104_property-2023-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2023-01-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=93aba6f4-92d2-4ef9-b515-da4c53a0c749&amp;pdfUrl=%2Fupload%2F20221207_commentary_amc-research_cn.pdf&amp;type=research</loc>
<lastmod>2022-12-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=143e3d6d-2e14-4e3a-95cd-329a37fe39fa&amp;pdfUrl=%2Fupload%2F20221205_jiangsu-zhejiang-lgfv-deep-dive_cn.pdf&amp;type=research</loc>
<lastmod>2022-12-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=9340c156-bdc5-4438-84e2-f5392f08d320&amp;pdfUrl=%2Fupload%2F20221129_bulletin_regulatory-measures-on-developer_cn.pdf&amp;type=research</loc>
<lastmod>2022-11-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=aae40a5c-45ad-4f81-b8d1-26c4ee10dd75&amp;pdfUrl=%2Fupload%2F20221125_commentary_real-estate-support-policy_cn-updated-.pdf&amp;type=research</loc>
<lastmod>2022-11-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a9db29a8-d839-4b57-9162-9b9266ba6d15&amp;pdfUrl=%2Fupload%2F20221125_slides_commercial-leasing-ppt_cn.pdf&amp;type=research</loc>
<lastmod>2022-11-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a12a7727-49a4-4ac1-b934-988ce5eceeed&amp;pdfUrl=%2Fupload%2F20221115_bulletin_real-estate-developer-refinancing_cn_updated.pdf&amp;type=research</loc>
<lastmod>2022-11-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=bc46739f-a9ad-48be-9306-035fee3692b0&amp;pdfUrl=%2Fupload%2F20221017_slides_consumer-finance-company-research_cn.pdf&amp;type=research</loc>
<lastmod>2022-10-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=3c52cfb8-12ff-4188-9946-d532282f6e8f&amp;pdfUrl=%2Fupload%2F20221014_real-estate-policy-bulletin_cn.pdf&amp;type=research</loc>
<lastmod>2022-10-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=c6cb506f-fdff-4395-83ff-40735021d016&amp;pdfUrl=%2Fupload%2F20221010_bulletin_spg-spc-rating-scales_cn.pdf&amp;type=research</loc>
<lastmod>2022-10-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=40fea5a8-da61-4f53-822f-ae66f4c2b7c5&amp;pdfUrl=%2Fupload%2F20221010_commentary_impact-of-wealth-management-products-on-bank-capital_cn.pdf&amp;type=research</loc>
<lastmod>2022-10-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=c648eab4-dc57-444b-90fe-f0b0e14f753e&amp;pdfUrl=%2Fupload%2F20220921_commentary_real-estate-impact-on-banks_cn1.pdf&amp;type=research</loc>
<lastmod>2022-09-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=116e4c38-e018-492d-a031-57a3d228f35c&amp;pdfUrl=%2Fupload%2F20220916_commentary_tier-2-bond-risk-rising_cn.pdf&amp;type=research</loc>
<lastmod>2022-09-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=252e0602-9a18-4128-a706-78bd0ba56341&amp;pdfUrl=%2Fupload%2F20221020_auto-finance-credit-quality_cn-updated.pdf&amp;type=research</loc>
<lastmod>2022-09-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=15aeebc3-76a5-48ec-a7e9-94bd81bf1574&amp;pdfUrl=%2Fupload%2F20220914_commentary_sichuan-regional-banks-credit-profile_cn.pdf&amp;type=research</loc>
<lastmod>2022-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a45f2921-5379-468f-b6c2-13120a0536ab&amp;pdfUrl=%2Fupload%2F20220908_commentary_regional-government-bond_cn-.pdf&amp;type=research</loc>
<lastmod>2022-09-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=24e58672-07a0-4e24-8de1-986b1e89c2f9&amp;pdfUrl=%2Fupload%2F20220905_bulletin_lanzhou-lgfv-technical-default_cn1.pdf&amp;type=research</loc>
<lastmod>2022-09-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=53355f87-b6b7-471c-9527-9ee984d307b3&amp;pdfUrl=%2Fupload%2F20221010_bank-2022-mid-year-outlook_cn_updated.pdf&amp;type=research</loc>
<lastmod>2022-09-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b80d7098-663e-4fcd-908d-f6818f868a67&amp;pdfUrl=%2Fupload%2F20220830_commentary_liaoning-bank-failures_cn_updated.pdf&amp;type=research</loc>
<lastmod>2022-08-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=0eaf27e2-7a95-4c8e-b0ec-72110bf846ed&amp;pdfUrl=%2Fupload%2F20220803_2022-midyear-outlook_cn3.pdf&amp;type=research</loc>
<lastmod>2022-08-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7a87b0d0-0707-4c6d-bf79-bb0b654a1a49&amp;pdfUrl=%2Fupload%2F20220727_mortgage-repayment_rmbs-faq-commentary_cn.pdf&amp;type=research</loc>
<lastmod>2022-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e47868a9-b97d-4b35-b422-fb273f8657b9&amp;pdfUrl=%2Fupload%2F20220713_bulletin_lgfv-credit-quality_cn.pdf&amp;type=research</loc>
<lastmod>2022-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=72bc4ef8-1d20-4831-b654-32312ba620d7&amp;pdfUrl=%2Fupload%2F20220711_commentary_foresight-and-stability-of-spc-rating-scales_cn.pdf&amp;type=research</loc>
<lastmod>2022-07-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=8181b4af-0e05-4826-9898-80fe5ae68871&amp;pdfUrl=%2Fupload%2F20220621_bulletin_lgfv-policy_cn.pdf&amp;type=research</loc>
<lastmod>2022-06-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b63fe7bb-30e5-4661-91bf-bc4e1add0ca8&amp;pdfUrl=%2Fupload%2F20220511_real-estate-loans_cn.pdf&amp;type=research</loc>
<lastmod>2022-05-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=bcc8ade3-86ce-4c08-9c89-cc2afc21a825&amp;pdfUrl=%2Fupload%2F20220507_tlac-non-capital-bond_cn.pdf&amp;type=research</loc>
<lastmod>2022-05-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8ed369b2-8a4a-4435-b757-b71a29393dbb&amp;pdfUrl=%2Fupload%2F20220428_impact-of-real-estate-loan-on-banks_cn.pdf&amp;type=research</loc>
<lastmod>2022-04-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c01483b7-b179-4c9a-8ded-3dd833d15f87&amp;pdfUrl=%2Fupload%2F20220427_sino-foreign-rmbs-research_cn.pdf&amp;type=research</loc>
<lastmod>2022-04-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=33e4bcf7-660d-43e5-b5a3-2d003e71fdb4&amp;pdfUrl=%2Fupload%2F20220425_commentary_amc-research_cn2.pdf&amp;type=research</loc>
<lastmod>2022-04-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c77ddf84-5af7-4ab9-9d4d-b809b4a0aa16&amp;pdfUrl=%2Fupload%2F20220419_commentary_impact-of-rrr-cuts_cn.pdf&amp;type=research</loc>
<lastmod>2022-04-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=3c5b07a1-0598-4240-9310-3f44d82ed091&amp;pdfUrl=%2Fupload%2F20220415_commentary_financial-institution-assessment_cn.pdf&amp;type=research</loc>
<lastmod>2022-04-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=5b99203e-06f1-429a-9115-edf8bebb8085&amp;pdfUrl=%2Fupload%2F20220408_commentary_finco-funding-and-liquidity_cn.pdf&amp;type=research</loc>
<lastmod>2022-04-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=85c06467-dbf2-414c-89ef-b3832ca4008f&amp;pdfUrl=%2Fupload%2F20220408_commentary_finco-business-position_cn.pdf&amp;type=research</loc>
<lastmod>2022-04-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=ee460b25-0bf0-41a3-ac6c-b7f6d54093b7&amp;pdfUrl=%2Fupload%2F20220407_commentary_real-estate-faq-update_cn.pdf&amp;type=research</loc>
<lastmod>2022-04-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=82865812-a3ee-4d14-a9b3-d1ca79f5aa5d&amp;pdfUrl=%2Fupload%2F20220325_commentary_finco-risk-position_cn.pdf&amp;type=research</loc>
<lastmod>2022-03-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=0e1b40a5-acc3-47f2-9c57-8cdefcfc7e4b&amp;pdfUrl=%2Fupload%2F20220322_commentary_bank-funding-liquidity_cn.pdf&amp;type=research</loc>
<lastmod>2022-03-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=c2af3743-a1b9-4bbf-a26b-6d99edaeb745&amp;pdfUrl=%2Fupload%2F20220318_commentary_bank-business-position_cn_2.pdf&amp;type=research</loc>
<lastmod>2022-03-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b4ff131b-472f-4810-a51a-08fb7e6dc43e&amp;pdfUrl=%2Fupload%2F20220316_auto-abs-overview-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2022-03-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=38558b68-17d9-475b-90aa-86186d9f9ed6&amp;pdfUrl=%2Fupload%2F20220316_rmbs-overview-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2022-03-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=18422b7e-c633-4f73-8e7a-64a68781dda8&amp;pdfUrl=%2Fupload%2F20220309_commentary_bank-risk-position_cn.pdf&amp;type=research</loc>
<lastmod>2022-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=f83b3fd1-2566-4560-a3d6-245ae83e351e&amp;pdfUrl=%2Fupload%2F20220225_commentary_private-banking_cn.pdf&amp;type=research</loc>
<lastmod>2022-02-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2ce87910-5770-4dff-83a4-85c67d5c7c9b&amp;pdfUrl=%2Fupload%2F20220216_commentary_group-support_cn.pdf&amp;type=research</loc>
<lastmod>2022-02-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=55f89632-e4a7-4b2b-bad3-5da6e768f6c4&amp;pdfUrl=%2Fupload%2F20220216_commentary_broker-credit-distribution_cn2.pdf&amp;type=research</loc>
<lastmod>2022-02-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=76ba7ac2-ae22-402e-88c9-48432a9619d4&amp;pdfUrl=%2Fupload%2F20220214_commentary_real-estate-_cn.pdf&amp;type=research</loc>
<lastmod>2022-02-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=71acc353-d53b-402d-a47b-7b35246ea8b8&amp;pdfUrl=%2Fupload%2F20220210_commentary_rural-banks_cn-updated.pdf&amp;type=research</loc>
<lastmod>2022-02-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3dca6758-64a0-4132-ba01-b6d2d6ddd61a&amp;pdfUrl=%2Fupload%2F20220125_commercial-leasing-ppt_cn.pdf&amp;type=research</loc>
<lastmod>2022-01-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a9fd1369-ecef-484a-b252-e1c511a4a6d4&amp;pdfUrl=%2Fupload%2F20220124_lgfv-outlook-2022_cn.pdf&amp;type=research</loc>
<lastmod>2022-01-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=5cfd2737-a275-4874-8b04-333500a0bc57&amp;pdfUrl=%2Fupload%2F20220121_commentary_solvency-ii-rule-ii_cn.pdf&amp;type=research</loc>
<lastmod>2022-01-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=f7465dc5-4fc9-4fdc-9ad5-9f64abf1aff8&amp;pdfUrl=%2Fupload%2F20220120_commentary_holistic-adjustment_cn.pdf&amp;type=research</loc>
<lastmod>2022-01-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4dd4f5a6-ef53-41d7-b206-02329ea21993&amp;pdfUrl=%2Fupload%2F20220119_financial-leasing-ppt_cn2.pdf&amp;type=research</loc>
<lastmod>2022-01-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2feb6b66-4d14-4402-aa0a-c915f22b097c&amp;pdfUrl=%2Fupload%2F20220118_commentary_life_insurance_outlook_cn.pdf&amp;type=research</loc>
<lastmod>2022-01-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3dadc607-c83e-47ef-b300-2b25cd18bb59&amp;pdfUrl=%2Fupload%2F20220117_pc-insurance-outlook_cn2.pdf&amp;type=research</loc>
<lastmod>2022-01-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7556404b-3fa4-41c1-a34b-c31c9aeb9880&amp;pdfUrl=%2Fupload%2F20211227_commentary_market-signal_cn.pdf&amp;type=research</loc>
<lastmod>2021-12-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a250e67d-ff35-44bf-94de-4ad7aa46f241&amp;pdfUrl=%2Fupload%2F20211221_ma-research_cn.pdf&amp;type=research</loc>
<lastmod>2021-12-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=03cade4f-833f-4576-9099-bc402e8ac991&amp;pdfUrl=%2Fupload%2F20211216_2022-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2021-12-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0de500aa-4611-4555-9e88-a45127e3193f&amp;pdfUrl=%2Fupload%2F20211213_city-bank-research_cn2.pdf&amp;type=research</loc>
<lastmod>2021-12-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c98df723-9c83-4abc-8fba-e05392a44741&amp;pdfUrl=%2Fupload%2F20221020_auto-finance-ppt_cn-updated1.pdf&amp;type=research</loc>
<lastmod>2021-12-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d150bfae-d1f0-4d31-8a79-3a3b715c3aaf&amp;pdfUrl=%2Fupload%2F20211202_commentary_developer_cn3.pdf&amp;type=research</loc>
<lastmod>2021-12-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=502a03ac-de52-45d3-b707-7835f4207f0e&amp;pdfUrl=%2Fupload%2F20211130_commentary_insurance-distribution_cn.pdf&amp;type=research</loc>
<lastmod>2021-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8100051a-4ce6-49ce-a95d-4f480617cffc&amp;pdfUrl=%2Fupload%2F20211126_slides_bank-quarterly-2021q3_cn.pdf&amp;type=research</loc>
<lastmod>2021-11-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a0951142-aa37-4abb-9c28-386c1f23a331&amp;pdfUrl=%2Fupload%2F20211125_commentary_regional-government-bond_cn.pdf&amp;type=research</loc>
<lastmod>2021-11-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0b195230-6b91-4bce-a63d-f122809fcfce&amp;pdfUrl=%2Fupload%2F20211123_real-estate_sf-faq-commentary_cn.pdf&amp;type=research</loc>
<lastmod>2021-11-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=dd3a764e-aa9d-480d-946b-22fe1d1991e2&amp;pdfUrl=%2Fupload%2F20211111_real-estate-outlook-bulletin_cn.pdf&amp;type=research</loc>
<lastmod>2021-11-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=456d782e-5cd7-4bf6-81a0-b093819669d0&amp;pdfUrl=%2Fupload%2F20211104_bulletin_real-estate-developer-research_cn.pdf&amp;type=research</loc>
<lastmod>2021-11-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=0f04fca3-0b47-484d-b3a3-9ba63c4a0fea&amp;pdfUrl=%2Fupload%2F20211103_asset-scale-commentary_cn.pdf&amp;type=research</loc>
<lastmod>2021-11-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6985832f-e0d8-413b-8148-30e82763a043&amp;pdfUrl=%2Fupload%2F20211102_energy-restrictions-commentary_cn.pdf&amp;type=research</loc>
<lastmod>2021-11-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8c338670-7dac-48db-95a8-32f608218593&amp;pdfUrl=%2Fupload%2F20211101_real-estate_rmbs-faq-commentary_cn2.pdf&amp;type=research</loc>
<lastmod>2021-11-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d80e4735-78a1-45d2-b75f-4258a4cb6d69&amp;pdfUrl=%2Fupload%2F20211026_commentary_real-estate_cn.pdf&amp;type=research</loc>
<lastmod>2021-10-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b13f13eb-0d43-4fd4-805c-7cb790a11abb&amp;pdfUrl=%2Fupload%2F20211025_property-tax-bulletin_cn.pdf&amp;type=research</loc>
<lastmod>2021-10-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=ac598a88-c325-4e1b-b8bf-923f3073bfdf&amp;pdfUrl=%2Fupload%2F20211022_commentary-bank-anchor_cn.pdf&amp;type=research</loc>
<lastmod>2021-10-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=58945dfc-e9c3-4ac3-89a2-1fd4ddc0c94b&amp;pdfUrl=%2Fupload%2F20211019_real-estate-bulletin_cn.pdf&amp;type=research</loc>
<lastmod>2021-10-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a732b049-a307-4419-817e-9d79e1101d9e&amp;pdfUrl=%2Fupload%2F20211018_commentary-dsibs_cn3.pdf&amp;type=research</loc>
<lastmod>2021-10-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=467f55e3-149a-4122-82d9-098af908404a&amp;pdfUrl=%2Fupload%2F20220217_domestic-bank-slides_cn.pdf&amp;type=research</loc>
<lastmod>2021-10-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=dc315be0-2e3f-454f-b9f8-50a17e1560fb&amp;pdfUrl=%2Fupload%2F20211014_real-estate-faq-commentary_cn.pdf&amp;type=research</loc>
<lastmod>2021-10-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=ba446d90-aec2-429f-88f6-051373797477&amp;pdfUrl=%2Fupload%2F20210929_commentary_life-insurers_cn.pdf&amp;type=research</loc>
<lastmod>2021-09-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b2f7f1a7-a86b-4320-ace8-84938f46b4eb&amp;pdfUrl=%2Fupload%2F20210928_commentary-pc-insurers_cn.pdf&amp;type=research</loc>
<lastmod>2021-09-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=67ea38d1-3443-482b-86e1-16b3e1b6f3ae&amp;pdfUrl=%2Fupload%2F20210924_commentary-finco-capital-and-earnings_cn.pdf&amp;type=research</loc>
<lastmod>2021-09-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=3b1cb824-6b46-4ee4-a80f-04bbc12df00d&amp;pdfUrl=%2Fupload%2F20210924_coal-prices-bulletin_cn.pdf&amp;type=research</loc>
<lastmod>2021-09-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=456c28e4-1bcb-4ca6-8a63-5e1ea36159a5&amp;pdfUrl=%2Fupload%2F20210923_carbon-policy-steel-sector-bulletin_cn.pdf&amp;type=research</loc>
<lastmod>2021-09-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6eff9bd7-b64d-4982-bb87-eeb7a8b320ae&amp;pdfUrl=%2Fupload%2F20210923_commentary_how-we-approach-banks-capitalearnings_cn.pdf&amp;type=research</loc>
<lastmod>2021-09-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2cccee6e-c6e4-425d-8a3c-44e26526a0a7&amp;pdfUrl=%2Fupload%2F20210916_commentary_rail-transit-research_cn.pdf&amp;type=research</loc>
<lastmod>2021-09-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=fb67c502-754f-4cbb-824a-9e6881957eb7&amp;pdfUrl=%2Fupload%2F20210915_slides-foreign-bank-research_cn.pdf&amp;type=research</loc>
<lastmod>2021-09-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=21eb5da8-4114-4b66-8bd0-5fa35d2fcbbd&amp;pdfUrl=%2Fupload%2F20210909_commentary_fhc_2021_cn.pdf&amp;type=research</loc>
<lastmod>2021-09-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=56e8111c-8dd9-4056-b9fb-3791f04b6bfb&amp;pdfUrl=%2Fupload%2F20210908_bulletin-express-delivery-industry_cn.pdf&amp;type=research</loc>
<lastmod>2021-09-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=16b9edf8-e3e0-4e5b-aef9-e1f7a160c448&amp;pdfUrl=%2Fupload%2F20210907_bulletin-chemicals-industry_cn.pdf&amp;type=research</loc>
<lastmod>2021-09-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0d2a4fe5-487b-4eca-b3c2-e6282586dbdd&amp;pdfUrl=%2Fupload%2F20210903_slides_bank-quarterly-2021q2_cn.pdf&amp;type=research</loc>
<lastmod>2021-09-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=3fab4f25-e910-4305-8748-0273fb9f0666&amp;pdfUrl=%2Fupload%2F20210827_commentary_govt-regulation-on-group-support_cn.pdf&amp;type=research</loc>
<lastmod>2021-08-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5babf405-0881-48dc-9864-5274fa77bfae&amp;pdfUrl=%2Fupload%2F20210826_aluminum-bulletin_cn.pdf&amp;type=research</loc>
<lastmod>2021-08-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4d766acf-cd64-410d-a53e-3782520617b4&amp;pdfUrl=%2Fupload%2F20210825_-commentary_spg-impact-under-panda-bond-methodology_cn.pdf&amp;type=research</loc>
<lastmod>2021-08-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a459b328-b0ab-4f79-82d9-8adafa1aae90&amp;pdfUrl=%2Fupload%2F20210823_an-steel-ma_cn.pdf&amp;type=research</loc>
<lastmod>2021-08-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1ecc793e-dad7-4fc8-9cbb-a001b1e235b7&amp;pdfUrl=%2Fupload%2F20210817_commentary-captive-finance-companies_cn.pdf&amp;type=research</loc>
<lastmod>2021-08-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=9f486886-f664-4fc4-93d3-1a0014914179&amp;pdfUrl=%2Fupload%2F20210817_bulletin-real-estate-liquidity-risk_cn.pdf&amp;type=research</loc>
<lastmod>2021-08-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=3351dafe-602c-420c-8c85-69df751f8de5&amp;pdfUrl=%2Fupload%2F20210816_commentary-airports-industry_cn.pdf&amp;type=research</loc>
<lastmod>2021-08-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4775ecb3-9267-4ad6-95c9-83ceb37eb3ec&amp;pdfUrl=%2Fupload%2F2021-08-11_structural-subordination_cn.pdf&amp;type=research</loc>
<lastmod>2021-08-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7d7381a8-30cf-4dbf-afda-4447879f98a0&amp;pdfUrl=%2Fupload%2F20210810_bulletin-hog-farming_cn.pdf&amp;type=research</loc>
<lastmod>2021-08-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b714488b-06a7-4498-a4d5-b2a3022c50a7&amp;pdfUrl=%2Fupload%2F20210805_commentary_credit-faq-on-govt-support-of-fis_cn.pdf&amp;type=research</loc>
<lastmod>2021-08-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b647c39d-51c0-46ba-8b27-344c77d75279&amp;pdfUrl=%2Fupload%2F20210727_bulletin-cbirc-regulations_cn.pdf&amp;type=research</loc>
<lastmod>2021-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3714b75a-73a6-4411-b4d7-5b6c13130619&amp;pdfUrl=%2Fupload%2F20210723_slides-yangtze-river-delta_cn.pdf&amp;type=research</loc>
<lastmod>2021-07-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2f311356-4def-4efa-8dfd-b5aeca3849cf&amp;pdfUrl=%2Fupload%2F20210719_bulletin-lgfv-issuance_cn.pdf&amp;type=research</loc>
<lastmod>2021-07-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=bbc76693-4045-4a19-931c-aa16c2961022&amp;pdfUrl=%2Fupload%2F20210714_commentary_mid-year-corp-outlook_cn.pdf&amp;type=research</loc>
<lastmod>2021-07-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2266a2f4-cd92-4ba9-8830-52f623089ac6&amp;pdfUrl=%2Fupload%2F20210713_bulletin-languang-default_cn.pdf&amp;type=research</loc>
<lastmod>2021-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=faea1a0d-4437-4969-bf54-cfd9a09b1688&amp;pdfUrl=%2Fupload%2F20210708_commentary-financial-groups-credit-profiles_cn.pdf&amp;type=research</loc>
<lastmod>2021-07-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=549e851e-4e6d-453d-b276-caae7758dc38&amp;pdfUrl=%2Fupload%2F20210707_abcp-slides_cn.pdf&amp;type=research</loc>
<lastmod>2021-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=0ec7a3af-89fb-4dcf-8129-766ffc474424&amp;pdfUrl=%2Fupload%2F20210707_commentary-faq-on-foreign-bank-support_cn.pdf&amp;type=research</loc>
<lastmod>2021-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=52c276ef-faf3-49b1-ad19-ce76a9b98616&amp;pdfUrl=%2Fupload%2F20210706_bulletin-china-post-express-delivery_cn.pdf&amp;type=research</loc>
<lastmod>2021-07-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=cfa5f99d-0d95-4872-a5e2-322a8bd6200b&amp;pdfUrl=%2Fupload%2F20210629_commentary_property-deleveraging_cn.pdf&amp;type=research</loc>
<lastmod>2021-06-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b2b88dce-1642-43ad-abd8-db6027f0dcbf&amp;pdfUrl=%2Fupload%2F20210628_bulletin_soe-credit-funds_cn_28jun2021.pdf&amp;type=research</loc>
<lastmod>2021-06-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=57c126b6-2f4a-4c65-a200-39c38e1429f6&amp;pdfUrl=%2Fupload%2F20210625_bulletin_tianjin-soe-reform_cn.pdf&amp;type=research</loc>
<lastmod>2021-06-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7535d34f-128f-4aa8-b008-af797228385f&amp;pdfUrl=%2Fupload%2Fbulletin_lrg-tax-policy_7june2021_cn.pdf&amp;type=research</loc>
<lastmod>2021-06-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4ace87af-cd0c-419f-89e6-0bcc67c9d88e&amp;pdfUrl=%2Fupload%2Fslides_bank-quarterly-2021q1_cn.pdf&amp;type=research</loc>
<lastmod>2021-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a259f1bf-fe6a-4ce5-b708-9b2cdce8a1bd&amp;pdfUrl=%2Fupload%2Fauto-abs-overview-outlook_19apr2021_cn.pdf&amp;type=research</loc>
<lastmod>2021-04-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6157aa97-59f7-4cf7-99bb-ca964998d712&amp;pdfUrl=%2Fupload%2Fresearch-slides_rmbs-overview_14apr2021_cn.pdf&amp;type=research</loc>
<lastmod>2021-04-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=cae686e4-e860-4119-bf4f-2cf4e365ea32&amp;pdfUrl=%2Fupload%2F20210310_commentary_insurance_groups_10mar2021_cn.pdf&amp;type=research</loc>
<lastmod>2021-03-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=5bb1ed94-a511-4115-8037-1986d253ffb2&amp;pdfUrl=%2Fupload%2F20210308_unregulated-leasing-companies_cn2.pdf&amp;type=research</loc>
<lastmod>2021-03-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=76af8877-1b67-46d6-a47e-679a0b2e70b2&amp;pdfUrl=%2Fupload%2F20210305_commentary_adjustments-to-financial-data-cn-formatted-1-.pdf&amp;type=research</loc>
<lastmod>2021-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=685bbf97-538d-4c1b-baa9-5e8e4bc322cf&amp;pdfUrl=%2Fupload%2F20210302_slides_bank-quarterly-2020q4_cn.pdf&amp;type=research</loc>
<lastmod>2021-03-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7e31e846-0cce-461d-9530-ed670c1a55e9&amp;pdfUrl=%2Fupload%2F20210301i_hc-commentary_1mar2021_cn.pdf&amp;type=research</loc>
<lastmod>2021-03-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f1e07171-d999-4089-b38b-95d197223db5&amp;pdfUrl=%2Fupload%2Fslides_regional-bank-research_22jan2021_v2_cn.pdf&amp;type=research</loc>
<lastmod>2021-01-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=fb1367cc-9927-44a3-84f8-7b01b74831c3&amp;pdfUrl=%2Fupload%2F20210118_bulletin_lgfv-reforms_18jan2021_cn.pdf&amp;type=research</loc>
<lastmod>2021-01-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6e0a6294-cd64-48c9-b9a7-28f4a171adf8&amp;pdfUrl=%2Fupload%2F20210111_commentary_2021-corp-outlook_11jan2021_cn.pdf&amp;type=research</loc>
<lastmod>2021-01-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=f6d141ac-2026-46f2-bf1e-a3972d9ba216&amp;pdfUrl=%2Fupload%2F_20201228_v2.pdf&amp;type=research</loc>
<lastmod>2020-12-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7b619578-924b-44ee-b02b-89cbfd6fcb8e&amp;pdfUrl=%2Fupload%2F2021-20201222.pdf&amp;type=research</loc>
<lastmod>2020-12-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e8442727-a09e-41c9-badf-f8f93fc9b864&amp;pdfUrl=%2Fupload%2F20201221_commentary_tech-software_21dec2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-12-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=45a1d1ee-3084-4eb1-a14f-dcf639e68514&amp;pdfUrl=%2Fupload%2F20201209_commentary_lgfv-book_cn.pdf&amp;type=research</loc>
<lastmod>2020-12-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=9e2a0963-d767-410d-bb40-ea45a1e31118&amp;pdfUrl=%2Fupload%2F20201125_slides_bank-quarterly-2020q3_cn.pdf&amp;type=research</loc>
<lastmod>2020-11-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e40da86c-5599-4c05-b73a-20b7e36f3556&amp;pdfUrl=%2Fupload%2F20201125_slides_bank-quarterly-2020q3_25nov2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-11-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=55751223-0c7f-4067-b617-77ab9f19dc6f&amp;pdfUrl=%2Fupload%2F20201124_commentary_domestic-banks_cn.pdf&amp;type=research</loc>
<lastmod>2020-11-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=b9d0ab86-5979-4b8c-b11b-8801f6d44b4e&amp;pdfUrl=%2Fupload%2Faaa.pdf&amp;type=research</loc>
<lastmod>2020-11-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=970c0328-8c81-49c1-81d1-5db068fc4d50&amp;pdfUrl=%2Fupload%2F20201119_commentary_power-generation-ranking-research_19nov2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-11-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=63100bfe-a425-434c-840b-68ae4569ea08&amp;pdfUrl=%2Fupload%2F20201118_commentary_building-materials_nov182020_cn.pdf&amp;type=research</loc>
<lastmod>2020-11-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=91c92196-3389-45c6-85b9-69f0147cba68&amp;pdfUrl=%2Fupload%2F20201118_commentary_life-insurers_18nov2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-11-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=c046c56b-9c28-47de-ae50-d106694f612f&amp;pdfUrl=%2Fupload%2F20201117_ppt-slides_soe.pdf&amp;type=research</loc>
<lastmod>2020-11-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=3c03c931-1e96-4f08-898d-04faec130af3&amp;pdfUrl=%2Fupload%2F20201116_commentary_baoshang-bank-hybrid-bonds_nov162020_cn.pdf&amp;type=research</loc>
<lastmod>2020-11-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=67889811-da13-4c40-8266-d6effbffa979&amp;pdfUrl=%2Fupload%2F20201113_bulletin_soe_default_13nov2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-11-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=eb14e050-c028-4e1a-a3e9-a8ce1642a083&amp;pdfUrl=%2Fupload%2F20201111_commentary_auto-industry-research_11nov2020_cn_updated.pdf&amp;type=research</loc>
<lastmod>2020-11-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=49fce8b7-4d9e-41fb-bfd5-fb222fac6924&amp;pdfUrl=%2Fupload%2F20201110_commentary_mega-bank-q3-performance-_10nov2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-11-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=09000ddf-4be9-4904-a3ed-71aa25232ed4&amp;pdfUrl=%2Fupload%2F20201109_tech-hardware_9nov2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-11-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=5cda1964-4bd1-440c-bb03-7d8a6ae85af4&amp;pdfUrl=%2Fupload%2F20201105_nev_5nov2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-11-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2020-10-30_abs-closed-door-meeting_cn</loc>
<lastmod>2020-10-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a233dfdb-4733-4774-8d5b-1f85c3dff6d7&amp;pdfUrl=%2Fupload%2F20201028_property-financing-red-lines_28oct2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-10-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b97af7fe-5640-48b2-bc41-c42dfd921b79&amp;pdfUrl=%2Fupload%2F20201028_highway-research_28oct2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-10-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=8f86e133-0a5f-45fc-92b2-f5ac95b87f70&amp;pdfUrl=%2Fupload%2F20201023_foreign-bank-subsidiary_23oct2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-10-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a5302eff-66cd-4bfc-a904-5733743ce3f1&amp;pdfUrl=%2Fupload%2F20201022_commentary_auto-finance_22oct2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-10-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e0226443-71f2-4681-b33c-7a40f50ce9cf&amp;pdfUrl=%2Fupload%2F20201022_commentary_chemicals_22oct2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-10-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=29ec0d0d-501a-4f5f-813b-b080496bd925&amp;pdfUrl=%2Fupload%2F20201021_commentary_shanxi-coal-integration_21oct2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4fc73093-985f-4d60-b426-7dd6aadfe317&amp;pdfUrl=%2Fupload%2F20201013-commentary_airlines-capital-injection_cn.pdf&amp;type=research</loc>
<lastmod>2020-10-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=c38fa1c6-18ab-466f-8ee3-c3b94e4cb56f&amp;pdfUrl=%2Fupload%2F2020-10-13-commentary_ec-sector_cn.pdf&amp;type=research</loc>
<lastmod>2020-10-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=8758be72-e7e8-4c35-95fb-10e38c4cbfd8&amp;pdfUrl=%2Fupload%2F20201012_commentary_hubei-lgfvs_cn.pdf&amp;type=research</loc>
<lastmod>2020-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=fe36f179-3460-4e79-8406-091249353cde&amp;pdfUrl=%2Fupload%2F20200929_npl-faq_29sep2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-09-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=10b0bda5-f8ad-4768-8fbd-47e37b4bee36&amp;pdfUrl=%2Fupload%2Fcommentary_mega-bank-q2-performance-_18sep2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-09-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4aaea9d4-5722-4290-a4be-9f229a7f7a58&amp;pdfUrl=%2Fupload%2Fcommentary_mega-bank-q2-performance-_18sep2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-09-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4a70012a-284f-4b5f-89db-9fb91a3f5104&amp;pdfUrl=%2Fupload%2Fcommentary_heilongjiang-lgfv_14sep2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6e05dbf9-81ee-4049-9aca-636f3564ada4&amp;pdfUrl=%2Fupload%2Fcommentary_liaoning-lgfvs_14sep2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=293ab961-92a8-48c4-92a5-296c57e16c12&amp;pdfUrl=%2Fupload%2Fcommentary_heilongjiang-lgfv_14sep2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=bd9e2e52-41ea-4958-8bb7-48519f542416&amp;pdfUrl=%2Fupload%2Fcommentary_jilin-lgfvs_14sep2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=ff7856b6-fcf3-4681-883a-cd84421c6dae&amp;pdfUrl=%2Fupload%2Fcommentary_liaoning-lgfvs_14sep2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=69ed120e-ba3e-4169-a0ca-9411047e3c27&amp;pdfUrl=%2Fupload%2Fcommentary_jilin-lgfvs_14sep2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=35e064b1-46f8-4257-aec7-abe8dc3651ad&amp;pdfUrl=%2Fupload%2F20200909_developers-indicative_9sep2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-09-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=f3ccbfcc-3e91-40fc-a79c-c844fa1e9eb3&amp;pdfUrl=%2Fupload%2Fcommentary_developers-indicative_9sep2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-09-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=9a6ed8a0-bb97-439f-ae92-13d63b8d3b84&amp;pdfUrl=%2Fupload%2Fcommentary_regulated-leasing-companies_27aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=69df4848-6398-41d3-bf47-89d224867ae1&amp;pdfUrl=%2Fupload%2Fcommentary_regulated-leasing-companies_27aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3d5f4449-a4fe-48f6-b52d-1127d8ebdc3a&amp;pdfUrl=%2Fupload%2Fcommentary_property-financing-rules_26aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=74cba927-0995-4be7-8d09-ae4c1841a110&amp;pdfUrl=%2Fupload%2Fcommentary_steel-integration_26aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=c76c896a-fadb-419f-ae1a-98d9945fb0c0&amp;pdfUrl=%2Fupload%2Fcommentary_steel-integration_26aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0f5a5806-9c72-452d-b9a4-e7f9ef9de084&amp;pdfUrl=%2Fupload%2Fcommentary_property-financing-rules_26aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=cb789d65-b9ee-41c5-897b-3e80136fec41&amp;pdfUrl=%2Fupload%2Fcommentary_steel_20aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a0e1801e-accb-4832-9dc5-83f576c288e4&amp;pdfUrl=%2Fupload%2Fcommentary_bank-quarterly-2020q2_20aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=6f7dc1bb-0d48-4ce0-b037-071cbbb3ac2e&amp;pdfUrl=%2Fupload%2Fslides_bank-quarterly-2020q2_20aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=744cd50d-f5b3-4e01-b30d-9c8ee42c053b&amp;pdfUrl=%2Fupload%2Fcommentary_bank-quarterly-2020q2_20aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=644cdb12-7f0d-4942-9a86-96b95ce22c2e&amp;pdfUrl=%2Fupload%2Fslides_bank-quarterly-2020q2_20aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=11afbfd8-77e2-478a-81a1-e1e922534bdb&amp;pdfUrl=%2Fupload%2Fcommentary_steel_20aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=be3786b1-77a0-4f3d-8faf-db46e44571f8&amp;pdfUrl=%2Fupload%2Fcommentary_ifrs-9-provisioning_12aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=fde5c359-8287-49cd-ab08-60852cd68149&amp;pdfUrl=%2Fupload%2Fcommentary_ifrs-9-provisioning_12aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2020-08-06-bama_cn</loc>
<lastmod>2020-08-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2020-8-6-bama_cn</loc>
<lastmod>2020-08-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=9b202017-7942-4a04-b87d-42c309299ab3&amp;pdfUrl=%2Fupload%2Fcommentary_parcel-delivery-companies-_3aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=0ec060e0-9554-49cd-b5df-72d8235dd714&amp;pdfUrl=%2Fupload%2Fcommentary_amcs_3aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=9e8813e7-1030-4d13-9b6d-55a8cf5481fd&amp;pdfUrl=%2Fupload%2Fcommentary_amcs_3aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2a0add81-a58b-452e-9edf-791a53d68dff&amp;pdfUrl=%2Fupload%2Fcommentary_parcel-delivery-companies-_3aug2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-08-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=83302429-f867-4728-bd92-205087a6d60a&amp;pdfUrl=%2Fupload%2Fcommentary_hebei-lgfvs_24july2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=80325e89-c42b-4a8e-aec8-1e8f657eea54&amp;pdfUrl=%2Fupload%2Fcommentary_hebei-lgfvs_24july2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7ea937ce-e956-41ed-b4f7-ac76580f82b0&amp;pdfUrl=%2Fupload%2Fcommentary_tianjin-lgfvs_24july2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=87e634be-1e23-400d-80c3-8e433b82be50&amp;pdfUrl=%2Fupload%2Fcommentary_tianjin-lgfvs_24july2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=eb2ee23c-28c6-4cc3-bff9-efe4b1f67e8f&amp;pdfUrl=%2Fupload%2Fcommentary_shanxi-lgfvs_16july2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-07-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=a4aebb23-2c94-40c2-9a0b-f6026f176eff&amp;pdfUrl=%2Fupload%2Fcommentary_inner-mongolia-lgfvs_16july2020_cn_updated.pdf&amp;type=research</loc>
<lastmod>2020-07-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=193d9154-a70c-4349-a1d5-1124a686f8e1&amp;pdfUrl=%2Fupload%2Fcommentary_inner-mongolia-lgfvs_16july2020_cn_updated.pdf&amp;type=research</loc>
<lastmod>2020-07-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=385f3540-c4ae-4bdb-ba28-4f71a3f81658&amp;pdfUrl=%2Fupload%2Fcommentary_shanxi-lgfvs_16july2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-07-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=c6217860-62d5-48da-a616-eb9283f4df7e&amp;pdfUrl=%2Fupload%2Fcommentary_shareholder-misbehavior_13july2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=66e6134d-5c07-4bff-8b90-e1ecd4f9a2e9&amp;pdfUrl=%2Fupload%2Fcommentary_shareholder-misbehavior_13july2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=9bd2c9b2-9035-416c-a4e2-73f5cf5a8d60&amp;pdfUrl=%2Fupload%2Fcommentary_hybrid-bonds_1july2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-07-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=035bca0d-eb13-479f-b36f-faa83f434222&amp;pdfUrl=%2Fupload%2Fcommentary_hybrid-bonds_1july2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-07-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=3976cb9d-1e90-4863-a432-17f93b618a58&amp;pdfUrl=%2Fupload%2Fcommentary_joint-stock-banks_15june2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-06-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=dd3dcd37-9446-4675-9a33-82df9db6ab64&amp;pdfUrl=%2Fupload%2Fcommentary_joint-stock-banks_15june2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-06-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=363b80ec-a9e5-4c22-9be7-bf3ace685cbd&amp;pdfUrl=%2Fupload%2Fcommentary_jiangsu-lgfvs_4june2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-06-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=3dd01418-f4c5-4f83-91f3-0984075ecf56&amp;pdfUrl=%2Fupload%2Fcommentary_shandong-lgfvs_4june2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-06-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b83c23bc-2afd-4fbc-97e4-a5863141c47c&amp;pdfUrl=%2Fupload%2Fcommentary_jiangsu-lgfvs_4june2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-06-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=0fc9244a-4755-4031-bd0f-da541cafe71d&amp;pdfUrl=%2Fupload%2Fcommentary_shandong-lgfvs_4june2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-06-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6f1ec069-9274-4de3-ae7b-b7ff7f151650&amp;pdfUrl=%2Fupload%2Fcommentary_bank-affiliated-financial-leasing-companies_1june2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-06-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e2eeb833-d3de-454d-982e-3a055380c9e9&amp;pdfUrl=%2Fupload%2Fcommentary_bank-affiliated-financial-leasing-companies_1june2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-06-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=a4763f1e-6239-4787-8586-d3a3decc246d&amp;pdfUrl=%2Fupload%2Fcommentary_developer-results_29may2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-05-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6f735638-138e-4a7f-aa8f-a187cbcc2284&amp;pdfUrl=%2Fupload%2Fcommentary_developer-results_29may2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-05-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=180344cd-9f1a-4043-ad51-a0e30f904e0e&amp;pdfUrl=https%3A%2F%2Fwww.spgchinaratings.cn%2Finsights%2Farticles%2Fcommentary_bank-affiliated-financial-leasing-companies_1june2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-05-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=76094d99-d97b-4faf-91db-f47ed116bca7&amp;pdfUrl=%2Fupload%2Fcommentary_bank-affiliated-financial-leasing-companies_1june2020_cn%2520%281%29.pdf&amp;type=research</loc>
<lastmod>2020-05-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1c7d6ddc-cd89-4ceb-bfaa-6fdd56da8d31&amp;pdfUrl=%2Fupload%2Fcommentary_auto-finance_25may2020_cn_corrected.pdf&amp;type=research</loc>
<lastmod>2020-05-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=376cff41-e3bd-47d9-bfdf-ffeae74ace3c&amp;pdfUrl=%2Fupload%2Fcommentary_auto-finance_25may2020_cn_corrected.pdf&amp;type=research</loc>
<lastmod>2020-05-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=3265d84e-9463-4042-8e91-1081ecf4bfd1&amp;pdfUrl=%2Fupload%2Fcommentary_yunnan-lgfvs_21may2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1c68d897-4d6f-4412-bc18-e4e741c03bea&amp;pdfUrl=%2Fupload%2Fcommentary_sichuan-lgfvs_21may2020_cn_revised.pdf&amp;type=research</loc>
<lastmod>2020-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4031e9ee-387c-4c77-97e8-03b5d61988f5&amp;pdfUrl=%2Fupload%2Fcommentary_chongqing-lgfvs_21may2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7051588e-5c7a-47b8-a1ba-aef25c4b2b59&amp;pdfUrl=%2Fupload%2Fcommentary_sichuan-lgfvs_21may2020_cn_revised.pdf&amp;type=research</loc>
<lastmod>2020-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=0990956c-87fd-4bc1-9a58-c9863d82e961&amp;pdfUrl=%2Fupload%2Fcommentary_chongqing-lgfvs_21may2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=79c1486b-5b0a-4e9b-a422-62ba8f5b1cb9&amp;pdfUrl=%2Fupload%2Fcommentary_yunnan-lgfvs_21may2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=755c252e-f060-4d01-91e6-3f94cfd2c449&amp;pdfUrl=%2Fupload%2Fslides_bank-results-2020q1_cn.pdf&amp;type=research</loc>
<lastmod>2020-05-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=8b1aed37-f892-42a4-ac09-8096c9763257&amp;pdfUrl=%2Fupload%2Fslides_bank-results-2020q1_cn.pdf&amp;type=research</loc>
<lastmod>2020-05-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=35cc0129-ba8f-484b-94cb-b39588acdda0&amp;pdfUrl=%2Fupload%2Fcommentary_bank-results-2020q1_cn.pdf&amp;type=research</loc>
<lastmod>2020-05-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6c39c6f1-2b4b-4b65-911e-aca18e504423&amp;pdfUrl=%2Fupload%2Fcommentary_bank-results-2020q1_cn.pdf&amp;type=research</loc>
<lastmod>2020-05-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=62fd460b-46b6-471b-8702-e3405558286a&amp;pdfUrl=%2Fupload%2Fcommentary_mega-bank-q1-performance_11may2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-05-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=fcd97097-3bf8-4ec1-93d6-3badf3e3701c&amp;pdfUrl=%2Fupload%2Fcommentary_jiangxi-lgfvs_11may2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-05-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=91a682ed-6dcc-43f0-99a7-d97b093e953c&amp;pdfUrl=%2Fupload%2Fcommentary_mega-bank-q1-performance_11may2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-05-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=99771d1c-a19c-4b32-b0c8-48d3db90325f&amp;pdfUrl=%2Fupload%2Fcommentary_jiangxi-lgfvs_11may2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-05-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=7a6df0fa-6ec8-400d-a8c1-0dca9fd55022&amp;pdfUrl=%2Fupload%2Fcommentary_rmbs-overview_30apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2020-4-30-fi-banking-roundtable</loc>
<lastmod>2020-04-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2c4bda4d-bbe7-40d7-b0a0-02007da378d8&amp;pdfUrl=%2Fupload%2Fneed_manual&amp;type=research</loc>
<lastmod>2020-04-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=e3f8d72c-58ab-4450-9787-a4fbb55a722d&amp;pdfUrl=%2Fupload%2Fcommentary_rmbs-overview_30apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=e0a1b51a-4e67-4a46-a58e-7d6fc63f95f0&amp;pdfUrl=%2Fupload%2Fslides_covid-19-on-industries_28apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=7f83267c-9d0f-4942-b8ab-d32b2232802c&amp;pdfUrl=%2Fupload%2Fslides_covid-19-on-industries_28apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=4c16a3bb-5360-4602-9f3d-636d344a0ed4&amp;pdfUrl=%2Fupload%2Fcommentary_mega-banks_24apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/mainPdf?name=d997757b-05aa-4b7c-adca-8af398ba4faa&amp;pdfUrl=%2Fupload%2Fcommentary_mega-banks_24apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2020-04-23-lgfv-roundtable</loc>
<lastmod>2020-04-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2020-4-23-lgfv-roundtable</loc>
<lastmod>2020-04-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=465d2ceb-8fea-4863-9434-146c39b788b5&amp;pdfUrl=%2Fupload%2Fcommentary_fujian-lgfvs_22apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=8d11b79b-42c8-49dd-bcc8-bd45c2a352cc&amp;pdfUrl=%2Fupload%2Fcommentary_guangxi-lgfvs_22apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=558c3726-6b98-4ce3-b180-21bf6b29a8c7&amp;pdfUrl=%2Fupload%2Fcommentary_fujian-lgfvs_22apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=0e88a748-950c-4f7e-ae26-ca6c16e5efca&amp;pdfUrl=%2Fupload%2Fcommentary_guangxi-lgfvs_22apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=efe648cf-a6b2-4efc-9a06-48ae8e73e46e&amp;pdfUrl=%2Fupload%2Fcommentary_shaanxi-lgfvs_20apr2020_cn_corrected.pdf&amp;type=research</loc>
<lastmod>2020-04-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=f9ed9b21-b8b8-4fa2-9817-023e4ddf7cde&amp;pdfUrl=%2Fupload%2Fcommentary_henan-lgfvs_20apr2020_cn_final.pdf&amp;type=research</loc>
<lastmod>2020-04-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=bc41ad44-a27d-40c1-861d-44bf14032dc0&amp;pdfUrl=%2Fupload%2Fcommentary_shaanxi-lgfvs_20apr2020_cn_corrected.pdf&amp;type=research</loc>
<lastmod>2020-04-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=5b92d02d-cff1-4d54-95fc-3a6c07479f3d&amp;pdfUrl=%2Fupload%2Fcommentary_henan-lgfvs_20apr2020_cn_final.pdf&amp;type=research</loc>
<lastmod>2020-04-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2020-4-13-default-events-roundtable</loc>
<lastmod>2020-04-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d6efcb25-d93b-4e2d-a8ef-6c288bab395f&amp;pdfUrl=%2Fupload%2Fcommentary_guangdong-lgfvs_13apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=1520aa2f-f240-46ce-883e-91a1333b4100&amp;pdfUrl=%2Fupload%2Fcommentary_guangdong-lgfvs_13apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4fbb4a59-c0ff-4321-84dd-b4352cd47fe6&amp;pdfUrl=%2Fupload%2Fcommentary_covid-19-on-developers_13arp2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=f887faba-5f04-408e-b4da-773dcf9f9b9e&amp;pdfUrl=%2Fupload%2Fcommentary_anhui-lgfvs_13apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b71156d9-5697-4f1a-b31e-0d973a7be329&amp;pdfUrl=%2Fupload%2Fcommentary_covid-19-on-developers_13arp2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=bc3f4420-a32f-4fcf-b517-81610330d272&amp;pdfUrl=%2Fupload%2Fcommentary_anhui-lgfvs_13apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2020-04-13-default-events-roundtable</loc>
<lastmod>2020-04-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2020-04-09-corp-lgfv-roundtable</loc>
<lastmod>2020-04-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2020-4-9-corp-lgfv-roundtable</loc>
<lastmod>2020-04-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=faf26038-cb91-4d1a-9192-f149eab9e4d0&amp;pdfUrl=%2Fupload%2Fcommentary-zhejiang-lgfvs_2apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=bddf3be8-ed6f-4adc-8d18-5e43ec25e9e0&amp;pdfUrl=%2Fupload%2Fcommentary-zhejiang-lgfvs_2apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=0e74a5bf-eecb-4bdb-b78e-05d88f3acd32&amp;pdfUrl=%2Fupload%2Fcommentary_hunan-lgfvs_2apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=685f23e2-30fa-4d51-bbaf-77576de427fc&amp;pdfUrl=%2Fupload%2Fcommentary_hunan-lgfvs_2apr2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-04-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6126bbe7-b6ec-4aae-b09f-f9425d708cb6&amp;pdfUrl=%2Fupload%2Fcommentary_city-banks_24mar2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-03-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2717116e-725b-4140-a05d-83317e63f195&amp;pdfUrl=%2Fupload%2Fcommentary_rural-banks_24mar2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-03-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=cbdd5f56-da9e-4b0f-b651-19b2c9f25f4c&amp;pdfUrl=%2Fupload%2Fcommentary_rural-banks_24mar2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-03-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=401bbfa2-b0da-4df0-a94d-693466d34903&amp;pdfUrl=%2Fupload%2Fcommentary_city-banks_24mar2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-03-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=86198b06-94a6-4f0f-b7b7-c0631ff2839f&amp;pdfUrl=%2Fupload%2Fcommentary_defaults_23mar2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-03-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=acb68c35-833e-4256-884c-972e9a056798&amp;pdfUrl=%2Fupload%2Fcommentary_defaults_23mar2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-03-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2020-3-30-poes-roundtable</loc>
<lastmod>2020-03-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2020-03-30-poes-roundtable</loc>
<lastmod>2020-03-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=fce02146-052e-484b-8916-12f7a1531793&amp;pdfUrl=%2Fupload%2Fcommentary_poes_16mar2020_cn_final.pdf&amp;type=research</loc>
<lastmod>2020-03-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=af523959-b2de-4fa9-8513-2e285398a8ad&amp;pdfUrl=%2Fupload%2Fcommentary_poes_16mar2020_cn_final.pdf&amp;type=research</loc>
<lastmod>2020-03-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=d29a363a-2b00-4d75-8c16-98791e077281&amp;pdfUrl=%2Fupload%2Fcommentary_auto-loan-market_10mar2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-03-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=f5329737-b4c1-4997-88c4-9fcfd7a05ccd&amp;pdfUrl=%2Fupload%2Fcommentary_auto-loan-market_10mar2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-03-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b8bb1d10-1827-4c5f-a0fd-1ce105c13e4c&amp;pdfUrl=%2Fupload%2Fcommentary_china-corporate-outlook-2020_4mar2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-03-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b42a94c4-be4d-49e1-90bb-019cc55ab04c&amp;pdfUrl=%2Fupload%2Fcommentary_china-corporate-outlook-2020_4mar2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-03-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=5d91ef44-6327-4949-9cd0-e2cfbe596937&amp;pdfUrl=%2Fupload%2F_updated.pdf&amp;type=research</loc>
<lastmod>2020-03-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=5b6812a6-e787-480d-aa82-5fec478ad983&amp;pdfUrl=%2Fupload%2F_updated.pdf&amp;type=research</loc>
<lastmod>2020-03-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=ebf1be2d-0308-44e6-a1e0-e9a01b94768b&amp;pdfUrl=%2Fupload%2Fcommentary_foreign-bank-subsidiaries-26feb2020_cn_final.pdf&amp;type=research</loc>
<lastmod>2020-02-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=0bbc4c59-b6a3-4113-bf43-3565ebaab1cc&amp;pdfUrl=%2Fupload%2Fcommentary_foreign-bank-subsidiaries-26feb2020_cn_final.pdf&amp;type=research</loc>
<lastmod>2020-02-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4b78381c-05b6-4636-9c37-593e38992437&amp;pdfUrl=%2Fupload%2Fcommentary_coronavirus_19feb2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-02-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=9bf17b2c-a243-46dd-8f12-521b8be696f6&amp;pdfUrl=%2Fupload%2Fcommentary_coronavirus_19feb2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-02-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=76bb281b-cc62-4b42-81bf-c0cd420aa1cf&amp;pdfUrl=%2Fupload%2Fcommentary_mega-banks_9jan2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-01-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=068543f4-a7fb-4197-bb85-35a6dfc556fc&amp;pdfUrl=%2Fupload%2Fcommentary_mega-banks_9jan2020_cn.pdf&amp;type=research</loc>
<lastmod>2020-01-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=4850dc3c-4da9-4603-a29d-15000024559f&amp;pdfUrl=%2Fupload%2F20191127_china-residential-mortgage-market-credit-performance-outlook-2020_cn.pdf&amp;type=research</loc>
<lastmod>2019-11-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=5f2f41bd-6577-41c5-9f32-1e5291c095f2&amp;pdfUrl=%2Fupload%2Fneed_manual&amp;type=research</loc>
<lastmod>2019-11-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=82bdbf08-d86d-4eef-84af-cee8f9e4ee92&amp;pdfUrl=%2Fupload%2Fneed_manual&amp;type=research</loc>
<lastmod>2019-11-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=ea87d52f-f3a4-448d-a887-3bbd8401685f&amp;pdfUrl=%2Fupload%2F20191021_diversity-across-china-s-banking-system-a-deep-dive_.pdf&amp;type=research</loc>
<lastmod>2019-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=06c6f39e-a339-4f67-9da7-c9482cb53c25&amp;pdfUrl=%2Fupload%2Fcommentary_power_renyuan-zhang_cn.pdf&amp;type=research</loc>
<lastmod>2019-10-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=70b931b3-bf51-48ee-843b-6becb5cdb462&amp;pdfUrl=%2Fupload%2Fcommentary_power_renyuan-zhang_cn.pdf&amp;type=research</loc>
<lastmod>2019-10-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6c5b7c54-d455-452c-8cfe-431b1541a2f6&amp;pdfUrl=%2Fupload%2Fcommentary_power_renyuan-zhang_cn.pdf&amp;type=research</loc>
<lastmod>2019-10-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=6d67d795-b557-45b2-a111-fdace759a1e9&amp;pdfUrl=%2Fupload%2Fcommentary_power_renyuan-zhang_cn.pdf&amp;type=research</loc>
<lastmod>2019-10-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=00d9a38f-7e2b-478e-8750-92cdeff32af7&amp;pdfUrl=%2Fupload%2F20190918_paths-diverge-for-china-s-clamped-developers_cn.pdf&amp;type=research</loc>
<lastmod>2019-09-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=33fc0a5f-d035-4895-b4a1-27be56865f34&amp;pdfUrl=%2Fupload%2F20190829_renewable-energy-subsidies-are-gradually-drifting-away_cn.pdf&amp;type=research</loc>
<lastmod>2019-08-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=bbb101da-3491-4819-94e3-974f80711baf&amp;pdfUrl=%2Fupload%2Fchina-corporate-outlook_midyear-2019_cn.pdf.pdf&amp;type=research</loc>
<lastmod>2019-08-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=b4dfab62-ea87-4e94-a949-7d5ccc2799ac&amp;pdfUrl=%2Fupload%2F20190702_china-s-developers-need-inventories-to-fuel-cash-generation_cn.pdf&amp;type=research</loc>
<lastmod>2019-07-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2019-01-08-response-to-the-risk-of-overseas-refinancing-2019-what-is-the-trick-of-the-financing-platform</loc>
<lastmod>2019-01-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2018-12-07-bank-financing-subsidiary-service-for-traditional-asset-management-industry</loc>
<lastmod>2018-12-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2018-11-30-too-big-to-fail-new-risk-framework</loc>
<lastmod>2018-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/20181125-china-promotes-the-transformation-of-the-automotive-industry-is-beneficial-to-leading-technology-companies</loc>
<lastmod>2018-11-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2018-11-25-the-reason-for-upgrading-the-credit-status-of-chinas-provincial-governments</loc>
<lastmod>2018-11-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=2cb130d4-fafb-40f3-b641-47ca995d00f8&amp;pdfUrl=%2Fupload%2Fbank-.pdf&amp;type=research</loc>
<lastmod>2018-10-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2018-10-17-the-next-step-in-state-owned-enterprise-reform-shrinking-the-scope-of-government-support</loc>
<lastmod>2018-10-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/abstractPdf?name=fb07fb29-adb0-4769-a2e9-9be120b6c6bb&amp;pdfUrl=%2Fupload%2Fenterprise-.pdf&amp;type=research</loc>
<lastmod>2018-10-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2019-1-8-30-insurance-companies-in-china</loc>
<lastmod>2018-10-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2018-04-01-china-one-belt-one-road-the-largest-risk-investment-project</loc>
<lastmod>2018-04-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/research/2017-10-10-asset-securitization-plays-a-small-but-definite-role-in-chinas-deleveraging-process</loc>
<lastmod>2017-10-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20251223_REITs_police</loc>
<lastmod>2025-12-25T15:08:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20251223_Auto_Outlook</loc>
<lastmod>2025-12-24T14:59:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20251218_2026_banking_outlook</loc>
<lastmod>2025-12-18T14:54:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20251203_sf_oversea_abs</loc>
<lastmod>2025-12-03T14:47:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20251111_2025Q3_LGFV_credit_insight</loc>
<lastmod>2025-11-11T14:38:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20250828_abs-market-2025-midyear-review-outlook</loc>
<lastmod>2025-08-28T17:32:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20250716_commercial-banks-retail-profit-decline-jscb-ccb-pressure</loc>
<lastmod>2025-07-16T17:40:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20250702_coal-price-decline-industry-outlook-comparison</loc>
<lastmod>2025-07-02T17:42:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20250422_tariff-impact-china-nine-manufacturing-sectors</loc>
<lastmod>2025-06-05T17:48:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20250605_hunan-debt-resolution-credit-restoration-case</loc>
<lastmod>2025-06-05T17:46:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20250328_post-npc-credit-trends-major-sectors</loc>
<lastmod>2025-03-28T17:51:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20250327_property-market-stabilization-policy-impact</loc>
<lastmod>2025-03-27T17:53:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20241224_2025-real-estate-outlook</loc>
<lastmod>2024-12-24T18:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20241220_structured-finance-2024-recap-and-2025-outlook</loc>
<lastmod>2024-12-20T17:57:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20241217_lgfv-2025-outlook-development-and-debt-resolution</loc>
<lastmod>2024-12-17T18:02:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20241022_water-utility-sector-bond-issuer-credit-guide</loc>
<lastmod>2024-10-22T18:06:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20241017_financial-institutions-credit-sentiment-analysis</loc>
<lastmod>2024-10-17T18:09:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240925_hog-producers-profit-recovery-liquidity</loc>
<lastmod>2024-09-25T18:17:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240919_bank-interim-reports-and-hot-topics-review</loc>
<lastmod>2024-09-19T18:20:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240918_singapore-public-housing-model-china-reference</loc>
<lastmod>2024-09-18T18:31:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240913_securities-sector-recent-developments</loc>
<lastmod>2024-09-14T18:34:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240904_auto-credit-uneven-capacity-utilization-and-laggards</loc>
<lastmod>2024-09-04T18:36:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240821_china-semiconductor-credit-features-of-leading-chip-firms</loc>
<lastmod>2024-08-21T18:38:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240815_lgfv-nonstandard-finance-trends-debt-resolution-focus</loc>
<lastmod>2024-08-15T18:40:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240805_transport-infrastructures-steady-recovery-outlook</loc>
<lastmod>2024-08-05T18:43:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240811_auto-credit-tariff-impact-on-chinese-and-global-oems</loc>
<lastmod>2024-08-01T18:46:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240729_2024mid-year-industry-credit-trends-outlook</loc>
<lastmod>2024-07-29T18:48:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240716_china-power-sector-credit-wind-solar-leverage-up</loc>
<lastmod>2024-07-16T18:52:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240710_china-vs-global-construction-machinery-giants-comparison</loc>
<lastmod>2024-07-10T18:54:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240704_china-vs-global-chemical-giants-comparison</loc>
<lastmod>2024-07-04T18:56:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240627_bank-capital-resilience</loc>
<lastmod>2024-06-27T18:58:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240626_china-property-forecast-15pct-decline</loc>
<lastmod>2024-06-26T19:01:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240613_why-investment-holdings-enjoy-better-credit</loc>
<lastmod>2024-06-13T19:04:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240612_steel-industry-navigating-the-downturn</loc>
<lastmod>2024-06-12T19:07:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240606_impact-of-quarterly-shifts-and-property-policies-on-lgfvs</loc>
<lastmod>2024-06-06T19:09:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240530_navigating-challenges-for-lgfvs-2023-financial-analysis</loc>
<lastmod>2024-05-30T19:11:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240529_covered-bonds-secured-by-overseas-assets</loc>
<lastmod>2024-05-29T19:14:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240528_auto-manufacturing-used-car-replacement-policy-and-annual-report-review</loc>
<lastmod>2024-05-28T19:15:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240523_china-property-rescue-policies-517-new-deal-and-home-swap-schemes</loc>
<lastmod>2024-05-23T19:17:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240522_webinar-impact-of-banking-nim-compression-on-credit-quality</loc>
<lastmod>2024-05-22T19:19:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240520_webinar-on-risk-assessment-for-amcs</loc>
<lastmod>2024-05-20T19:26:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240515_china-property-sector-liquidity-pressure-and-vanke-debt-test</loc>
<lastmod>2024-05-15T19:28:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240514_construction-machinery-manufacturers-financial-profile</loc>
<lastmod>2024-05-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240227_tlac-non-capital-bond</loc>
<lastmod>2024-02-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20240201_key-risk-tracking-for-banking-in-2024</loc>
<lastmod>2024-02-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20231218_2024-credit-outlook</loc>
<lastmod>2023-12-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20231013_chinese-bank</loc>
<lastmod>2023-10-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230926_financial-leasing</loc>
<lastmod>2023-09-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230921_securities-company-study</loc>
<lastmod>2023-09-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230915_foreign-banks-outlook</loc>
<lastmod>2023-09-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230905_lgfv-quarter-insight</loc>
<lastmod>2023-09-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230829_financial-holding-company</loc>
<lastmod>2023-08-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230815_midyear-industry-credit-trend</loc>
<lastmod>2023-08-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230801_banking-outlook</loc>
<lastmod>2023-08-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230728_auto-financial-company-research</loc>
<lastmod>2023-07-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230526_financial-asset-investment-company-research</loc>
<lastmod>2023-05-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230516_-real-estate-banks-research</loc>
<lastmod>2023-05-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230403_-impact-of-euusa-banks-for-domestic-bank</loc>
<lastmod>2023-04-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230329_lgfv-faq</loc>
<lastmod>2023-03-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230316_-lgfvbanks-research</loc>
<lastmod>2023-03-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230223_-securities-company-research</loc>
<lastmod>2023-02-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230214_-guarantor-webcast</loc>
<lastmod>2023-02-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230117_2023-credit-trend</loc>
<lastmod>2023-01-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230106_-domestic-bank-2023outlook</loc>
<lastmod>2023-01-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20230105_-hsbc</loc>
<lastmod>2023-01-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20221209_-fi_amc-company-research</loc>
<lastmod>2022-12-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20221018_-fi_consumer-finance-company-research</loc>
<lastmod>2022-10-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220928_-fi_hit_topic</loc>
<lastmod>2022-09-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220906_midyear-trend-fi-banking</loc>
<lastmod>2022-09-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220825_midyear-trend-automobility</loc>
<lastmod>2022-08-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220823_midyear-trend-rmbs-auto-abs</loc>
<lastmod>2022-08-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220818_midyear-trend-bulk-commodities</loc>
<lastmod>2022-08-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220816_midyear-trend-real-estate</loc>
<lastmod>2022-08-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220815_midyear-trend-lgfv</loc>
<lastmod>2022-08-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220718_y2022-fi-ratings-intro</loc>
<lastmod>2022-07-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220519_lgfv-methodology</loc>
<lastmod>2022-05-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220518_rencent-credit-risks-topic</loc>
<lastmod>2022-05-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220517_hybrid-securities-methodology</loc>
<lastmod>2022-05-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220512-corps_ratings_methodology</loc>
<lastmod>2022-05-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220510_how-to-assess-fincos</loc>
<lastmod>2022-05-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220428_banking_ratings_methodology</loc>
<lastmod>2022-04-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220427_amc-research</loc>
<lastmod>2022-04-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220413-midea-group-rating-action</loc>
<lastmod>2022-04-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220407_how-to-assess-business-position-and-fundingliquidity-of-commercial-banks</loc>
<lastmod>2022-04-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220315_commentary_banks-risk-position_cn</loc>
<lastmod>2022-03-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220309_china-credit-market-transparency_cn</loc>
<lastmod>2022-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220302_commentary_privaterural_banking_cn</loc>
<lastmod>2022-03-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220222_commentary_broker_cn</loc>
<lastmod>2022-02-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220215_regulatedcommercial-leasing_cn</loc>
<lastmod>2022-02-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220125_2022-china-credit-outlook_cn</loc>
<lastmod>2022-01-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220121_2022-china-insurance-outlook_cn</loc>
<lastmod>2022-01-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20220114_financial-institution-surveillance-rating_cn</loc>
<lastmod>2022-01-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20211227_city-banks_cn</loc>
<lastmod>2021-12-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20211210_commentary_developer_research_cn</loc>
<lastmod>2021-12-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20211207_auto-finance_cn</loc>
<lastmod>2021-12-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20211130_china-s-banking-sector_cn</loc>
<lastmod>2021-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20211123_real-estate_research_cn</loc>
<lastmod>2021-11-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20211122_real-estate-outlook_cn</loc>
<lastmod>2021-11-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20211117_financial-holding-group_cn</loc>
<lastmod>2021-11-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20211110_abs-rating_cn</loc>
<lastmod>2021-11-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20211018_domestic-bank_cn</loc>
<lastmod>2021-10-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20211012_financial-institution-methods-cn</loc>
<lastmod>2021-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210929_property-insurance_cn</loc>
<lastmod>2021-09-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210928_commentary-subway-industry_cn</loc>
<lastmod>2021-09-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210924_approach-banks-capitalearnings_cn</loc>
<lastmod>2021-09-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210917_foreign-bank-research_cn</loc>
<lastmod>2021-09-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210910_commentary_fhc_2021_cn</loc>
<lastmod>2021-09-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210906_2021china_credit-forum</loc>
<lastmod>2021-09-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210903_bank-quarterly-2021q2_cn</loc>
<lastmod>2021-09-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210820_captive-financing-companies_cn</loc>
<lastmod>2021-08-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210819_real-estate-liquidity-risk_cn</loc>
<lastmod>2021-08-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210818_airport-industry_cn</loc>
<lastmod>2021-08-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210813_govt-support-of-fis_cn</loc>
<lastmod>2021-08-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210806_rating-action_boc_cn_</loc>
<lastmod>2021-08-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210805_policy-tightening-on-urban-investment_cn</loc>
<lastmod>2021-08-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210723_yangtze-river-delta-credit-summit_cn</loc>
<lastmod>2021-07-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210715_foreign-bank-subsidiaries-support_cn</loc>
<lastmod>2021-07-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210708_-fi_quantitative-and-qualitative-analysis-skills_cn</loc>
<lastmod>2021-07-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210623_-fi_hybrid-bonds_cn</loc>
<lastmod>2021-06-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210618_-fi_rating-methodology2_cn</loc>
<lastmod>2021-06-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210610_-fi_rating-methodology1_cn</loc>
<lastmod>2021-06-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210521_bank-quarterly-2021q1_cn</loc>
<lastmod>2021-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210330_rating-action_srcb_cn</loc>
<lastmod>2021-03-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210325_2nd-anniversary-summit_cn</loc>
<lastmod>2021-03-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210315_rating-action_credit-agricole_cn</loc>
<lastmod>2021-03-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210311_commercial-leasing_cn</loc>
<lastmod>2021-03-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210308_rating-action_bscomc_cn</loc>
<lastmod>2021-03-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210304_power-generation-ranking-research_cn</loc>
<lastmod>2021-03-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210303_bank-quarterly-2020q4_cn</loc>
<lastmod>2021-03-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210301_rating-action_jpm-china_cn</loc>
<lastmod>2021-03-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210204_tech-software_cn</loc>
<lastmod>2021-02-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210203_rating-action_civil-infrastructure_cn</loc>
<lastmod>2021-02-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210125_regional-bank-credit-differentiation_cn</loc>
<lastmod>2021-01-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210122_highway-research_cn</loc>
<lastmod>2021-01-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210121_rating-action_ccb_cn</loc>
<lastmod>2021-01-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210114_rating-action_hsbc-china_cn</loc>
<lastmod>2021-01-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210112_2021-china-credit-outlook_cn</loc>
<lastmod>2021-01-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20210105_rating-action_silkroad_cn</loc>
<lastmod>2021-01-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200924_lgfv-northeast_cn</loc>
<lastmod>2020-09-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200915_courier-webcast_cn</loc>
<lastmod>2020-09-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200902_major-finance-companies_cn</loc>
<lastmod>2020-09-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200826_steel-industry_cn</loc>
<lastmod>2020-08-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200824_q2-banking-performance_cn</loc>
<lastmod>2020-08-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200811_icbc-financial-leasing_cn</loc>
<lastmod>2020-08-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200807_amc-research-commentary_cn</loc>
<lastmod>2020-08-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200730_lgfv-north-china_cn</loc>
<lastmod>2020-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200724_default_cn</loc>
<lastmod>2020-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200710_property_cn</loc>
<lastmod>2020-07-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200703_hybrid-bonds_cn</loc>
<lastmod>2020-07-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200623_lgfvs-eastern-province_cn</loc>
<lastmod>2020-06-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200619_joint-stock-bank_cn</loc>
<lastmod>2020-06-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200611_panda-bond_cn</loc>
<lastmod>2020-06-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200529_auto-finance_cn</loc>
<lastmod>2020-05-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200528_lgfv-southwestern_cn</loc>
<lastmod>2020-05-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200521_banking-q1-performance_cn</loc>
<lastmod>2020-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200430_commercial-banks_cn</loc>
<lastmod>2020-05-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200508_mega-banks_cn</loc>
<lastmod>2020-05-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200424_coronavirus-impact_cn</loc>
<lastmod>2020-04-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200423_lgfv-anhui-guangdong-henan-shaanxi_cn</loc>
<lastmod>2020-04-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200416_commodity_cn</loc>
<lastmod>2020-04-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200409_lgfv-zhejiang-hunan_cn</loc>
<lastmod>2020-04-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200331_rural-bank_cn</loc>
<lastmod>2020-03-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200327_city-bank_cn</loc>
<lastmod>2020-03-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200326_default_cn</loc>
<lastmod>2020-03-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200319_poes_cn</loc>
<lastmod>2020-03-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200312_abs_cn</loc>
<lastmod>2020-03-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200306_srcb_cn</loc>
<lastmod>2020-03-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200305_2020-outlook_cn</loc>
<lastmod>2020-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200227_jpm_cn</loc>
<lastmod>2020-02-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200220_coronavirus-_cn</loc>
<lastmod>2020-02-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/events/20200109_postal-savings-bank_cn</loc>
<lastmod>2020-01-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20250425_methodology_panda-bond_cn</loc>
<lastmod>2026-09-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20260403_rating-definition_cn</loc>
<lastmod>2026-06-23T11:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/Technology-Innovation-Enterprises</loc>
<lastmod>2026-06-18T16:56:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20250520_methodology_corporate-methodology-update_cn</loc>
<lastmod>2026-06-18T09:01:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20231222_methodology_supplemental-methodology-insurance_cn</loc>
<lastmod>2026-06-18T08:29:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20241211_methodology_mli_cn</loc>
<lastmod>2026-06-18T08:27:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20250515_methodology_financial-institutions-methodology_cn</loc>
<lastmod>2026-06-18T08:01:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/Standard_and_Poor_Credit_Rating_Methodology_for_China_Hybrid_Capital_Instruments</loc>
<lastmod>2026-05-06T08:10:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20231222_methodology_spc-supplemental-methodology-transportation-infrastructure-industry_cn</loc>
<lastmod>2026-04-28T09:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20231222_methodology_spc-supplemental-methodology-industrials-industry_cn</loc>
<lastmod>2026-04-28T08:57:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20231222_methodology_spc-supplemental-methodology-corporates-consumer-goods_cn</loc>
<lastmod>2026-04-28T08:56:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20231222_criteria_spc-supplemental-methodology-corporates-materials_cn</loc>
<lastmod>2026-04-28T08:55:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20231222_criteria_spc-supplemental-methodology-technology-and-telecommunication-industry_cn</loc>
<lastmod>2026-04-28T08:53:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20231222_methodology_spc-supplemental-methodology-corporates-utilities_cn</loc>
<lastmod>2026-04-28T08:50:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20231222_methodology_spc-supplemental-methodology-energy-industry_cn</loc>
<lastmod>2026-04-28T08:49:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20231222_criteria_spc-supplemental-methodology-property-industry_cn</loc>
<lastmod>2026-04-28T08:46:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20190521_criteria_spc-supplemental-methodology-corporates-consumer-discretionary_cn</loc>
<lastmod>2026-04-28T08:45:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/biao-pu-xin-yong-ping-ji-zhong-guo-bu-chong-ping-ji-fang-fa-lun--tou-zi-kong-gu-gong-si</loc>
<lastmod>2026-04-28T08:36:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20231222_criteria_spc-supplemental-methodology-general_cn</loc>
<lastmod>2026-04-28T08:35:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20250701_sf_methodology</loc>
<lastmod>2025-07-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20250228_methodology_spc-sf-consumer-methodology_cn</loc>
<lastmod>2025-02-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20240314_criteria_spc-lrg-methodology-update_cn</loc>
<lastmod>2024-03-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20240305_methodology_spc-rmbs-methodology_cn</loc>
<lastmod>2024-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20220421_criteria_spc-structured-finance-methodology_cn</loc>
<lastmod>2022-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20190521_criteria_principles-of-credit-ratings_cn</loc>
<lastmod>2019-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20190521_criteria_spc-supplemental-methodology-project-finance_cn</loc>
<lastmod>2019-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/methodology/20190521_criteria_spc-general-considerations-on-rating-modifiers-and-relative-ranking_cn</loc>
<lastmod>2019-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=01a15896-be63-7775-813e-bc21ff8ba8fe&amp;pdfUrl=%2Fupload%2F20261020_Credit%2520Rating%2520Report_Citi%2520%28China%29_2026_EN.pdf&amp;type=ratings_en</loc>
<lastmod>2026-10-20T16:15:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=01a0cdbc-c994-771f-98e8-78a3840c26e7&amp;pdfUrl=%2Fupload%2F20260922_Credit%2520Rating%2520Report_UBSAG_EN.pdf&amp;type=ratings_en</loc>
<lastmod>2026-09-22T14:10:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=01a0a4dd-b2db-761b-a7ab-456ea63e7356&amp;pdfUrl=%2Fupload%2F20260915_Credit%2520Rating%2520Report_BNPP%2520Issue_EN.pdf&amp;type=ratings_en</loc>
<lastmod>2026-09-15T15:41:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019fb2f1-df8d-7274-9f43-2963b8f0ef18&amp;pdfUrl=%2Fupload%2F20260730_barclays%2520bank_EN.pdf&amp;type=ratings_en</loc>
<lastmod>2026-07-30T16:16:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019f833c-e1e3-70fb-8d0b-7b5af57e86d3&amp;pdfUrl=%2Fupload%2F20260721_Credit%2520Rating%2520Report_CASA%2520Panda%2520Bond%2520Issuance_EN.pdf&amp;type=ratings_en</loc>
<lastmod>2026-07-21T12:57:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019f601e-f8d5-76b9-80db-bcbcf608896c&amp;pdfUrl=%2Fupload%2F20260714_Issue%2520Rating%2520Surveillance_CASA_r.pdf&amp;type=ratings_en</loc>
<lastmod>2026-07-14T13:15:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019f3b73-90a0-77cc-b296-5b06979a080d&amp;pdfUrl=%2Fupload%2F20260707_MR_BMW%2520AG%2520BMW%2520China%2520Capital_EN.pdf&amp;type=ratings_en</loc>
<lastmod>2026-07-07T14:22:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019f2767-b957-7677-84f7-1b46c6e1613f&amp;pdfUrl=%2Fupload%2F20260703_BMW%2520China%2520Capital%25202026%2520Credit%2520Rating%2520Report%2520_EN.pdf&amp;type=ratings_en</loc>
<lastmod>2026-07-03T14:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019f2682-1031-7288-beb8-1203b98ef58c&amp;pdfUrl=%2Fupload%2F20260703_BMW%2520AG%2520Rating%2520Report_EN.pdf&amp;type=ratings_en</loc>
<lastmod>2026-07-03T11:51:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019eee97-92b7-77c9-bdc1-190dec6fa9d1&amp;pdfUrl=%2Fupload%2F20260622_MR_Natixis_EN.pdf&amp;type=ratings_en</loc>
<lastmod>2026-06-22T14:11:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019ec931-0365-758e-89e2-43b98f35103c&amp;pdfUrl=%2Fupload%2F20260615_Credit%2520Rating%2520Report_Barclays%2520Bank%2520Issuance_202606_EN.pdf&amp;type=ratings_en</loc>
<lastmod>2026-06-15T10:47:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019ec918-9ac3-7483-9401-81903d32bf02&amp;pdfUrl=%2Fupload%2F20260615_Credit%2520Rating%2520Report_Natixis_En.pdf&amp;type=ratings_en</loc>
<lastmod>2026-06-15T10:25:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019e96dc-5e76-753d-b539-0e2545fa0827&amp;pdfUrl=%2Fupload%2F20260605_Credit%2520Rating%2520Report_AFC_2026_EN.pdf&amp;type=ratings_en</loc>
<lastmod>2026-06-05T13:20:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019d71c3-8fc6-7349-a9bd-d78bb4af7cf0&amp;pdfUrl=%2Fupload%2F20260409_MR_CMB%2520Perpetual%25202026_EN.pdf&amp;type=ratings_en</loc>
<lastmod>2026-04-09T13:24:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019d047b-769f-77f8-9692-4e5eabcd3d27&amp;pdfUrl=%2Fupload%2FCredit%2520Rating%2520Report_BNPP%2520Issuer_EN.pdf&amp;type=ratings_en</loc>
<lastmod>2026-03-19T13:01:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019d0477-5c99-72d0-b85c-76a4ab798c60&amp;pdfUrl=%2Fupload%2FCredit%2520Rating%2520Report_BNPP%2520Issuance_EN.pdf&amp;type=ratings_en</loc>
<lastmod>2026-03-19T13:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019c8d3e-2ec9-753f-8ea3-29365d60ac08&amp;pdfUrl=%2Fupload%2FCredit%2520Rating%2520Report_JPMorgan%2520China_Feb%25202026_EN.pdf&amp;type=ratings_en</loc>
<lastmod>2026-02-24T09:26:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019bb60f-6ce4-73ab-88ad-627a521a1008&amp;pdfUrl=%2Fupload%2F20251219_credit-rating-report_barclays-bank_2025-dec-_en.pdf&amp;type=ratings_en</loc>
<lastmod>2025-12-19T14:35:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=2160479c-e741-4c88-859e-324dcea80605&amp;pdfUrl=%2Fupload%2FCredit%2520Rating%2520Report_ANZ%28China%29_2025_EN_final.pdf&amp;type=ratings_en</loc>
<lastmod>2025-11-28T17:29:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019d7575-1fd0-76ef-8c83-2822becc53bc&amp;pdfUrl=%2Fupload%2FHenkel_AG_Co_KGaA%2520Credit%2520Rating%2520Report-English.pdf&amp;type=ratings_en</loc>
<lastmod>2025-11-19T11:36:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=a12742b0-c226-4ee7-bb69-3a275f383911&amp;pdfUrl=%2Fupload%2F20250911_credit-rating-report_barclays-bank_2025-sep-_en-Rzxk.pdf&amp;type=ratings_en</loc>
<lastmod>2025-09-11T16:59:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=9b594a4d-b669-4af9-b3ad-6126fc95fd6e&amp;pdfUrl=%2Fupload%2FCredit%2520Rating%2520Report_Barclays%2520Bank%2520Issue_2025_EN-DLPM.pdf&amp;type=ratings_en</loc>
<lastmod>2025-09-05T17:04:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=bcdc377b-2358-4824-9bdc-04b424f72858&amp;pdfUrl=%2Fupload%2FSurveillance%2520Issue%2520Rating_CASA_2025_EN-KeuH.pdf&amp;type=ratings_en</loc>
<lastmod>2025-07-23T17:16:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a10e132e-3e12-491d-a1ab-37276a2bb208&amp;pdfUrl=%2Fupload%2F20250707_credit-rating-report_bmw-china-capital-b.v_april-2025_en.pdf&amp;type=ratings_en</loc>
<lastmod>2025-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=780c9f40-4fc0-4433-83b5-c7d0ed11fcd9&amp;pdfUrl=%2Fupload%2F20250710_bmw-ag-rating-report_en_updated.pdf&amp;type=ratings_en</loc>
<lastmod>2025-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=776a12d5-f139-4f29-af6d-626752567995&amp;pdfUrl=%2Fupload%2F20250617_yiwu-china-small-commodities-city-holding_en.pdf&amp;type=ratings_en</loc>
<lastmod>2025-06-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3fbc5670-602e-40c5-8d81-4b0f74db1d9a&amp;pdfUrl=%2Fupload%2F20250617_zhejiang-china-commodities-city-group_en.pdf&amp;type=ratings_en</loc>
<lastmod>2025-06-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=83229711-bb64-45ad-8658-c2cab8e196e4&amp;pdfUrl=%2Fupload%2F20250224_credit-rating-report_jpmorgan-china_feb-2025_en.pdf&amp;type=ratings_en</loc>
<lastmod>2025-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=87af175d-05d5-48ba-ba72-d5a245b1970d&amp;pdfUrl=%2Fupload%2F20250115_credit-rating-report_afc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2025-01-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c160d51a-9aa3-40f4-94c8-cc5ab66c2841&amp;pdfUrl=%2Fupload%2F20241226_rating-report_shrcb_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-12-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ac07b207-dd0c-40ef-9974-15fdfda8dd43&amp;pdfUrl=%2Fupload%2F20241204_rating-report_casa_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-12-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=07a9c88d-126d-4e3c-b08e-798884499dd9&amp;pdfUrl=%2Fupload%2F20241129_rating-report_anz-china-_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-11-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=bf60e43e-9516-476c-9607-c4c5714a17bc&amp;pdfUrl=%2Fupload%2F20241021_credit-rating-report_citi-china-sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=5f806d5f-af6a-4ee5-841e-669f05c433c4&amp;pdfUrl=%2Fupload%2F20241014_rating-report_bsc-2024-1-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-10-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=475658de-4c25-453e-8317-b284f745caa5&amp;pdfUrl=%2Fupload%2F20240925_rating-report_west-lake-construction_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-09-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=bda05e12-1dc2-46fb-9fbc-e58d3c5b64b9&amp;pdfUrl=%2Fupload%2F20240725_-rating-report_hsbc-china-issue-sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=8c52fc30-2aca-4bca-94a3-97b27e1fbb9e&amp;pdfUrl=%2Fupload%2F20240725_-rating-report_hsbc-china-icr-sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=9ddc3bd5-125b-4cfc-9d9d-f31a0289c8a6&amp;pdfUrl=%2Fupload%2F20240722_issue-rating_casa-2024-renminbi-bonds-series-2-bond-connect-_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-07-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=7af43c05-134c-4455-9fea-7f7e9ff01fff&amp;pdfUrl=%2Fupload%2F20240705_rating-report_casa_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c92ec157-0579-4d3a-b218-8b6cda3ba54a&amp;pdfUrl=%2Fupload%2F20240705_surveillance-issue-rating_casa_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=59660595-0e65-462c-97ef-05dc70c4b346&amp;pdfUrl=%2Fupload%2F20240509_presale-rating-report_driver-china-15-red-pool-_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-05-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=072fc9ea-1836-429c-b5e1-5d91b1abcc33&amp;pdfUrl=%2Fupload%2F20240419_issuer-rating-report_casa_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-04-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a954a6da-9664-4383-abc3-4b94cb0f9149&amp;pdfUrl=%2Fupload%2F20240419_issue-rating_casa-2024-renminbi-bonds-series-1-bond-connect-_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-04-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=28002f5e-81cf-4ea7-8ff7-de63fbfa82b5&amp;pdfUrl=%2Fupload%2F20240313_icbcfl_issue-rating-report-2024-1-_en_combined.pdf&amp;type=ratings_en</loc>
<lastmod>2024-03-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=e2c6029a-691f-45bd-9d83-96c6a842eee4&amp;pdfUrl=%2Fupload%2Ficbcfl_issuer-credit-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-03-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20240313_rating-action_sac-2024-1_en</loc>
<lastmod>2024-03-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c58c249e-2e1a-477a-b22d-362e3ce5cc1e&amp;pdfUrl=%2Fupload%2F20240229_rating-report_sac-2024-1-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-02-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=6a7efd7c-717e-4de2-b614-e7b1c36dc3d4&amp;pdfUrl=%2Fupload%2F20240229_mr_autopia-china-2021-3-withdrawal_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-02-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=9bb06309-b5d9-4eb0-93e5-deaab66c9c9b&amp;pdfUrl=%2Fupload%2F20240229_mr_sac-2021-2-withdrawal_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-02-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ea39523f-e508-496b-9306-e4fdccb8a31d&amp;pdfUrl=%2Fupload%2F20240228_mr_sabl-abn-2022-1-withdrawal_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-02-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=421c6dee-ac07-47d9-a7b4-8be03d726dc5&amp;pdfUrl=%2Fupload%2F20240223_rating-report_jpm-china_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-02-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ee18a508-059a-4de2-b1e0-075556b6f899&amp;pdfUrl=%2Fupload%2F20240126_credit-rating-report_cscec-silkroad-sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-01-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=e204c625-41e8-4690-bab3-20db494afad8&amp;pdfUrl=%2Fupload%2F20240126_credit-rating-report_cscec-fangcheng-sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-01-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=60a4a582-7182-4841-aa01-28a8bfafbfd3&amp;pdfUrl=%2Fupload%2F20240126_credit-rating-report_cscec-civil-infrastructure-sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-01-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=6cba9afe-b9e6-45bf-8236-24d326ec32ac&amp;pdfUrl=%2Fupload%2F20240125_credit-rating-report_shrcb_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-01-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c98c6062-2b2b-4393-b823-9c18aea51423&amp;pdfUrl=%2Fupload%2F20240123_credit-rating-report_shanghai-pudong-development_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-01-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b644e28d-3fe7-4d7e-bade-53329d1d4fe1&amp;pdfUrl=%2Fupload%2F20240104_credit-rating-report_kb-china_en.pdf&amp;type=ratings_en</loc>
<lastmod>2024-01-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=2447b961-5751-4e6b-ab71-804b85c8863d&amp;pdfUrl=%2Fupload%2F20231228_mr_generation-2022-1-withdrawal_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-12-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=616fc2b9-1f66-4f56-9333-cbc889850af5&amp;pdfUrl=%2Fupload%2F20231130_credit-rating-report_anz-china-sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=5ede0a2f-98c5-4748-a44a-6dd99af1807d&amp;pdfUrl=%2Fupload%2F20231129_mr_sabl-abn-2021-2-withdrawal_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-11-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=fad8beaf-cf1b-4764-a124-948ad1d23dda&amp;pdfUrl=%2Fupload%2F20231121_credit-rating-report_cscec-silkroad-sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-11-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=fcdc1980-a48b-432a-a23a-5ff67d26d6b7&amp;pdfUrl=%2Fupload%2F20231030_mr_driver-china-11-withdrawal_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-10-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=26fed7fc-db2b-4da4-aa38-80c0d2869cd0&amp;pdfUrl=%2Fupload%2F20231020_credit-rating-report_citibank-china-sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-10-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=774c8668-2a50-421a-a1b9-84ba3bab586e&amp;pdfUrl=%2Fupload%2F20231009_mr_toyota-glory-2021-2-withdrawal_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-10-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=346cf211-e6d3-480b-9af4-3ae2491ea4b5&amp;pdfUrl=%2Fupload%2F20230926_rating-report_kb-china_2023_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-09-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230912_rating-action_sac-2023-2_en</loc>
<lastmod>2023-09-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230831_rating-action_sac-2023-2_en</loc>
<lastmod>2023-08-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=9711cb2a-788b-4358-a8a1-7f2a604246ed&amp;pdfUrl=%2Fupload%2F20230831_rating-report_sac-2023-2-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-08-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c575769a-a3b2-4dbc-81a1-3b0692bba5e1&amp;pdfUrl=%2Fupload%2F20230831_mr_sac-2021-1-withdrawal_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-08-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=000ff298-8be3-4e84-a0c5-57ec649118ab&amp;pdfUrl=%2Fupload%2F20230803_sur_cscec-civil-infrastructure_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-08-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=dbd3aa9c-b642-4ec3-b0bd-41509e48d0fb&amp;pdfUrl=%2Fupload%2F20230803_sur_cscec-fangcheng_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-08-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=64ec9dd8-f3b5-4109-a736-aa155b446d4b&amp;pdfUrl=%2Fupload%2F20230801_issuer-rating-report_shenergy-sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-08-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=a1732720-3257-4afa-b752-205792b7c4ef&amp;pdfUrl=%2Fupload%2F20230731_issuer-rating-report_midea-sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-07-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=89c09a8c-036d-4d4b-ab54-fd2d4a0d3ed4&amp;pdfUrl=%2Fupload%2F20230728_sur_boc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-07-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230725_rating-actions_fuyuan-_en</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230725_rating-actions_shanghe_en</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230725_rating-actions_autopia-_en</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230725_rating-actions_gongyuanleju_en</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230725_rating-actions_zhaoyinhejia_en</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230725_rating-actions_toyota-glory_en</loc>
<lastmod>2023-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=79b8f271-12d0-4d73-abcc-c655b1f0f74f&amp;pdfUrl=%2Fupload%2F20230724_sur_bsc-2021-3_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230724_rating-actions_bsc_en</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230724_rating-actions_zhongyingwanjia-sur_en</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230724_rating-actions_sac_en</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230724_rating-actions_sabl-abn_en</loc>
<lastmod>2023-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230720_rating-action_mr2_xingqing-2023-1_en</loc>
<lastmod>2023-07-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230718_rating-action_fuyuan-2023-2_en</loc>
<lastmod>2023-07-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=fae563c5-5600-4c50-94bf-723cf3629925&amp;pdfUrl=%2Fupload%2F20230713_issue-rating_casa-2023-renminbi-bond_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=28fd0eef-a127-461f-9dde-edf322e0c0c8&amp;pdfUrl=%2Fupload%2F20230713_issuer-rating-report_casa-sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ec4a0666-1235-4d09-b03e-cb38fb113f0a&amp;pdfUrl=%2Fupload%2F20230713_issue-rating-surveillance_bscomc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230711_rating-actions_driver-china_en</loc>
<lastmod>2023-07-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=87aa2433-affd-4d50-8707-ca741afe3130&amp;pdfUrl=%2Fupload%2F20230710_rating-report_xingqing-2023-1-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-07-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230710_rating-action_xingqing-2023-1-presale_en</loc>
<lastmod>2023-07-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=5c5ce9a3-f0a0-41e9-9a1c-e7d9d5aab33f&amp;pdfUrl=%2Fupload%2F20230907_icbcfl_issuer-rating_sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-07-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230707_rating-actions_generation_en</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230707_rating-actions_jianyuan_en</loc>
<lastmod>2023-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3f68a5b2-ec7f-4107-9966-5be6d634ec00&amp;pdfUrl=%2Fupload%2F20230706_rating-report_fuyuan-2023-2-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-07-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230706_rating-action_fuyuan-2023-2_en</loc>
<lastmod>2023-07-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=4c7c4d52-36a1-435c-a57f-34297b6f472f&amp;pdfUrl=%2Fupload%2F20230531_rating-action_autopia-china-2021-2-withdrawal-mr_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-05-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=60f01a52-2b50-4009-ae18-4c2af00b8b46&amp;pdfUrl=%2Fupload%2F20230531_rating-action_bsc-2021-2-withdrawal-mr_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-05-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230519_rating-action_sabl-2023-1-abn_en</loc>
<lastmod>2023-05-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230515_presale_sabl-2023-1-abn-presale_en</loc>
<lastmod>2023-05-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230515_rating-action_sabl-2023-1-abn_en</loc>
<lastmod>2023-05-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230427_rating-action_xingrui-2022-1-withdrawal_en</loc>
<lastmod>2023-04-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230427_rating-action_zhongyu-2022-3-withdrawal_en</loc>
<lastmod>2023-04-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ac4f1246-455a-4ccd-934c-f20e238d5e55&amp;pdfUrl=%2Fupload%2F20230418_rating-report_smbc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-04-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230323_rating-action_gongyuanzhicheng-2023-1_en</loc>
<lastmod>2023-03-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=688dfa1f-55e3-4099-a04a-bea75533cc93&amp;pdfUrl=%2Fupload%2F20230317_credit-rating-report_shrcb_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-03-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230314_rating-action_sac-2023-1_en</loc>
<lastmod>2023-03-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c3a135b5-5349-4783-8972-d3a5b75e04be&amp;pdfUrl=%2Fupload%2F20230313_presale-rating-report_gongyuanzhicheng2023-1-_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-03-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230313_rating-action_gongyuanzhicheng-2023-1-presale_en</loc>
<lastmod>2023-03-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230302_rating-action_sac-2023-1-presale_en</loc>
<lastmod>2023-03-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=8f473fc6-ef4f-4741-854b-05f0f236c802&amp;pdfUrl=%2Fupload%2F20230302_presale-rating-report_sac-2023-1_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-03-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=d6528401-92a0-4ea4-a48e-72b8adf9bafc&amp;pdfUrl=%2Fupload%2F20230224_rating-report_jpm-china_en.pdf&amp;type=ratings_en</loc>
<lastmod>2023-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20230110_rating-action_toyota-glory-2021-1-withdrawal_en</loc>
<lastmod>2023-01-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=eae71a87-d33f-44c1-852e-cbc7138aa80a&amp;pdfUrl=&amp;type=ratings_en</loc>
<lastmod>2022-12-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20221130_mr_driver-china-ten-withdrawal_en</loc>
<lastmod>2022-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20221130_rating-action_fuyuan-2021-1-withdrawal_en</loc>
<lastmod>2022-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20221130_mr_autopia-2021-1-withdrawal_en</loc>
<lastmod>2022-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=4e2d8051-f6ce-458e-a6f9-613fd4856c18&amp;pdfUrl=%2Fupload%2F20221130_sur-rating-report_anz-china_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=14f7b7e7-7c70-4f46-8083-412bbc5271fa&amp;pdfUrl=%2Fupload%2F20221130_rating-report_generation-2022-5-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20221130_rating-action_generation-2022-5-presale_en</loc>
<lastmod>2022-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20221125_rating-action_zhongyu-2022-3_en</loc>
<lastmod>2022-11-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=428b0fe4-8f4a-4e19-8457-77bf8e3e21d4&amp;pdfUrl=%2Fupload%2F20221117_surveillance_silkroad_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-11-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=7c99d1cb-179c-4bfa-b098-2799d1d80e83&amp;pdfUrl=%2Fupload%2F20221116_zhongyu-2022-3-presale-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-11-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20221116_rating-action_zhongyu-2022-3-presale_en</loc>
<lastmod>2022-11-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=0320d46f-176f-4c11-a914-f545a38edf93&amp;pdfUrl=%2Fupload%2F20221114_rating-report_cscec-fangcheng_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-11-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=78d9ebd9-3829-4be4-9130-092714989454&amp;pdfUrl=&amp;type=ratings_en</loc>
<lastmod>2022-11-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20221024_rating-action_shenergy_en</loc>
<lastmod>2022-10-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=89240e83-eae3-4c6e-8707-8df2a641bd4b&amp;pdfUrl=%2Fupload%2F20221024_rating-report_shenergy_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-10-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20221021_rating-action_sabl-2022-2_en</loc>
<lastmod>2022-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=20c44304-c06c-42fa-bcf2-aee431b1f575&amp;pdfUrl=&amp;type=ratings_en</loc>
<lastmod>2022-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=64b08c2f-df2b-4cc2-9449-f0563581cb87&amp;pdfUrl=%2Fupload%2F20221020_surveillance-rating-report_citibank-china_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-10-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=9a86ff1f-cdde-4a58-8ec8-4cd008062b5b&amp;pdfUrl=%2Fupload%2F20221017_surveillance-icr_casa_en_combined.pdf&amp;type=ratings_en</loc>
<lastmod>2022-10-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=9ae2c8ca-7c21-4183-bca5-016fb39ce0b4&amp;pdfUrl=%2Fupload%2F20221014_rating-report_psbc_sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-10-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=79206653-17f2-45c4-b4d0-d6e1aa37c593&amp;pdfUrl=%2Fupload%2F20221014_sabl-2022-2-abn-presale-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-10-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20221014_rating-action_sabl-2022-2-presale_en</loc>
<lastmod>2022-10-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=18cd9d64-5ab8-4b77-b96a-2cbb02591caa&amp;pdfUrl=%2Fupload%2F20221012_generation-2022-4-presale-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20221012_rating-action_generation-2022-4-presale_en</loc>
<lastmod>2022-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=66c39cb8-d5b1-4846-9fe2-c10ee72eb823&amp;pdfUrl=&amp;type=ratings_en</loc>
<lastmod>2022-09-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=192e9bf9-127d-4cb9-b2ad-fc9376f3e2b5&amp;pdfUrl=&amp;type=ratings_en</loc>
<lastmod>2022-09-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220914_rating-action_sac-2022-2-final_en</loc>
<lastmod>2022-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220909_rating-action_generation-2022-3_en</loc>
<lastmod>2022-09-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=4e178d04-6f5e-4b6e-bae7-f80914aafd35&amp;pdfUrl=%2Fupload%2F20220901_sac-2022-2-presale-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-09-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220901_rating-action_sac-2022-2-presale_en</loc>
<lastmod>2022-09-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=dfab5b9a-ee35-4ad6-bf0f-60862004ad82&amp;pdfUrl=%2Fupload%2F20220830_generation-2022-3-presale-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-08-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220830_rating-action_generation-2022-3-presale_en</loc>
<lastmod>2022-08-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220826_rating-action_autopia-china-2022-2_en</loc>
<lastmod>2022-08-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=50da9ed3-6dda-4afb-b5e4-332258deec46&amp;pdfUrl=%2Fupload%2F20220816_presale_autopia-china-2022-2_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-08-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220816_rating-action_autopia-china-2022-2_en</loc>
<lastmod>2022-08-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220729_rating-actions_autopia-_en</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220729_rating-actions_driver-china_en</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220729_rating-actions_sac_en</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=bee4866f-8263-41c5-9335-da1be94cd4e8&amp;pdfUrl=%2Fupload%2F20220729_icr-sur_midea_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=25d7b062-26fe-40e2-b319-68bcfa6a180c&amp;pdfUrl=&amp;type=ratings_en</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220729_rating-actions_bsc_en</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220729_rating-actions_gongyuanleju_en</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220729_rating-actions_zhaoyinhejia_en</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220729_rating-actions_shanghe_en</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220729_rating-actions_sabl-abn_en</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220729_rating-actions_fuyuan-_en</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220729_rating-actions_jianyuan-_en</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220729_rating-actions_zhongyingwanjia_en</loc>
<lastmod>2022-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=64c86ed2-b43f-4354-b810-9674f7b8cd40&amp;pdfUrl=%2Fupload%2F20220728_sur_cscec-civil-infrastructure_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-07-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220727_rating-action_autopia-2020-2-withdrawal_en</loc>
<lastmod>2022-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=2b798d0f-f459-4416-91a5-699e03d2eb7a&amp;pdfUrl=%2Fupload%2F20220721_icr-sur_casa_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-07-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=1b194de3-5a01-4c87-a02e-2825d0e4f754&amp;pdfUrl=%2Fupload%2F20220721_boc-surveillanc-rating_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-07-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=8af8c042-f14f-46a2-bb93-b0469b52e87e&amp;pdfUrl=%2Fupload%2F20220705_icbcfl_issuer-rating_sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b925b825-9e70-4b23-9a84-66931a9745de&amp;pdfUrl=%2Fupload%2F20220630_issue-rating-sur_bscomc_exchange_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-06-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=df71d578-3b74-4bfd-9654-849cd8bd3bb4&amp;pdfUrl=%2Fupload%2F20220630_icr-sur_bscomc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-06-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220628_rating-action_zhongyu-2022-2_en</loc>
<lastmod>2022-06-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=1b8cba45-a7f7-4d2d-ad12-d1fbb2ca98a4&amp;pdfUrl=%2Fupload%2F20220624_rating-report_boc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-06-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=862e4ff6-e752-49df-9ef6-6b4b43b303b7&amp;pdfUrl=%2Fupload%2F20220624_issue-rating_boc-sme-bond_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-06-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220616_rating-action_zhongyu-2022-2-presale_en</loc>
<lastmod>2022-06-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=97c2b31b-d7c9-44bc-8b78-b109eee5cfbb&amp;pdfUrl=%2Fupload%2F20220616_zhongyu-2022-2-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-06-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220615_rating-action_xingrui-2022-1_en</loc>
<lastmod>2022-06-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220614_rating-action_fuyuan-2022-2_en</loc>
<lastmod>2022-06-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220610_rating-action_generation-2022-2_en</loc>
<lastmod>2022-06-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=21e309ee-3544-4779-ad85-ca6fdb89b20d&amp;pdfUrl=%2Fupload%2F20220602_xingrui-2022-1-presale-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-06-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220602_rating-action_xingrui-2022-1-presale_en</loc>
<lastmod>2022-06-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220601_rating-action_fuyuan-2022-2-presale_en</loc>
<lastmod>2022-06-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3acec56e-ae48-4b9c-9dae-80b384d5cb3a&amp;pdfUrl=%2Fupload%2F20220601_fuyuan-2022-2-presale-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-06-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b5da1c0e-6e3f-4143-88cb-0b46d8877c7e&amp;pdfUrl=%2Fupload%2F20220531_generation-2022-2-presale-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-05-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220531_rating-action_generation-2022-2-presale_en</loc>
<lastmod>2022-05-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220519_rating-action_sabl-2022-1-final_en</loc>
<lastmod>2022-05-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220513_rating-action_sabl-2022-1-presale_en</loc>
<lastmod>2022-05-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=2e000d96-2561-4980-8555-fe6eefd2a0d0&amp;pdfUrl=%2Fupload%2F20220513_sabl-2022-1-abn-presale-rating-report-_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-05-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=2e3de65c-cd87-4f9b-9c6a-b6b5d6b6f0ea&amp;pdfUrl=%2Fupload%2F20220509_midea-group-bulletin_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-05-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220426_rating-action_toyota-glory-2022-1-final_en</loc>
<lastmod>2022-04-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=7784b783-6f74-43f8-8c1c-255be1f15daa&amp;pdfUrl=%2Fupload%2F20220418_sumitomo-credit-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-04-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=4c4938e3-8691-412e-a095-0fe2ca767aec&amp;pdfUrl=%2Fupload%2F20220406_credit-rating-report_midea_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-04-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220406_rating-action_midea_en</loc>
<lastmod>2022-04-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=0eb6a94c-e059-45ba-922a-7f0cf8f3e605&amp;pdfUrl=%2Fupload%2F20220402_toyota-glory-2022-1-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-04-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220402_rating-action_toyota-glory-2022-1-presale_en</loc>
<lastmod>2022-04-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=59d1f296-267a-4a8d-8823-52074fe8738f&amp;pdfUrl=%2Fupload%2F20220321_issue-rating_bscomc-mtn-series1_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-03-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220315_rating-action_sac-2022-1-final_en</loc>
<lastmod>2022-03-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220308_rating-action_generation-2022-1-final_en</loc>
<lastmod>2022-03-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220303_rating-action_sac-2022-1-presale_en</loc>
<lastmod>2022-03-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=bb64d882-396c-4f2b-8038-aa12cc0c7fb5&amp;pdfUrl=%2Fupload%2F20220303_sac-2022-1-presale-rating-report-_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-03-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=823f149c-d19f-4c05-b6f6-1f770f52128f&amp;pdfUrl=%2Fupload%2F20220225_generation-2022-1-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-02-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220225_rating-action_generation-2022-1-presale_en</loc>
<lastmod>2022-02-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=6f485e93-2d47-4089-a71a-9eadfa964366&amp;pdfUrl=%2Fupload%2F20220224_credit-rating-report_jpm-china_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ae6cf748-4f3d-40d2-8408-8a3f0d71fce6&amp;pdfUrl=%2Fupload%2F20220222_boc-green-finance-issue_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-02-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220211_rating-action_zhongyingwanjia-2022-1-final_en</loc>
<lastmod>2022-02-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=f343667c-aaae-4831-a3da-e7bb8206081b&amp;pdfUrl=%2Fupload%2F20220126_boc-zhongyingwanjia-2022-1-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2022-01-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20220126_rating-action_zhongyingwanjia-2022-1-presale_en</loc>
<lastmod>2022-01-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/2021202_rating-action_anz_en</loc>
<lastmod>2021-12-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=d853ab2b-7f35-40d2-a769-8364fefdff39&amp;pdfUrl=%2Fupload%2F20211130_credit-rating-report_anz-china_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=f5c2ab5c-3b1e-4f76-9940-15a5a2b793e0&amp;pdfUrl=%2Fupload%2F20211123_bscomc-mtn-series-3_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-11-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20211123_rating-action_gongyuanleju-2021-10-final_en</loc>
<lastmod>2021-11-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20211111_rating-action_gongyuanleju-2021-10-presale_en</loc>
<lastmod>2021-11-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=cd347594-bb9a-47ea-93c6-c6082f46c20f&amp;pdfUrl=%2Fupload%2F20211111_gongyuanleju-2021-10-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-11-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20211104_rating-action_sabl-2021-2-final_en</loc>
<lastmod>2021-11-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=4a279783-359a-4b58-8fb1-8e025bf3ab8d&amp;pdfUrl=%2Fupload%2F20211102_bscomc-2021-mtn-series-2_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-11-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20211029_rating-action_sabl-2021-2-presale_en</loc>
<lastmod>2021-10-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=dfe60dbb-d1c0-434d-a98d-30ea399e1d65&amp;pdfUrl=%2Fupload%2F20211029_sabl-2021-2-abn-presale-rating-report-_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-10-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20211027_rating-action_jianxin-2021-2-withdrawal_en</loc>
<lastmod>2021-10-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20211027_rating-action_zhongyu-2021-2-withdrawal_en</loc>
<lastmod>2021-10-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20211022_rating-action_autopia-2021-3-final_en</loc>
<lastmod>2021-10-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20211022_rating-action_jianyuan-2021-13-final_en</loc>
<lastmod>2021-10-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=e99b5833-3888-4f52-aeb9-2ac395ae9058&amp;pdfUrl=%2Fupload%2F20211020_credit-rating-report_citibank-china_2021_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-10-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20211018_rating-action_bsc-2021-3-final_en</loc>
<lastmod>2021-10-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=9d9c442e-99d1-4491-bb29-556345ecf2a4&amp;pdfUrl=%2Fupload%2F20211012_rating-report_psbc_2021sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-10-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=71b861b7-b91e-4ad9-8e65-b0aa17db85c6&amp;pdfUrl=%2Fupload%2F20211012_presale-autopia-2021-3_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3b1e7dc6-79d9-49e7-9438-4128e923ffed&amp;pdfUrl=%2Fupload%2F20211012_presale-jianyuan-2021-13_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20211012_rating-action_jianyuan-2021-13-presale_en</loc>
<lastmod>2021-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20211012_rating-action_autopia-2021-3-presale_en</loc>
<lastmod>2021-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=13688dd3-f216-4a6c-b493-aeaedc501801&amp;pdfUrl=%2Fupload%2F20210929_bsc-2021-3-presale-rating-report_en-.pdf&amp;type=ratings_en</loc>
<lastmod>2021-09-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210929_rating-action_bmw-bsc-2021-03-presale_en</loc>
<lastmod>2021-09-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210928_rating-action_silkroad_en</loc>
<lastmod>2021-09-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=dc8a44b4-566b-45a8-bd76-4337b248e91c&amp;pdfUrl=%2Fupload%2F20210928_cscec-silkroad-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-09-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210927_rating-action_civil-infrastructure_en</loc>
<lastmod>2021-09-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3e94808b-d815-4926-ad11-02ac2496e131&amp;pdfUrl=%2Fupload%2F20210927_cscec-civil-infrastructure-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-09-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=d1b3c76f-214c-454d-b5f8-09e7f34b7bc2&amp;pdfUrl=%2Fupload%2F20210916_casa-series-2-bond_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-09-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210914_rating-action_sac-2021-2-final_en</loc>
<lastmod>2021-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=5d7ba62e-05e2-4544-9ede-77d2bec8fc71&amp;pdfUrl=%2Fupload%2F20210907_rating-report_smbc-icr_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-09-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ef815723-ca33-477e-a227-cced410bf776&amp;pdfUrl=%2Fupload%2F20210903_sac-2021-2-presale-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-09-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210903_rating-action_sac-2021-2-presale_en</loc>
<lastmod>2021-09-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=d4e3718f-e651-4f04-bb2d-a1162931e26c&amp;pdfUrl=%2Fupload%2F20210825_surveillance-icr_casa_2021_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-08-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a4bcf5ce-36b6-4b9a-a11e-b4e7f13c9a9b&amp;pdfUrl=%2Fupload%2F20210825_bscomc-issue-series-4_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-08-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=39e7b900-dfb1-443a-8c75-fa2b8611a966&amp;pdfUrl=%2Fupload%2F20210823_bulletin-srcb-ipo_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-08-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a483ac60-7d81-4e69-b2cc-41637c6d060e&amp;pdfUrl=%2Fupload%2F20210819_bscomc-issue-series-3_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-08-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210819_rating-action_zhongyu-2021-2-final_en</loc>
<lastmod>2021-08-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=1ef2aeb6-f252-410f-a959-fd7dc99930d5&amp;pdfUrl=%2Fupload%2F20210818_jianyuan-2020-13-2021-surveillance-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-08-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ff372353-b0d8-4bfe-8b8b-6653a08357b5&amp;pdfUrl=%2Fupload%2F20210818_jianyuan-2020-4-2021-surveillance-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-08-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c758a8b8-7cc1-49d0-a5b7-48077730ab49&amp;pdfUrl=%2Fupload%2F20210818_jianyuan-2020-10-2021-surveillance-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-08-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3bb6cd51-a6a7-407e-a4cc-d4a14da4aabe&amp;pdfUrl=%2Fupload%2F20210818_jianyuan-2020-2-2021-surveillance-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-08-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=7f0e9290-7d00-490b-9efb-97a5344ddd52&amp;pdfUrl=%2Fupload%2F20210818_jianyuan-2019-12-2021-surveillance-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-08-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=46359813-c0f2-43f7-b62a-e83692f53191&amp;pdfUrl=%2Fupload%2F20210730_surveillance_autopia-2020-2_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-08-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=f7b78d3e-63f2-46ff-945a-3112561ef35e&amp;pdfUrl=%2Fupload%2F20210730_surveillance_driver-china-eleven_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-08-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210810_rating-action_toyota-glory-2021-2-final_en</loc>
<lastmod>2021-08-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210809_rating-action_zhongyu-2021-2-presale_en</loc>
<lastmod>2021-08-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=05b26582-6f82-45a9-8963-c212f0d47060&amp;pdfUrl=%2Fupload%2F20210809_presale-zhongyu-2021-2_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-08-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=36fb0ae1-c1f1-4177-acc9-850beed610f6&amp;pdfUrl=%2Fupload%2F20210806_bulletin-bscomc-restructure_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-08-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210806_rating-action_gongyuanleju-2021-4-final_en</loc>
<lastmod>2021-08-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210806_rating-action_autopia-2021-2-final_en</loc>
<lastmod>2021-08-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a24922ad-61c9-48c1-9968-d03f6ac009cf&amp;pdfUrl=%2Fupload%2F20210803_surveillance-issue-rating_casa_2021_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-08-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210730_rating-actions_china-driver-_en</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210730_rating-actions_sac-_en</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210730_rating-actions_autopia-_en</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210730_rating-actions_jianyuan-_en</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=6e0ddf89-6c07-4770-a454-a75714ae8df3&amp;pdfUrl=%2Fupload%2F20210730_surveillance_autopia-2020-2_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=2c930ea0-f2ad-463b-b6b1-923c7b3805c6&amp;pdfUrl=%2Fupload%2F20210730_surveillance_driver-china-eleven_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=f3e01973-d8ba-4e12-8c05-194bf817ed4f&amp;pdfUrl=%2Fupload%2F20210729_toyota-glory-2021-2-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210729_rating-action_toyota-glory-2021-2-presale_en</loc>
<lastmod>2021-07-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=28f52aa5-a578-4478-a82d-235f44d2a2aa&amp;pdfUrl=%2Fupload%2F20210728_icr-surveillance-ccb-2021_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-07-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b02c5e5d-4365-4038-a78b-f40b63d90a25&amp;pdfUrl=%2Fupload%2F20210728_issue-rating-surveillance-ccb-2021_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-07-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210727_rating-action_gongyuanleju-2021-04-presale_en</loc>
<lastmod>2021-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=72bd4f93-c110-4ae5-bb0c-1fbd61a8f3a9&amp;pdfUrl=%2Fupload%2F20210727_presale-icbc-gongyuanleju-2021-4-report-en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210727_rating-action_boc_en</loc>
<lastmod>2021-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=9a0375a5-5441-4054-a364-97bf94d1ea1c&amp;pdfUrl=%2Fupload%2F20210727_presale-autopia-2021-2_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=f40643a4-6d7e-4a8f-9fb3-5d8d2f7e21e7&amp;pdfUrl=%2Fupload%2F20210727_issue-rating_boc-financial-bonds-series-2_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=32e868c2-d51f-4b2c-89d3-887c64de79ff&amp;pdfUrl=%2Fupload%2F20210727_issuer-credit-rating_boc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210727_rating-action_autopia-2021-2-presale_en</loc>
<lastmod>2021-07-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=7f1317d7-d3cc-4d1c-b365-0969f96eff87&amp;pdfUrl=%2Fupload%2F20210723_bscomc-issue-series-2_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-07-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=0ffbcfdd-d647-4cd0-b999-9d4436e7270e&amp;pdfUrl=%2Fupload%2F20210713_surveillance-icr-report_icbcfl_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=532fd951-df4e-4599-affb-2fe63096d021&amp;pdfUrl=%2Fupload%2F20210713_surveillance-issue-report_icbcfl_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=e7639a48-fb67-40e4-8ac4-2bc018215ad9&amp;pdfUrl=%2Fupload%2F20210630_bscomc-mtn-issue-sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210705_rating-action_bscomc-sur_en</loc>
<lastmod>2021-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=1aeb1b4b-b77c-4a3c-a330-839445ade9f7&amp;pdfUrl=%2Fupload%2F20210630-bscomc-icr-sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a5be0652-1480-4827-bb71-088ae0148d6a&amp;pdfUrl=%2Fupload%2F20210630_bscomc-21-guozi-01-issue-sur_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-07-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210622_rating-action_jianxin-2021-2-final_en</loc>
<lastmod>2021-06-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210611_rating-action_bmw-bsc-2021-2-final_en</loc>
<lastmod>2021-06-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210610_rating-action_jianxin-2021-2-presale_en</loc>
<lastmod>2021-06-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=6f531a31-b89b-4641-8400-43e8342405f7&amp;pdfUrl=%2Fupload%2F20210608_issue-rating_icbcfl-series-3_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-06-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210604_rating-action_shanghe-2021-1-final_en</loc>
<lastmod>2021-06-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210603_rating-action_bmw-bsc-2021-02-presale_en</loc>
<lastmod>2021-06-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=da88277f-f156-4204-bd4b-1ce818004370&amp;pdfUrl=%2Fupload%2F20210603_presale_bsc-2021-2_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-06-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210526_rating-action_shanghe-2021-01-presale_en</loc>
<lastmod>2021-05-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=93487b89-deb2-4b18-a36c-68ca9a18a8ed&amp;pdfUrl=%2Fupload%2F20210526_shanghe-2021-1-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-05-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210520_rating-action_jianyuan-2021-8-final_en</loc>
<lastmod>2021-05-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=0df52849-2eb1-4c23-9ac6-94396fb03b75&amp;pdfUrl=%2Fupload%2F20210520_issuer-rating-report_icbcfl_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-05-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=9f5af301-02df-4a34-b094-cc262ef2c1a8&amp;pdfUrl=%2Fupload%2F20210520_issue-rating_icbcfl_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-05-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=82a888f9-fd8d-4705-ba94-fbf778e0ccef&amp;pdfUrl=%2Fupload%2F20210519_zhongyingwanjia-2021-3_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-05-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210511_rating-action_jianyuan-2021-7-final_en</loc>
<lastmod>2021-05-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210510_rating-action_jianyuan-2021-08-presale_en</loc>
<lastmod>2021-05-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=8caa43ba-4fd9-4d8f-aa65-a35a33e52068&amp;pdfUrl=%2Fupload%2F20210510_presale_jianyuan-2021-8_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-05-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210427_rating-action_jianyuan-2021-07-presale_en</loc>
<lastmod>2021-04-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=f1c65d00-4942-4ab1-9a36-9fdce4bc9fc7&amp;pdfUrl=%2Fupload%2F20210427_presale_jianyuan-2021-7_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-04-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=080f319a-6160-4ced-85b9-f60a2f5abb47&amp;pdfUrl=%2Fupload%2F20210426_issue-rating_bscomc-2021-series-1-corporate-bond_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-04-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210422_rating-action_jianyuan-2021-6-final_en</loc>
<lastmod>2021-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210412_rating-action_jianyuan-2021-06-presale_en</loc>
<lastmod>2021-04-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a48da57e-6559-42bc-aac7-6b4145715bf3&amp;pdfUrl=%2Fupload%2F20210412_jianyuan-2021-6-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-04-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=d03ee860-5ecb-48a3-aa3a-f8225e40ab84&amp;pdfUrl=%2Fupload%2F20210407_issue-rating-notice_icbcfl-2021-series-1_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-04-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210330_rating-action_hejia-2021-1-final_en</loc>
<lastmod>2021-03-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210326_rating-action_sac-2021-1-final_en</loc>
<lastmod>2021-03-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210324_rating-action_autopia-2021-1-final_en</loc>
<lastmod>2021-03-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210323_rating-action_fuyuan-2021-1-final_en</loc>
<lastmod>2021-03-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=958dc944-8107-4e4c-bfe5-29ba99df157e&amp;pdfUrl=%2Fupload%2F20210318_issue-rating_casa-2021_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210318_rating-action_hejia-2021-1-presale_en</loc>
<lastmod>2021-03-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c00de399-38b3-4736-a30d-6f5aee963a91&amp;pdfUrl=%2Fupload%2F20210318_presale_zhaoyin-hejia-2021-1_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=8c620860-b809-4483-80cc-2894a715ebf9&amp;pdfUrl=%2Fupload%2F20210318_issue-rating_casa-2021_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b97ff8ea-24ce-4346-8a8b-9d3e5c1f8215&amp;pdfUrl=%2Fupload%2F20210318_issue-rating_casa-2021_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b96100fe-389d-4eec-987f-149fa9205e2f&amp;pdfUrl=%2Fupload%2F20210317_credit-rating-report_srcb_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210316_rating-action_sac-2021-1-presale_en</loc>
<lastmod>2021-03-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=057e2123-8e73-4615-aa7e-1624ec74abab&amp;pdfUrl=%2Fupload%2F20210316_presale_sac-2021-1_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210312_rating-action_autopia-2021-1-presale_en</loc>
<lastmod>2021-03-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=1659ff0e-1713-4bea-8de6-7122491fa87e&amp;pdfUrl=%2Fupload%2F20210312_presale-autopia-2021-1_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210309_rating-action_fuyuan-2021-1-presale_en</loc>
<lastmod>2021-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=f08ea16c-a272-4189-ac58-39e57941a41c&amp;pdfUrl=%2Fupload%2F20210309_rating-report_fuyuan-2021-1-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=63d7cc5a-c944-4faa-b0c2-938833bdee0f&amp;pdfUrl=%2Fupload%2F20210309_panda-bond-issuer-credit-rating-report_credit-agricole_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b20fb18c-719f-44b6-841c-e5fcb06969ed&amp;pdfUrl=%2Fupload%2F20210309_panda-bond-issuer-credit-rating-report_credit-agricole_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c3be2b94-5595-463f-b8b7-20a3ad856dff&amp;pdfUrl=%2Fupload%2F20210309_issue-rating_casa-2020_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3bda9e90-4afe-46e8-b8ee-b0446151e58b&amp;pdfUrl=%2Fupload%2F20210309_issue-rating_casa-2019_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=88f5e7d6-2195-4fde-9ae8-27083810ab37&amp;pdfUrl=%2Fupload%2F20210309_issue-rating-notice_bscomc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210308_rating-action_jianyuan-2021-4-final_en</loc>
<lastmod>2021-03-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210308_rating-action_toyota-glory-2021-1-final_en</loc>
<lastmod>2021-03-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=543c9967-85ad-4566-ad1d-f9b1d91368bf&amp;pdfUrl=%2Fupload%2F20210301_bscomc-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a10a6e79-6b44-401c-a374-7fae3699add9&amp;pdfUrl=%2Fupload%2F20210301_rating-report-smbc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=3fca13d6-f52d-4f24-bfc3-69e4b75ecb05&amp;pdfUrl=%2Fupload%2F20210301_bscomc-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-03-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210224_rating-action_toyota-glory-2021-1-presale_en</loc>
<lastmod>2021-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210224_rating-action_jianyuan-2021-04-presale_en</loc>
<lastmod>2021-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=1e53af92-7008-4b13-9fd7-2be79314df1e&amp;pdfUrl=%2Fupload%2F20210224_jianyuan-2021-4-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=9e473cd4-fe9c-47af-aafe-c30d85872a9f&amp;pdfUrl=%2Fupload%2F20210224_credit-rating-report-jpm-china_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=4a810c57-8625-4848-b87d-79822ee4bafd&amp;pdfUrl=%2Fupload%2F20210223_toyota-glory-2021-1-presale_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=9fad109f-3dea-4bdc-b65c-aa1b3d018e52&amp;pdfUrl=%2Fupload%2F20210125_issuer-rating-report_civil-infrastructure_en2.pdf&amp;type=ratings_en</loc>
<lastmod>2021-01-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=d6642514-52e4-469b-af5e-96d194acee9d&amp;pdfUrl=%2Fupload%2F20210125_issuer-rating-report_civil-infrastructure_en2.pdf&amp;type=ratings_en</loc>
<lastmod>2021-01-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210121_rating-action_jianyuan-2021-1-final_en</loc>
<lastmod>2021-01-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210120_rating-action_jianxin-2020-7-withdrawal_en</loc>
<lastmod>2021-01-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210120_rating-action_jianxin-2020-4-withdrawal_en</loc>
<lastmod>2021-01-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=bed33374-83d3-411b-974e-14fde30aabab&amp;pdfUrl=%2Fupload%2F20210119_issue-issuer-rating-report-ccb_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-01-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=12e474ea-d3d8-4ea3-94d5-3c67285ad33a&amp;pdfUrl=%2Fupload%2F20210119_issuer-rating-report_ccb_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-01-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210119_rating-action_ccb-issuer-issue_en</loc>
<lastmod>2021-01-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=eaab603f-0870-4517-a8a9-20bba1695b03&amp;pdfUrl=%2Fupload%2F20210112_hsbc-china-issuer-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-01-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=5b65d28f-7d7b-4199-9c8b-75e18725853d&amp;pdfUrl=%2Fupload%2F20210112_hsbc-china_issuer-rating-report_en2.pdf&amp;type=ratings_en</loc>
<lastmod>2021-01-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a8f06ba0-e8bc-4036-8746-70a43aaaa4e8&amp;pdfUrl=%2Fupload%2F20210111_presale-report-jianyuan-2021-01_en.pdf&amp;type=ratings_en</loc>
<lastmod>2021-01-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20210111_rating-action_jianyuan-2021-01-presale_en</loc>
<lastmod>2021-01-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=b31e31a5-70db-453e-9bd2-b59eec23fc4f&amp;pdfUrl=%2Fupload%2F20201228_issuer-rating-report_silkroad_en-1-.pdf&amp;type=ratings_en</loc>
<lastmod>2020-12-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=59248f59-7739-4cb1-b2a7-610351fd9b27&amp;pdfUrl=%2Fupload%2F20201228_issuer-rating-report_silkroad_-en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-12-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=c7c6a3f8-8b4b-4dcd-92b2-641ed3b9fde9&amp;pdfUrl=&amp;type=ratings_en</loc>
<lastmod>2020-12-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20201204_rating-action_jianyuan-2020-13-final_en</loc>
<lastmod>2020-12-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20201201_rating-action_jianxin-2020-7_en</loc>
<lastmod>2020-12-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=00f25295-c7a2-4b2e-870a-78499694d1e0&amp;pdfUrl=%2Fupload%2F20201201_presale-report_jianxin-2020-7_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-12-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=76b2976f-baa1-49ad-a7c1-0773d7c24a4a&amp;pdfUrl=%2Fupload%2F20201127_driver-china-eleven-final_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-11-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20201124_rating-action_jianyuan-2020-13-presale_en</loc>
<lastmod>2020-11-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=655ef73f-1b6e-41b4-a900-5ebd4bebdc34&amp;pdfUrl=%2Fupload%2F20201124_presale-report-jianyuan-2020-13_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-11-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=060424e6-56cb-451a-b096-a3f9cfa2f494&amp;pdfUrl=%2Fupload%2F20201124_issue-and-issuer-report-icbcfl_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-11-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=d8d75beb-e082-4cd1-9ace-68c1751ac0ec&amp;pdfUrl=%2Fupload%2F20201124_rating-report-icbcfl_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-11-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=c33b974d-29e4-4c16-a7ed-3f5c8e1d8a0d&amp;pdfUrl=&amp;type=ratings_en</loc>
<lastmod>2020-11-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=68fedf5f-7c79-4478-a5a7-46e35592c965&amp;pdfUrl=&amp;type=ratings_en</loc>
<lastmod>2020-11-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=b7896c95-af52-43f1-823c-e05720ae57f1&amp;pdfUrl=&amp;type=ratings_en</loc>
<lastmod>2020-11-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20201102_rating-action_final-jianyuan-2020-10_en</loc>
<lastmod>2020-11-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=37b789e6-0178-4da4-8b68-58aa90bb5207&amp;pdfUrl=%2Fupload%2F20201026_autopia-2020-2-presale-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-10-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=1a1c2cd6-72cb-472d-96f8-8a655a245c8c&amp;pdfUrl=%2Fupload%2F20201026_autopia-2020-2-presale-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-10-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=d3d828b2-dbb0-4a3c-9ebb-edcfb32de6e7&amp;pdfUrl=%2Fupload%2F20201021_jianyuan-2020-10-preliminary_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20201021_rating-action_jianyuan-2020-10-presale_en</loc>
<lastmod>2020-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=7ad8c4bf-e55a-4d10-b76e-916378a779ff&amp;pdfUrl=%2Fupload%2F20201020_citibank-china-credit-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-10-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=8c40abc6-e538-4ed7-833a-8277302362d2&amp;pdfUrl=%2Fupload%2F20201020_citibank-china-credit-rating-report_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-10-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=ef60f8b2-2b20-49fb-81cc-d8d69db8a8be&amp;pdfUrl=%2Fupload%2F20201009_rating-report_psbc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-10-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c957ee09-8130-42b8-af07-a073bb1e6a76&amp;pdfUrl=%2Fupload%2F20201009_rating-report_psbc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-10-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20200921_rating-action_jianxin-2020-4_en</loc>
<lastmod>2020-09-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20200914_rating-action_sac-2020-2_en</loc>
<lastmod>2020-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=c9850bec-a000-4475-94c9-971497b36753&amp;pdfUrl=%2Fupload%2F20200722_presale_jianyuan-2020-4_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-09-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=7205237c-f0c3-418c-b7bd-2dc8b2ae352e&amp;pdfUrl=%2Fupload%2F20200907_presale_sac-2020-2_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-09-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=6b974e37-a8c8-423b-b87b-897307cd59f0&amp;pdfUrl=%2Fupload%2F20200907_presale_sac-2020-2_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-09-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=c7c83f6c-467f-429e-8efb-763ad0fe8da2&amp;pdfUrl=%2Fupload%2F20200825_rating-report_smbc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-08-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=30c29adf-bf04-422d-a5f7-9bdd7c1bc1b0&amp;pdfUrl=%2Fupload%2F20200825_rating-report_smbc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-08-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20200806_rating-action_jianyuan-2020-4_en</loc>
<lastmod>2020-08-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=c607e9f2-9866-49d5-b0dd-127011885d1c&amp;pdfUrl=&amp;type=ratings_en</loc>
<lastmod>2020-08-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=e2655d23-f804-42f5-9a20-a58a5aaabbca&amp;pdfUrl=&amp;type=ratings_en</loc>
<lastmod>2020-08-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/rating-action_icbcfl-issuer-and-issue_4aug2020_en</loc>
<lastmod>2020-08-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=4e412549-dda7-438b-9b6f-4370fad1906e&amp;pdfUrl=%2Fupload%2F20200805_surveillance_jianyuan-2019-12_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-07-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=cf3e49e5-f848-4306-ab60-d786169b8840&amp;pdfUrl=%2Fupload%2F20200805_surveillance_jianyuan-2019-10_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-07-31T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=651f6cca-f3f7-4f01-b8d5-577455b962f8&amp;pdfUrl=%2Fupload%2F20200722_presale_jianyuan-2020-4_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-07-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=4cffdab8-3280-479d-b50b-906a0fede533&amp;pdfUrl=%2Fupload%2F20200722_presale_jianyuan-2020-4_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-07-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=0cc1876e-148b-467c-9e87-33bde6f06e64&amp;pdfUrl=%2Fupload%2F20200710_issuer-rating-report_icbcfl_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-07-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20200624_rating-action_jianyuan-2020-2_en</loc>
<lastmod>2020-06-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=bbbf2590-9b41-4e21-bedf-76cf78a5c88a&amp;pdfUrl=&amp;type=ratings_en</loc>
<lastmod>2020-06-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=60787eb6-b4fc-47eb-9fb7-b72bca1d01e7&amp;pdfUrl=%2Fupload%2F20200615_presale_jianyuan-2020-2_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-06-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a3baa47d-1692-4987-8e58-c524567e0145&amp;pdfUrl=%2Fupload%2F20200615_presale_jianyuan-2020-2_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-06-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=dc1b1650-336c-4d55-9960-5e1b5a8492c2&amp;pdfUrl=%2Fupload%2F20200609_rating-report_smbc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-06-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=66737589-9e08-4de9-8a93-3dd09a6dcb7c&amp;pdfUrl=%2Fupload%2F20200609_rating-report_smbc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-06-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=cefaa66c-ae0f-486f-a334-3d1ca4b9e86c&amp;pdfUrl=%2Fupload%2F20200422_bulletin_srcb_en-SauT.pdf&amp;type=ratings_en</loc>
<lastmod>2020-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=97fcde8a-f764-47ab-8936-9cfb0ff2cf9a&amp;pdfUrl=%2Fupload%2F20200422_bulletin_srcb_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=aed54331-aa3b-4d83-83c6-38ae43a8b8c4&amp;pdfUrl=%2Fupload%2F20200330-_bulletin_luzhou-bank_en-eAOK.pdf&amp;type=ratings_en</loc>
<lastmod>2020-03-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=0004059b-dc19-4990-bec8-5e42d9d931ac&amp;pdfUrl=%2Fupload%2F20200327_new-issue_driver-china-ten-black-pool-_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-03-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=2f8a8ac9-d389-4580-aad4-586981c813fd&amp;pdfUrl=%2Fupload%2F20200327_new-issue_driver-china-ten-black-pool-_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-03-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=4fd2039d-9040-4cb3-9d2c-4b0e4c10a17a&amp;pdfUrl=%2Fupload%2F20200326_bulletin_psbc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-03-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=36cd315b-6e1a-4562-93f9-81eb811e2c8a&amp;pdfUrl=%2Fupload%2F20200305_presale_driver-china-ten_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=bdfe325e-74d6-4892-abca-1a3849ab37f8&amp;pdfUrl=%2Fupload%2F20200305_presale_driver-china-ten_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=417af2b0-c148-49ed-871b-78dee6a821b9&amp;pdfUrl=&amp;type=ratings_en</loc>
<lastmod>2020-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/rating-action_jpm-china_24feb2020_en</loc>
<lastmod>2020-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=95ea2e14-33a2-4d05-b5eb-9f5ea35f540a&amp;pdfUrl=%2Fupload%2F20200224_credit-rating-report_jpm-china_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=4877ae04-611c-4950-96b0-824ec275e253&amp;pdfUrl=%2Fupload%2F20200224_credit-rating-report_jpm-china_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-02-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=0451128b-bfe6-4be2-a92d-ab848bb0965b&amp;pdfUrl=%2Fupload%2F20200114_credit-rating-report_srcb_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-01-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=2268c84f-38c4-4a9f-b779-f5531ac3a30c&amp;pdfUrl=%2Fupload%2F20200114_credit-rating-report_srcb_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-01-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=dcfd95a8-53d0-492d-b652-bfd8fc66ca9b&amp;pdfUrl=%2Fupload%2F20200103_rating-report_psbc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-01-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=b0a53410-f459-4262-8789-982b542b1378&amp;pdfUrl=%2Fupload%2F20191217_presale_jianyuan-2019-12_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-01-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=045d232b-011e-49ca-b606-cf4c15e3219d&amp;pdfUrl=%2Fupload%2F20200103_rating-report_psbc_en.pdf&amp;type=ratings_en</loc>
<lastmod>2020-01-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a49fb338-ea0b-417b-874e-f71b7fc198cd&amp;pdfUrl=%2Fupload%2F20191217_presale_jianyuan-2019-12_en.pdf&amp;type=ratings_en</loc>
<lastmod>2019-12-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=37a70142-9413-4a85-84b1-8098722cf994&amp;pdfUrl=%2Fupload%2F20191217_presale_jianyuan-2019-12_en.pdf&amp;type=ratings_en</loc>
<lastmod>2019-12-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-ratings/20191129_rating-action_jianyuan-2019-10-final-ratings_en</loc>
<lastmod>2019-11-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a243683b-812d-49cc-bdb2-c6f418224a14&amp;pdfUrl=%2Fupload%2F20191120_presale_jianyuan-2019-10_en.pdf&amp;type=ratings_en</loc>
<lastmod>2019-11-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=fb331228-f2e5-458b-b758-e13341f830d6&amp;pdfUrl=%2Fupload%2F20191120_presale_jianyuan-2019-10_en.pdf&amp;type=ratings_en</loc>
<lastmod>2019-11-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=2b980223-f0e6-4ee5-99bf-2011f33dbf4f&amp;pdfUrl=%2Fupload%2F20190730_rating-report_luzhou-bank_en.pdf&amp;type=ratings_en</loc>
<lastmod>2019-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=df69e669-e894-4c3d-8cc1-3f7b028716cf&amp;pdfUrl=%2Fupload%2F20190730_rating-report_luzhou-bank_en.pdf&amp;type=ratings_en</loc>
<lastmod>2019-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=21e980f2-b777-4f18-b023-9650ca002755&amp;pdfUrl=%2Fupload%2F20190711_rating-report_icbcfl_en.pdf&amp;type=ratings_en</loc>
<lastmod>2019-07-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=88dffa62-4bd8-4c88-ae22-33be4e2eaec8&amp;pdfUrl=%2Fupload%2F20190711_rating-report_icbcfl_en.pdf&amp;type=ratings_en</loc>
<lastmod>2019-07-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=01a03279-30d4-7163-ae58-cd021918a1f5&amp;pdfUrl=%2Fupload%2F20260824_pandabonds_EN.pdf&amp;type=research_en</loc>
<lastmod>2026-08-24T14:30:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019f5aec-a63a-732c-8c2f-9f8a05985dbd&amp;pdfUrl=%2Fupload%2F20260709_India%2520vs.%2520China_EN_.pdf&amp;type=research_en</loc>
<lastmod>2026-07-09T13:03:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019d85ba-a935-71fb-ab25-c4a189b9dda9&amp;pdfUrl=%2Fupload%2F20260408_2026_Auto_Outlook_EN.pdf&amp;type=research_en</loc>
<lastmod>2026-04-13T12:26:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019d76ad-d4be-72b4-b4ab-7c022e3a5ecb&amp;pdfUrl=%2Fupload%2F202060410_Commentary_China%2520Property%2520Oulook.pdf&amp;type=research_en</loc>
<lastmod>2026-04-10T12:18:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019d7587-ac75-7290-bd32-4456c23a7652&amp;pdfUrl=%2Fupload%2F20260410_LGFV%25202026%2520Outlook-EN.pdf&amp;type=research_en</loc>
<lastmod>2026-04-10T11:20:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019d4d57-0276-72fc-801d-2cef10e0b96d&amp;pdfUrl=%2Fupload%2F20260402_Commentary_PV%2520Industry_EN_.pdf&amp;type=research_en</loc>
<lastmod>2026-04-02T12:38:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=019d47db-1182-719e-b9b2-857588b65398&amp;pdfUrl=%2Fupload%2F20260401_China%2520Credit%2520Bond%2520ETFs_EN_r.pdf&amp;type=research_en</loc>
<lastmod>2026-04-01T14:26:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=12549771-9e46-47f0-ac77-16139404b394&amp;pdfUrl=%2Fupload%2F20250825_panda-bonds-overview-en-2-.pdf&amp;type=research_en</loc>
<lastmod>2025-08-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=46f4b8cc-7fe1-44ec-a1ef-a8f27e06e790&amp;pdfUrl=%2Fupload%2F20250417_creditfaq_thecontractionofchina-sprivatecreditmarket.pdf&amp;type=research_en</loc>
<lastmod>2025-04-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=8270dbca-460c-4866-b5fa-86a1e04c9ddf&amp;pdfUrl=%2Fupload%2F20241115_commentary_latest-fiscal-policy_en.pdf&amp;type=research_en</loc>
<lastmod>2024-11-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=8a32d8dd-1f28-47a3-916c-b93d2efbc4de&amp;pdfUrl=%2Fupload%2F20240920_panda-bonds-overview-en.pdf&amp;type=research_en</loc>
<lastmod>2024-09-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=f357bded-d548-4ca2-93ba-99758a83925c&amp;pdfUrl=%2Fupload%2F20240816_slides_research-on-retail-abs_en.pdf&amp;type=research_en</loc>
<lastmod>2024-08-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=bd5695fa-4c72-478d-9fe7-8c6167c8ec42&amp;pdfUrl=%2Fupload%2F20240725_commentary_chinese-and-foreign-leading-companies-comparison-engineering-machinery_en_clean.pdf&amp;type=research_en</loc>
<lastmod>2024-07-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a100c635-f179-49c6-8e52-fa283f5dc5ad&amp;pdfUrl=%2Fupload%2F20240709_commentary_construction-machinery-manufacturers-financial-profile_en.pdf&amp;type=research_en</loc>
<lastmod>2024-07-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=7f5236b5-a68a-4080-b271-33f60ece8a96&amp;pdfUrl=%2Fupload%2F20240627_commentary_commercial-housing-sales-expectation_en.pdf&amp;type=research_en</loc>
<lastmod>2024-06-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ed6d2574-9dcf-4e03-a4c2-5898a6196e83&amp;pdfUrl=%2Fupload%2F20240613_commentary_private-enterprise-bonds_en.pdf&amp;type=research_en</loc>
<lastmod>2024-06-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=4cc36d84-9eee-4037-911f-aa5f49286afc&amp;pdfUrl=%2Fupload%2F20240603_commentary-damc-en.pdf&amp;type=research_en</loc>
<lastmod>2024-06-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=84db3399-1b88-47d4-89c3-754115221856&amp;pdfUrl=%2Fupload%2F20240227_commentary_highway-industry-credit-research_en.pdf&amp;type=research_en</loc>
<lastmod>2024-02-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=d1135f7d-ea9e-4bf6-b436-116c73c5e022&amp;pdfUrl=%2Fupload%2F20240130_-commentary_green-abs-faq_en.pdf&amp;type=research_en</loc>
<lastmod>2024-02-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=e81d57c5-d015-4a93-b38a-acfe98822490&amp;pdfUrl=%2Fupload%2F20231208_commentary_faq-green-abs-deep-dive-episode-2_en.pdf&amp;type=research_en</loc>
<lastmod>2023-12-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=14b52681-0d0e-425e-83d4-28cb80d8b98b&amp;pdfUrl=%2Fupload%2F20231127_property-2024-outlook_en.pdf&amp;type=research_en</loc>
<lastmod>2023-11-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3d55b5d5-6a64-4843-a2f3-ecfd203b8d3e&amp;pdfUrl=%2Fupload%2F20231103_commentary_faq-green-abs-deep-dive-episode-1_en.pdf&amp;type=research_en</loc>
<lastmod>2023-11-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=1b5b2720-fc00-4092-a1e0-8b0a041f4d00&amp;pdfUrl=%2Fupload%2F20231012_commentary_real-estate-monthly-roundup_en.pdf&amp;type=research_en</loc>
<lastmod>2023-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=aad52ea0-e831-4921-8834-75f0c0c62fe4&amp;pdfUrl=%2Fupload%2F20230915_commentary_bank-credit-quality-assessment-criteria_en.pdf&amp;type=research_en</loc>
<lastmod>2023-09-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=187e61b7-322e-4504-8fd6-00a54e1e2064&amp;pdfUrl=%2Fupload%2F20230817_slides_auto-finance-credit-quality_en.pdf&amp;type=research_en</loc>
<lastmod>2023-08-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=c04e102c-2dac-4cd2-b42c-bc10bf903836&amp;pdfUrl=%2Fupload%2F20230808_slides_midyear-bank-outlook_en_updated.pdf&amp;type=research_en</loc>
<lastmod>2023-08-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=92215c4b-5a1e-4567-bf15-65e14fff6db5&amp;pdfUrl=%2Fupload%2F20230602_commentary_real-estate-monthly-roundup_en.pdf&amp;type=research_en</loc>
<lastmod>2023-06-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=15a879ac-7241-4990-9b17-6a9a47d38db7&amp;pdfUrl=%2Fupload%2F20230316_commentary_lgfv-impact-on-banks_en.pdf&amp;type=research_en</loc>
<lastmod>2023-03-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=d93f4840-b66f-444f-9286-4be22f75c96c&amp;pdfUrl=%2Fupload%2F20230308_slides_auto_overview__outlook_en.pdf&amp;type=research_en</loc>
<lastmod>2023-03-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c09e3392-11d0-4734-93ba-b83dfd9432dc&amp;pdfUrl=%2Fupload%2F20230215_2023-outlook_en.pdf&amp;type=research_en</loc>
<lastmod>2023-02-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=cbcc140c-e090-49d4-a085-49acc5181d8e&amp;pdfUrl=%2Fupload%2F20230210_lgfv-outlook-2023_en.pdf&amp;type=research_en</loc>
<lastmod>2023-02-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=5984ab22-a095-406f-9915-88a97e7ba0a9&amp;pdfUrl=%2Fupload%2F20230210_lgfv-qa-bulletin_en.pdf&amp;type=research_en</loc>
<lastmod>2023-02-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ac5622bb-56ef-40be-a553-d22d0d97dbd1&amp;pdfUrl=%2Fupload%2F20230206_bulletin_consumer-trends_en.pdf&amp;type=research_en</loc>
<lastmod>2023-02-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a164a9ac-3993-495a-a983-ccd0521ae4fc&amp;pdfUrl=%2Fupload%2F20230112_property-outlook_en.pdf&amp;type=research_en</loc>
<lastmod>2023-01-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ca45529a-340d-4eb5-a2cf-bf3d06163df7&amp;pdfUrl=%2Fupload%2F20230112_jiangsu-zhejiang-lgfv-deep-dive_en.pdf&amp;type=research_en</loc>
<lastmod>2023-01-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b72b56e7-a61a-42bf-8a85-e942f2419553&amp;pdfUrl=%2Fupload%2F20221202_bulletin_regulatory-measures-on-developer_en.pdf&amp;type=research_en</loc>
<lastmod>2022-12-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=0d9c0ddf-2ad7-43a1-949d-e7f0a065799b&amp;pdfUrl=%2Fupload%2F20221201_commentary_real-estate-support-policy_en.pdf&amp;type=research_en</loc>
<lastmod>2022-12-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=e8dc036b-d8e0-4e63-90ec-897674609e5a&amp;pdfUrl=%2Fupload%2F20221116_real-estate-policy-bulletin_en.pdf&amp;type=research_en</loc>
<lastmod>2022-11-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=5167fe30-a3be-45f7-9373-a30c7b286f6d&amp;pdfUrl=%2Fupload%2F20221014_real-estate-policy-bulletin_en-updated.pdf&amp;type=research_en</loc>
<lastmod>2022-10-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=47ec8b35-e0e9-4522-b5f6-cf9a9c8a2165&amp;pdfUrl=%2Fupload%2F20221010_bulletin_spg-spc-rating-scales_en.pdf&amp;type=research_en</loc>
<lastmod>2022-10-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c9e401c7-0b3e-4fc1-9079-73c07f0e2e5e&amp;pdfUrl=%2Fupload%2F20220923_commentary_tier-2-bond-risk-rising_en.pdf&amp;type=research_en</loc>
<lastmod>2022-09-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=1be573c5-7497-4674-9910-b8ec38d93dab&amp;pdfUrl=%2Fupload%2F20220914_bulletin_lanzhou-lgfv-technical-default_en.pdf&amp;type=research_en</loc>
<lastmod>2022-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=56daabed-fa4e-4633-993e-22c24d2219fe&amp;pdfUrl=%2Fupload%2F20220908_commentary_liaoning-bank-failures_en.pdf&amp;type=research_en</loc>
<lastmod>2022-08-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=0b5fe039-3c0a-420a-9a3c-d58fd078107b&amp;pdfUrl=%2Fupload%2F20220811_mid-year-outlook_en.pdf&amp;type=research_en</loc>
<lastmod>2022-08-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=dad8670f-8f09-4d1e-8c02-814a760f91e8&amp;pdfUrl=%2Fupload%2F20220726_spc-rating-scales-commentary_en.pdf&amp;type=research_en</loc>
<lastmod>2022-07-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=08af3955-e237-4a07-abd1-e409c40ac07f&amp;pdfUrl=%2Fupload%2F20220629_fiscal-reforms-bulletin_en.pdf&amp;type=research_en</loc>
<lastmod>2022-06-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=c77564d3-f005-4b45-a346-c5c85bff682a&amp;pdfUrl=%2Fupload%2F20220515_commercial-leasing-ppt_en_v2.pdf&amp;type=research_en</loc>
<lastmod>2022-05-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=014dcf47-5c92-4d91-a876-c34197ffe0bd&amp;pdfUrl=%2Fupload%2F20220518_tlac-research_en.pdf&amp;type=research_en</loc>
<lastmod>2022-05-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=b144ff88-c4d9-440e-896a-7ec1e0faa160&amp;pdfUrl=%2Fupload%2F20220516_amc-research_en.pdf&amp;type=research_en</loc>
<lastmod>2022-05-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=2ea4f0b9-0128-4780-8722-3930b6c49cd2&amp;pdfUrl=%2Fupload%2F20220511_commentary_private-banking_en.pdf&amp;type=research_en</loc>
<lastmod>2022-05-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=557bb5fe-08f2-4c73-b8a5-446dcb903eee&amp;pdfUrl=%2Fupload%2F20220511_rural-banks_en.pdf&amp;type=research_en</loc>
<lastmod>2022-05-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=31ad6009-6c11-477a-bbd2-a834671620fd&amp;pdfUrl=%2Fupload%2F20220511_rmbs-overview_en.pdf&amp;type=research_en</loc>
<lastmod>2022-05-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=0be7d795-bcdb-4f1e-a6c9-d56f3e620e3a&amp;pdfUrl=%2Fupload%2F20220511_real-estate-loans_en2.pdf&amp;type=research_en</loc>
<lastmod>2022-05-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=2535d025-18cc-4699-82d2-55f3a648287e&amp;pdfUrl=%2Fupload%2F20220511_auto-abs-overview-outlook_en.pdf&amp;type=research_en</loc>
<lastmod>2022-05-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a23c74e3-3074-478b-9005-b5b4d256fc12&amp;pdfUrl=%2Fupload%2F20220505_rrr-cuts_en.pdf&amp;type=research_en</loc>
<lastmod>2022-05-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=18587ec5-0178-428a-bbc8-69f05709ac10&amp;pdfUrl=%2Fupload%2F20220425_financial-leasing-ppt_en.pdf&amp;type=research_en</loc>
<lastmod>2022-04-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=088b3cf9-7b22-478a-92cc-094907615dcd&amp;pdfUrl=%2Fupload%2F20220419_commentary-real-estate-faq-update_en.pdf&amp;type=research_en</loc>
<lastmod>2022-04-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b9668b0d-5aef-4bdd-9b4f-345832d2b693&amp;pdfUrl=%2Fupload%2F20220531_commentary_pboc-fi-rankings_en.pdf&amp;type=research_en</loc>
<lastmod>2022-04-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=33cecda5-8c62-472c-b718-8a0080cb08fb&amp;pdfUrl=%2Fupload%2F20220408_commentary_finco-business-position_en.pdf&amp;type=research_en</loc>
<lastmod>2022-04-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=4e4428b4-ddb3-40d4-88fa-8cb04c38b02a&amp;pdfUrl=%2Fupload%2F20220408_commentary_finco-funding-and-liquidity_en.pdf&amp;type=research_en</loc>
<lastmod>2022-04-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=8bfa57dd-bff2-4d22-ac9b-8530afaceb6f&amp;pdfUrl=%2Fupload%2F20220325_commentary_finco-risk-position_en.pdf&amp;type=research_en</loc>
<lastmod>2022-03-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=8faebb33-de9a-48b4-a860-fdf2345d7853&amp;pdfUrl=%2Fupload%2F20220322_commentary_bank-funding-liquidity_en.pdf&amp;type=research_en</loc>
<lastmod>2022-03-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=93f6b5c5-6aab-4dc8-b588-09fcc8f03abe&amp;pdfUrl=%2Fupload%2F20220318_commentary_bank-business-position_en_2.pdf&amp;type=research_en</loc>
<lastmod>2022-03-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=879f3750-c5a7-431f-ac73-fa530f89314e&amp;pdfUrl=%2Fupload%2F20220315_lgfv-outlook-2022_en.pdf&amp;type=research_en</loc>
<lastmod>2022-03-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=f1be9e32-34c3-4556-8c70-69dc1ab8b6ea&amp;pdfUrl=%2Fupload%2F20220309_commentary_bank-risk-position_en.pdf&amp;type=research_en</loc>
<lastmod>2022-03-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=1c2616ed-16e5-4c01-9ce5-590f41e7ebbb&amp;pdfUrl=%2Fupload%2F20220217_real-estate-pre-sale-funds_en.pdf&amp;type=research_en</loc>
<lastmod>2022-02-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=1ae99ecf-6ebc-48ee-9ec7-0f862a0cb86e&amp;pdfUrl=%2Fupload%2F20220217_commentary-group-support-en.pdf&amp;type=research_en</loc>
<lastmod>2022-02-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=9357020c-92a8-471f-9299-162de3a85b3b&amp;pdfUrl=%2Fupload%2F20220216_commentary_broker-credit-distribution_en2.pdf&amp;type=research_en</loc>
<lastmod>2022-02-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=58aabca8-68e4-4035-b8ac-8bf0315173b9&amp;pdfUrl=%2Fupload%2F20220120_commentary_holistic-adjustment_en.pdf&amp;type=research_en</loc>
<lastmod>2022-01-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=dfac864f-673d-413a-a200-64ed8981e3d6&amp;pdfUrl=%2Fupload%2F20220118_commentary_life_insurance_outlook_en.pdf&amp;type=research_en</loc>
<lastmod>2022-01-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=5d9b8537-75eb-4457-ba3e-ed3532e8722f&amp;pdfUrl=%2Fupload%2F20220117_pc-insurance-outlook_en2.pdf&amp;type=research_en</loc>
<lastmod>2022-01-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=8ec3f54b-39e9-4f69-b72b-4b6d1d58d5bd&amp;pdfUrl=%2Fupload%2F20211223_2022-outlook_en.pdf&amp;type=research_en</loc>
<lastmod>2021-12-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3b9e2aa4-7597-4f9f-8da9-4f85e43bdc1e&amp;pdfUrl=%2Fupload%2F20211221_ma-research_en.pdf&amp;type=research_en</loc>
<lastmod>2021-12-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=dc966c15-f44c-4b91-9904-d6d3264fc227&amp;pdfUrl=%2Fupload%2F20211214_real-estate_sf-faq-commentary_en.pdf&amp;type=research_en</loc>
<lastmod>2021-12-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=ffcd8bb3-731c-4334-9103-6da22d97c097&amp;pdfUrl=%2Fupload%2F20211213_city-bank-research_en.pdf&amp;type=research_en</loc>
<lastmod>2021-12-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=6fd0a882-1230-4c08-84b0-5f8313b8f4ae&amp;pdfUrl=%2Fupload%2F20211130_commentary_insurance-distribution_en.pdf&amp;type=research_en</loc>
<lastmod>2021-11-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=c3ddd4ae-294b-479e-b794-981b20e91503&amp;pdfUrl=%2Fupload%2F20211126_slides_bank-quarterly-2021q3_en.pdf&amp;type=research_en</loc>
<lastmod>2021-11-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3196c055-9912-40b9-a46e-559f93c85a34&amp;pdfUrl=%2Fupload%2F20211125_commentary_regional-government-bond_en.pdf&amp;type=research_en</loc>
<lastmod>2021-11-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=364713df-7d24-424f-b19c-54d8002abf26&amp;pdfUrl=%2Fupload%2F20221020_auto-finance-ppt_en-updated.pdf&amp;type=research_en</loc>
<lastmod>2021-11-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=fbe6b7e5-9a40-4423-a0dc-65e9b376e0ec&amp;pdfUrl=%2Fupload%2F20211116_real-estate-outlook_en.pdf&amp;type=research_en</loc>
<lastmod>2021-11-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ee350b6b-bd5e-436c-8947-4cf36528f879&amp;pdfUrl=%2Fupload%2F20211111_bulletin_real-estate-developer-research_en.pdf&amp;type=research_en</loc>
<lastmod>2021-11-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=21fd636b-54b6-43ea-b7f6-3a23fdb4b215&amp;pdfUrl=%2Fupload%2F20211108_real-estate_rmbs-faq-commentary_en.pdf&amp;type=research_en</loc>
<lastmod>2021-11-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=7685e3b0-2cd9-4648-9b81-7eb39360d55c&amp;pdfUrl=%2Fupload%2F20211103_asset-scale-commentary_en.pdf&amp;type=research_en</loc>
<lastmod>2021-11-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=29399257-d1a1-47e8-8996-fbb46fb55307&amp;pdfUrl=%2Fupload%2F20211103_energy-restrictions_en.pdf&amp;type=research_en</loc>
<lastmod>2021-11-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b81230df-2eaf-4bc7-96e8-1314977e95ed&amp;pdfUrl=%2Fupload%2F20211029_commentary_real-estate_en2.pdf&amp;type=research_en</loc>
<lastmod>2021-10-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=0ab65e92-9853-49cc-9d56-97b7350b841d&amp;pdfUrl=%2Fupload%2F20211026_property-tax-bulletin_en.pdf&amp;type=research_en</loc>
<lastmod>2021-10-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c8d66378-673b-4927-b299-c8a4c89daf2d&amp;pdfUrl=%2Fupload%2F20211026_too-big-to-fail-real-estate-commentary_en.pdf&amp;type=research_en</loc>
<lastmod>2021-10-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3fce6de4-e224-4320-abd4-f7ee96b1cbd0&amp;pdfUrl=%2Fupload%2F20211022_commentary-bank-anchor_en-1-.pdf&amp;type=research_en</loc>
<lastmod>2021-10-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=e49568ad-787b-48ce-b1fe-030b58af424a&amp;pdfUrl=%2Fupload%2F20211021_dsibs-commentary_en.pdf&amp;type=research_en</loc>
<lastmod>2021-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=e79cb494-24e8-47ba-8340-9845357f16a0&amp;pdfUrl=%2Fupload%2F20220217_domestic-bank-slides_en.pdf&amp;type=research_en</loc>
<lastmod>2021-10-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=91632087-fbd9-4283-935a-c6f75665518d&amp;pdfUrl=%2Fupload%2F20211015_real-estate-faq_en.pdf&amp;type=research_en</loc>
<lastmod>2021-10-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=bb4ece3a-5c04-4d2a-ac3f-fb870405d3a4&amp;pdfUrl=%2Fupload%2F20211012_commentary_pc-insurers_en.pdf&amp;type=research_en</loc>
<lastmod>2021-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b6d4a9fd-1387-4939-856f-de36b01511d8&amp;pdfUrl=%2Fupload%2F20210930_coal-prices-bulletin_en.pdf&amp;type=research_en</loc>
<lastmod>2021-09-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=9aebaa8a-a63d-4213-a8ca-9401a42b12fb&amp;pdfUrl=%2Fupload%2F20210929_commentary_life-insurers_en.pdf&amp;type=research_en</loc>
<lastmod>2021-09-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=90e80f6d-7c2f-4de8-a15d-7901b6210e67&amp;pdfUrl=%2Fupload%2F20210929_commentary_rail-transit-research_en.pdf&amp;type=research_en</loc>
<lastmod>2021-09-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ffa9e9b6-4644-4448-b1de-d9d9f9f523ae&amp;pdfUrl=%2Fupload%2F20210929_steel-bulletin_en.pdf&amp;type=research_en</loc>
<lastmod>2021-09-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=19ced033-0bae-45da-b789-a3ea5def2429&amp;pdfUrl=%2Fupload%2F20210924_commentaryfinco-capital-and-earnings_en.pdf&amp;type=research_en</loc>
<lastmod>2021-09-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=bd5d1ec0-0574-4139-afb1-03a55894bb7b&amp;pdfUrl=%2Fupload%2F20210923_commentary_how-we-approach-banks-capital-earnings_en.pdf&amp;type=research_en</loc>
<lastmod>2021-09-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c521d141-3239-46e3-a247-eb9320d810f4&amp;pdfUrl=%2Fupload%2F20210917_express-delivery-bulletin_en.pdf&amp;type=research_en</loc>
<lastmod>2021-09-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=f7015c7d-398c-4053-b029-cecf5d46550c&amp;pdfUrl=%2Fupload%2F20210915_slides-foreign-bank-research_en.pdf&amp;type=research_en</loc>
<lastmod>2021-09-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-research/2021-09-10_bulletin_chemicals_en</loc>
<lastmod>2021-09-10T16:44:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=eedc0587-2d23-46c1-a141-fad8a15ac159&amp;pdfUrl=%2Fupload%2F20210910_aluminum-bulletin_en.pdf&amp;type=research_en</loc>
<lastmod>2021-09-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=16ae4d95-7b04-4093-b7ab-f77a6bb0b046&amp;pdfUrl=%2Fupload%2F20210909_commentary_fhc_2021_en.pdf&amp;type=research_en</loc>
<lastmod>2021-09-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=ec79cf4a-066d-42b4-b498-ae670df43d68&amp;pdfUrl=%2Fupload%2F20210907_slides_bank-quarterly-2021q2_en.pdf&amp;type=research_en</loc>
<lastmod>2021-09-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a45d9844-2567-41be-87c7-3b77ef6a54f9&amp;pdfUrl=%2Fupload%2F20210827_govt-regulation-on-group-support_en.pdf&amp;type=research_en</loc>
<lastmod>2021-08-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=88a7be2f-3bc9-42eb-b609-7f8e630bff0a&amp;pdfUrl=%2Fupload%2F20210825_-commentary_spg-impact-under-panda-bond-methodology_en.pdf&amp;type=research_en</loc>
<lastmod>2021-08-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=5594d0ee-9280-4b05-bcc7-580964923f34&amp;pdfUrl=%2Fupload%2F20210825_bulletin-an-steel_en.pdf&amp;type=research_en</loc>
<lastmod>2021-08-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b86e230d-04aa-4f0a-84c4-dc136b6246b1&amp;pdfUrl=%2Fupload%2F20210823_airports-commentary_en.pdf&amp;type=research_en</loc>
<lastmod>2021-08-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ba9b9ed6-319b-461d-a162-6d5bfef00aac&amp;pdfUrl=%2Fupload%2F20210819_bulletin-real-estate-liquidity-pressure_en.pdf&amp;type=research_en</loc>
<lastmod>2021-08-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ef0eb3b5-366d-4bf4-b91e-c2dfd2927d25&amp;pdfUrl=%2Fupload%2F20210817_commentary-captive-finance-company_en.pdf&amp;type=research_en</loc>
<lastmod>2021-08-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=8cbbd645-85af-486a-84e5-a6d80873d399&amp;pdfUrl=%2Fupload%2F20210817_bulletin-hog-farming_en.pdf&amp;type=research_en</loc>
<lastmod>2021-08-17T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=fb1d56db-e8db-43dc-b4f3-e5d783ea83f1&amp;pdfUrl=%2Fupload%2F20210811_commentary_structural-subordination_en.pdf&amp;type=research_en</loc>
<lastmod>2021-08-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=34cd4d74-db6e-4a2c-a155-60ebd6a9933d&amp;pdfUrl=%2Fupload%2F20210805_bulletin-cbirc-regulations_en.pdf&amp;type=research_en</loc>
<lastmod>2021-08-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a78dbfe1-4e95-42d9-96fe-aba826f5a131&amp;pdfUrl=%2Fupload%2F20210805_commentary_credit-faq-on-govt-support-of-fis_en.pdf&amp;type=research_en</loc>
<lastmod>2021-08-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=eef61c10-ec02-44fe-83ba-2e3225d1618b&amp;pdfUrl=%2Fupload%2F20210804_bulletin-lgfv-bond-issuance_en.pdf&amp;type=research_en</loc>
<lastmod>2021-08-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=0b4656f4-b35b-4fa7-a05c-939d07b6ec63&amp;pdfUrl=%2Fupload%2F20210719_bulletin-languang-default_en.pdf&amp;type=research_en</loc>
<lastmod>2021-07-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=8500f8d9-9bab-4c6d-8334-70067fc6a3c8&amp;pdfUrl=%2Fupload%2F20210719_commentary_2021-mid-year-corp-outlook_en.pdf&amp;type=research_en</loc>
<lastmod>2021-07-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a89224e1-2581-4114-ab3c-b3df6d61c833&amp;pdfUrl=%2Fupload%2F20210708_commentary-financial-groups-credit-profiles_en.pdf&amp;type=research_en</loc>
<lastmod>2021-07-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=74d267a8-915b-4981-b02e-aaf78367414d&amp;pdfUrl=%2Fupload%2F20210707_commentary-faq-on-foreign-bank-support_en.pdf&amp;type=research_en</loc>
<lastmod>2021-07-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=d7bfc197-1f72-4475-a391-4ff194ead49a&amp;pdfUrl=%2Fupload%2F20210706_bulletin-china-post-express-delivery_en.pdf&amp;type=research_en</loc>
<lastmod>2021-07-06T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=28cc1759-f68a-4424-9ee4-d00975506a19&amp;pdfUrl=%2Fupload%2F20210629_commentary_property-deleveraging_en.pdf&amp;type=research_en</loc>
<lastmod>2021-06-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3419edc4-882b-4084-9c42-8bb9478425c8&amp;pdfUrl=%2Fupload%2F20210628_bulletin_tianjin-soe-reform_en.pdf&amp;type=research_en</loc>
<lastmod>2021-06-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=61d08ffc-f3d5-4ac7-98a4-65bbba9d06fe&amp;pdfUrl=%2Fupload%2F20210628_bulletin_soe-credit-funds_en_28jun2021.pdf&amp;type=research_en</loc>
<lastmod>2021-06-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=a15658ba-90cc-41b2-b54e-5102f777e6cf&amp;pdfUrl=%2Fupload%2F20210611_bulletin_lrg-tax-policy_en.pdf&amp;type=research_en</loc>
<lastmod>2021-06-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c5339260-042d-49c5-86d8-720546f8f4e8&amp;pdfUrl=%2Fupload%2F20210525_credit-faq-on-fi-hybrid-bonds_en.pdf&amp;type=research_en</loc>
<lastmod>2021-05-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=2c17beb8-254e-4547-aa8f-686a56292bf1&amp;pdfUrl=%2Fupload%2Fslides_bank-quarterly-2021q1_en.pdf&amp;type=research_en</loc>
<lastmod>2021-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=39dd82a8-51dd-4e70-aaec-512878580f0e&amp;pdfUrl=%2Fupload%2Fauto-abs-overview-outlook_19apr2021_en.pdf&amp;type=research_en</loc>
<lastmod>2021-04-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=fe710198-c67d-48c1-996c-071ee4df5e84&amp;pdfUrl=%2Fupload%2F20210416_research-slides_rmbs-overview_en.pdf&amp;type=research_en</loc>
<lastmod>2021-04-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3ca26405-77a3-48c5-8d63-3494b33c1613&amp;pdfUrl=%2Fupload%2F20210310_commentary_insurance_groups_10mar2021_en.pdf&amp;type=research_en</loc>
<lastmod>2021-03-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=f438fdf1-2957-4c26-b82f-c8fb4b3d0881&amp;pdfUrl=%2Fupload%2F20210308_commentary_unregulated-leasing-companies_en.pdf&amp;type=research_en</loc>
<lastmod>2021-03-08T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=57f20234-e48f-4150-aae1-6addf0e5b89c&amp;pdfUrl=%2Fupload%2F20210305_commentary_adjustments-to-financial-data-en-formatted.pdf&amp;type=research_en</loc>
<lastmod>2021-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=bc44d458-e6a1-4b4e-9f10-5d791ca6e05e&amp;pdfUrl=%2Fupload%2F20210302_slides_bank-quarterly-2020q4_en.pdf&amp;type=research_en</loc>
<lastmod>2021-03-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=886b6961-6856-4b3c-aa5a-6fe78f01d531&amp;pdfUrl=%2Fupload%2F20210301_ihc-commentary_1mar2021_en.pdf&amp;type=research_en</loc>
<lastmod>2021-03-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=74dc0c10-b3f8-439e-8ea3-d6de8b00c0b3&amp;pdfUrl=%2Fupload%2F20210203_commentary_power-generation-ranking-research_3feb2021_en.pdf&amp;type=research_en</loc>
<lastmod>2021-02-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=76029a37-00fc-4ad4-9c0b-ac6a97c85392&amp;pdfUrl=%2Fupload%2Fslides_regional-bank-research_22jan2021_v2_en.pdf&amp;type=research_en</loc>
<lastmod>2021-01-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=8da70469-afd5-47c7-b98f-c7cc5737c6d5&amp;pdfUrl=%2Fupload%2F20210118_bulletin_lgfv-reforms_18jan2021_en.pdf&amp;type=research_en</loc>
<lastmod>2021-01-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=66fe6409-d5d5-4998-8758-e1156fa23fad&amp;pdfUrl=%2Fupload%2F20210111_commentary_2021-corp-outlook_11jan2021_en.pdf&amp;type=research_en</loc>
<lastmod>2021-01-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=5b56c747-918a-4c9f-b84b-769708d180cc&amp;pdfUrl=%2Fupload%2F20201221_commentary_tech-software_21dec2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-12-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=1c4f8d31-8aea-4993-8f0e-9f90d640076c&amp;pdfUrl=%2Fupload%2F20201209_commentary_lgfv-book_en.pdf&amp;type=research_en</loc>
<lastmod>2020-12-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=a90c1bbc-93c1-48f5-ba4a-39bed5a1ff86&amp;pdfUrl=%2Fupload%2F20201203_commentary_auto-industry-research_en.pdf&amp;type=research_en</loc>
<lastmod>2020-12-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=825e46d8-b74c-43f2-9545-6f1e6cab7108&amp;pdfUrl=%2Fupload%2F20201126_commentary_tech-hardware_26nov2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-11-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=725d15c3-69e3-4b83-b778-e5834c1c32ed&amp;pdfUrl=%2Fupload%2F20201125_slides_bank-quarterly-2020q3_en.pdf&amp;type=research_en</loc>
<lastmod>2020-11-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=f45d2f57-f700-4f55-9938-0c536a25fd99&amp;pdfUrl=%2Fupload%2F20201124_commentary_domestic-banks_en.pdf&amp;type=research_en</loc>
<lastmod>2020-11-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3a49aca7-db8d-424b-bd20-c58fefc94ba8&amp;pdfUrl=%2Fupload%2F20201118_commentary_life-insurers_18nov2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-11-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=99e40e2c-4cfa-4fa5-a7a1-a8ed2dea3a92&amp;pdfUrl=%2Fupload%2F20201116_commentary_baoshang-bank-hybrid-bond-write-down-demonstrates-loss-absorbing-features-of-hybrid-bonds-in-china.pdf&amp;type=research_en</loc>
<lastmod>2020-11-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=1b88c8e4-06e4-4073-b4c2-c0c14f92299d&amp;pdfUrl=%2Fupload%2F20201113_bulletin_soe_default_13nov2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-11-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=54e95b39-1457-46b1-8f1f-e0cc32b98fc6&amp;pdfUrl=%2Fupload%2F20201110_commentary_mega-bank-q3-performance-_10nov2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-11-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=eb345ccd-49a9-446e-8101-7600908ec684&amp;pdfUrl=%2Fupload%2F20201028_commentary_property-financing-red-lines_28oct2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-10-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=115024f4-02cb-422f-ba02-ea33662f830e&amp;pdfUrl=%2Fupload%2F20201028_commentary_highway-research_28oct2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-10-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=26cc1949-bf06-487b-a0fd-9fa60c51715f&amp;pdfUrl=%2Fupload%2F20201023_commentary_foreign-bank-subsidiary_23oct2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-10-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c8291709-a398-409d-a22c-9855afc4461c&amp;pdfUrl=%2Fupload%2F20201022_commentary_auto-finance_22oct2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-10-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=d5d462b1-ba27-4dd8-9176-e4558255feff&amp;pdfUrl=%2Fupload%2F20201022_commentary_chemicals_22oct2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-10-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=2e0f4174-ddce-4121-a01e-c32d9f117b98&amp;pdfUrl=%2Fupload%2F20201021_commentary_shanxi-coal-integration_21oct2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=711d94f1-4dd7-4b33-90e8-574d329ae223&amp;pdfUrl=%2Fupload%2F20201013_commentary_airlines-capital-injection_13oct2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-10-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b4bb65e9-ce41-4ace-95ed-1cd084751725&amp;pdfUrl=%2Fupload%2F20201013_commentary_ec-sector_13oct2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-10-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=6ca54a73-ef6d-462a-965c-e5245c0d1c98&amp;pdfUrl=%2Fupload%2F20201012_commentary_hubei-lgfvs_12oct2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-10-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=59e54b56-e91c-44ea-8dda-2ee41e4a9f0d&amp;pdfUrl=%2Fupload%2F20200929_commentary_npl-faq_29sep2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-09-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=d311c7eb-b698-4ecd-ad1b-4ab0c0988a2e&amp;pdfUrl=%2Fupload%2F20200918_commentary_mega-bank-q2-performance_18sep2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-09-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ced7686d-1216-46b0-9ce9-8d5444122283&amp;pdfUrl=%2Fupload%2F20200914_commentary_liaoning-lgfvs_14sep2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=9bb4ee4c-0e19-4a8d-8e4c-e6c29f6dc4a3&amp;pdfUrl=%2Fupload%2F20200914_commentary_jilin-lgfvs_14sep2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=bc0d7b63-66d2-4141-9a76-7de30b506c5c&amp;pdfUrl=%2Fupload%2F20200914_commentary_heilongjiang-lgfv_14sep2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-09-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c0d4b147-46d0-4e1c-a60b-e6b0bda4e8ce&amp;pdfUrl=%2Fupload%2F20200909_commentary_developers-indicative_9sep2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-09-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=fa996ae3-6eb4-46b6-ba16-b637c692b26c&amp;pdfUrl=%2Fupload%2F20200827_commentary_regulated-leasing-companies_27aug2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-08-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=f0a36a19-0ea5-4b45-b37e-c53c602a273d&amp;pdfUrl=%2Fupload%2F20200826_commentary_steel-integration_26-aug2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-08-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b1ee9147-ce97-4d71-a0b7-31dc200b9519&amp;pdfUrl=%2Fupload%2F20200826_commentary_property-financing-rules_26aug2020_en-ThqK.pdf&amp;type=research_en</loc>
<lastmod>2020-08-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=e70497d2-7c1c-4e94-976d-864680aa81a8&amp;pdfUrl=%2Fupload%2F20200820_commentary_steel_20aug2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-08-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=e916a575-ef49-4349-bdd0-398033585c17&amp;pdfUrl=%2Fupload%2F20200820_slides_bank-quarterly-2020q2_20aug2020_en.pptx&amp;type=research_en</loc>
<lastmod>2020-08-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3fe33793-1340-4df2-94c6-7ecc3a44b84b&amp;pdfUrl=%2Fupload%2F20200820_commentary_bank-quarterly-2020q2_20aug2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-08-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=9ad58b54-0a86-47c7-9387-7751011fb670&amp;pdfUrl=%2Fupload%2F20200812_commentary_ifrs-9-provisioning_12aug2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-08-12T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b382c296-fe5e-4290-beed-5f1ce74bfa0b&amp;pdfUrl=%2Fupload%2F20200803_commentary_parcel-delivery-companies_3aug2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-08-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=f2d741be-383f-432a-afc5-7e6bdbb59431&amp;pdfUrl=%2Fupload%2F20200803_commentary_-amcs_3aug2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-08-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=9f0ae26c-5921-41d0-8c55-1859ba1d1f06&amp;pdfUrl=%2Fupload%2F20200724_commentary_tianjin-lgfvs_24july2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=e5d81130-a6c5-444b-94ed-055ceb2c0f67&amp;pdfUrl=%2Fupload%2F20200724_commentary_hebei-lgfvs_24july2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-07-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=22e875df-a85e-4abd-964e-02430fe03b2a&amp;pdfUrl=%2Fupload%2F20200716_commentary_shanxi-lgfvs_16july2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-07-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=89fd5d92-b9b0-4f29-8545-2fb2a1d4f87b&amp;pdfUrl=%2Fupload%2F20200716_commentary_inner-mongolia-lgfvs_16july2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-07-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c4d57659-c1d2-45ea-8796-2fb65d915689&amp;pdfUrl=%2Fupload%2F20200713_commentary_shareholder-misbehavior_13july2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-07-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=c7b7a033-19d0-4e59-ba21-68f9d8b6bbd1&amp;pdfUrl=%2Fupload%2F20200701_commentary_hybrid-bonds_1july2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-07-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=335d165a-79e6-4899-9937-ac58618501db&amp;pdfUrl=%2Fupload%2F20200615_commentary_joint-stock-banks_15june2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-06-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=868d0d06-a00d-4461-84b4-b9e6a589ebac&amp;pdfUrl=%2Fupload%2F20200604_commentary_jiangsu-lgfvs_4june2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-06-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=dae591f9-3b6c-47c1-b971-2cfc31546c3d&amp;pdfUrl=%2Fupload%2F20200604_commentary_shandong-lgfvs_4june2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-06-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=44bddfad-82b6-45a2-a82d-82659ba35c48&amp;pdfUrl=%2Fupload%2F20200601_commentary_bank-affiliated-financial-leasing-companies_1june2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-06-01T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=e55a251a-41bf-48e0-8d46-657fd57a33b0&amp;pdfUrl=%2Fupload%2F20200529_commentary_developer-results_29may2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-05-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=dd2af464-817b-4572-8b16-a46de6129fd2&amp;pdfUrl=%2Fupload%2F20200525_commentary_auto-finance_25may2020_en_corrected.pdf&amp;type=research_en</loc>
<lastmod>2020-05-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=51bba715-7743-4559-be5b-5363d3ec0dee&amp;pdfUrl=%2Fupload%2F20200521_commentary_chongqing-lgfvs_21may2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ead88036-9530-4df6-a52c-09955943c2d7&amp;pdfUrl=%2Fupload%2F20200521_commentary_yunnan-lgfvs_21may2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=dfa6f068-8c8b-4d2d-be3a-8446f46156a4&amp;pdfUrl=%2Fupload%2F20200521_commentary_sichuan-lgfvs_21may2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=26e63909-fdc2-4b4c-b059-0dbac10a62df&amp;pdfUrl=%2Fupload%2F20200520_slides_bank-results-2020q1_en.pdf&amp;type=research_en</loc>
<lastmod>2020-05-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ec1c600e-83c5-4de0-aeb3-797d8156eabe&amp;pdfUrl=%2Fupload%2F20200511_commentary_mega-bank-q1-performance_11may2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-05-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=909f790c-4f70-4505-806b-dc2f6097177f&amp;pdfUrl=%2Fupload%2F20200511_commentary_jiangxi-lgfvs_11-may2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-05-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=dbb3bec9-b9a6-4ad9-99cf-64f95dc77a63&amp;pdfUrl=%2Fupload%2F20200430_commentary_rmbs-overview_30apr2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-04-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=142b101f-5ee4-49a3-a827-6462957dc40c&amp;pdfUrl=%2Fupload%2F20200429_slides_covid-19-on-industries_29apr2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-04-28T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=3e353853-18ad-4b5f-b735-86383fedc8ec&amp;pdfUrl=%2Fupload%2F20200424_commentary_mega-banks_24apr2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-04-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=6ebca0fd-f069-4654-9b9a-86865ca41eca&amp;pdfUrl=%2Fupload%2F20200422_commentary_fujian-lgfvs_22apr2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=6c56d27c-90b0-4c58-b940-1cc0aae9e688&amp;pdfUrl=%2Fupload%2F20200422_commentary_guangxi-lgfvs_22apr2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=e8031c91-a0ea-4a5a-9d69-d943ab8be6af&amp;pdfUrl=%2Fupload%2F20200420_commentary_shaanxi-lgfvs_20apr2020_en_corrected.pdf&amp;type=research_en</loc>
<lastmod>2020-04-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=24da10fe-c002-4ace-aedc-fd8a062aa52c&amp;pdfUrl=%2Fupload%2F20200420_commentary_henan-lgfvs_20apr2020_en_final.pdf&amp;type=research_en</loc>
<lastmod>2020-04-20T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=8cc586c7-8a37-46ae-b5f2-dc8e184eaa7c&amp;pdfUrl=%2Fupload%2F20200413_commentary_covid-19-on-developers_13arp2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-04-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=fd680422-5c48-4f2b-8a1f-427b5af965db&amp;pdfUrl=%2Fupload%2F20200413_commentary_anhui-lgfvs_13apr2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-04-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=07017f81-19ae-442c-827a-c62b8b4550a2&amp;pdfUrl=%2Fupload%2F20200413_commentary_guangdong-lgfvs_13apr2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-04-13T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=eac0066a-1b6b-416e-90c1-61948824e111&amp;pdfUrl=%2Fupload%2F20200402_commentary_hunan-lgfvs_2apr2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-04-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=e0451295-ade5-4a13-8212-13567da7233c&amp;pdfUrl=%2Fupload%2F20200402_commentary_zhejiang-lgfvs_2apr2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-04-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=f6081456-cdb3-43b3-92fe-2bd6ed440b7d&amp;pdfUrl=%2Fupload%2F20200324_commentary_rural-banks_24mar2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-03-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=207838ed-c64e-430d-8e50-c6e7aebe14c0&amp;pdfUrl=%2Fupload%2F20200324_commentary_city-banks_24mar2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-03-24T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=7782c5fa-f15b-442e-8f85-f90ef9f3c259&amp;pdfUrl=%2Fupload%2F20200323_commentary_defaults_23mar2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-03-23T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=f37bb998-3400-4c00-9f13-6083206dbbca&amp;pdfUrl=%2Fupload%2F20200316_commentary_poes_16mar2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-03-16T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=fea6d18d-6ec3-469d-8026-d407ab7a12f5&amp;pdfUrl=%2Fupload%2F20200310_commentary_auto-loan-market_10mar2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-03-10T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=a0e7b3ec-42d8-449b-982c-63ef6f9ee7a8&amp;pdfUrl=%2Fupload%2F20200304_commentary_china-corporate-outlook-2020_4mar2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-03-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=b53c2ff0-39d6-4f61-ac34-e35e4b3bc7b2&amp;pdfUrl=%2Fupload%2F20200303_commentary_domestic-banks_3mar2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-03-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=f7c5b340-f580-4a56-bcb3-5b70cf7e55e6&amp;pdfUrl=%2Fupload%2F20200226_commentary_foreign-bank-subsidiaries-26feb2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-02-26T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=dcc44e4b-6500-4a67-938f-b6f38005cffc&amp;pdfUrl=%2Fupload%2F20200219_commentary_coronavirus_19feb2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-02-19T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=37c7794e-8cc5-47ce-be75-9a971daeb547&amp;pdfUrl=%2Fupload%2F20200109_commentary_mega-banks_9jan2020_en.pdf&amp;type=research_en</loc>
<lastmod>2020-01-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=17602fb0-0dd8-4f1a-aaad-640ed490deb9&amp;pdfUrl=%2Fupload%2F20191127_commentary_mortgage-market_en.pdf&amp;type=research_en</loc>
<lastmod>2019-11-27T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=93f73d39-0b17-447d-982b-ccb5bf6a3452&amp;pdfUrl=%2Fupload%2F20191104_commentary_lgfv_4nov2019_en.pdf&amp;type=research_en</loc>
<lastmod>2019-11-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=240552c7-d52a-4bf4-a266-bca481aa4090&amp;pdfUrl=%2Fupload%2F20191104_commentary_china-top-corporates_4nov-2019_en.pdf&amp;type=research_en</loc>
<lastmod>2019-11-04T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=6bec8c18-8665-4828-9bfe-888df1780f63&amp;pdfUrl=%2Fupload%2F20191021_commentary_banking-credit-distribution_en_21oct2019.pdf&amp;type=research_en</loc>
<lastmod>2019-10-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=b74afa34-f0ef-454b-99d7-77957e0b3c3b&amp;pdfUrl=%2Fupload%2F20191011_commentary_chemicals_fibers-expansion_lei-wang_en_11oct2019.pdf&amp;type=research_en</loc>
<lastmod>2019-10-11T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=557987a9-5f18-423c-be9c-520545315a6b&amp;pdfUrl=%2Fupload%2F20191009_who-may-take-a-hit-as-china-further-floats-coal-power-tariffs_cn-Bwbm.pdf&amp;type=research_en</loc>
<lastmod>2019-10-09T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=c12ab3ae-bfd5-439d-a8d4-5e4e1a8734ed&amp;pdfUrl=%2Fupload%2F20190918_paths-diverge-for-china-s-clamped-developers_cn-DxzK.pdf&amp;type=research_en</loc>
<lastmod>2019-09-18T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=ef2eb40c-194f-4960-931c-f17107561b8a&amp;pdfUrl=%2Fupload%2F20190829_commentary_new-energy_29aug2019_en.pdf&amp;type=research_en</loc>
<lastmod>2019-08-29T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/enPdf?name=4b7f31f8-fee5-4cc0-a1de-97fbf905b686&amp;pdfUrl=%2Fupload%2F20190815_commentary_china-corporate-outlook_midyear-2019_en-BWKb.pdf&amp;type=research_en</loc>
<lastmod>2019-08-15T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/en/abstractPdf_en?name=331499a7-45f0-44f7-bc51-f916d5f9ee59&amp;pdfUrl=%2Fupload%2F20190702_commentary_china-s-developers-need-inventories-to-fuel-cash-generation_en.pdf&amp;type=research_en</loc>
<lastmod>2019-07-02T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-events/live-webinar-and-q-a-s-p-global-china-ratings-credit-rating-on-bnp-paribas-sa</loc>
<lastmod>2026-04-09T16:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-methodology/20250515_criteria_fi-methodology_en</loc>
<lastmod>2025-05-14T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-methodology/20250425_criteria_panda-bond-methodology_en</loc>
<lastmod>2025-04-25T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-methodology/20241211_criteria_mli-methodology_en</loc>
<lastmod>2024-12-11T18:09:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-methodology/20240307_criteria_insurance-methodology_en</loc>
<lastmod>2024-03-07T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-methodology/20240305_criteria_rmbs-methodology_en</loc>
<lastmod>2024-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-methodology/20240305_criteria_abs-methodology_en</loc>
<lastmod>2024-03-05T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-methodology/20240103_criteria_corporate-methodology_en</loc>
<lastmod>2024-01-03T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-methodology/20220421_criteria_spc-structured-finance-methodology_en</loc>
<lastmod>2022-04-22T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-methodology/20190730_criteria_sp-china-commentary_rmbs_en</loc>
<lastmod>2019-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-methodology/20190730_criteria_sp-china-commentary_abs_en</loc>
<lastmod>2019-07-30T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-methodology/20190521_criteria_spc-ratings-surveillance-methodology_en</loc>
<lastmod>2019-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-methodology/20190521_criteria_spc-supplemental-methodology-project-finance_en</loc>
<lastmod>2019-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-methodology/20190521_criteria_spc-general-considerations-on-rating-modifiers-and-relative-ranking_en</loc>
<lastmod>2019-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-methodology/20190521_criteria_spc-lrg-methodology_en</loc>
<lastmod>2019-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://www.spgchinaratings.cn/categories/en-methodology/20190521_criteria_spc-guarantee-methodology_en</loc>
<lastmod>2019-05-21T08:00:00+08:00</lastmod>
<changefreq>daily</changefreq>
<priority>0.7</priority>
</url>
</urlset>
