Fitch Affirms China Energy Engineering Investment "BBB" Long-Term Foreign-Currency Issuer Rating; Outlook Stable

On October 21, Fitch confirmed the Long-Term Foreign-Currency Issuer Default Rating (IDR) of China Energy Overseas Investment Co., Ltd. ("China Energy Overseas Investment") at "BBB", with a Stable Outlook. The rating of China Energy Overseas Investment reflects its linkage with its direct parent, China Energy International Construction Group Co., Ltd. (China Energy International), based on Fitch's "parent strong, subsidiary weak" rating approach under its Parent and Subsidiary Linkage Rating Criteria.