China Bond Rating Co., Ltd. (hereinafter referred to as “CBR”) was founded in 2010 by National Association of Financial Market Institutional Investors (NAFMII) on behalf of all the membership. CBR insists on exploring and practicing investor-paid mode, and is committed to becoming an integrated services provider of credit information that is authoritative in China and influential in the world.

As the important measure of Chinese government’s commitment of promoting reforms on credit rating agencies at London G20 summit in 2009, and as the pilot unit of the People’s Bank of China to explore innovative development mode of credit rating agencies, over ten years of innovation and operation, CBR has established a well-structured and large-scale analyst team; formed a new rating principle and an industry-leading technical system; built a research system covering macro bond market, credit technology, industry and enterprise risk, structured financing, green finance and other fields. On this basis, the role of CBR in monitoring, analyzing, and warning credit risks in the bond market is gradually becoming apparent.

In the future, CBR will continue to deepen the exploration of investor-paid mode, boost the high-quality development of China's bond market, and strive to make more contributions to safeguarding the stable development of the financial market.