We assess Cinda's SACP to be 'bb+' and believe that there is a "very high" likelihood that the government of China may extend extraordinary financial support to the company in case of need. We are assigning our 'A-' long-term and 'A-2' short-term issuer credit ratings to the China-based finance company. We are also assigning our 'cnAA' long-term and 'cnA-1' short-term Greater China regional scale ratings to Cinda. The stable outlook reflects our view that Cinda will maintain its market position, financial risk profile, and "very important" role for, and "very strong" link with, the Chinese government over the next 24 months. On April 29, 2014, Standard&Poor's Ratings Services assigned its 'A-' long-term and 'A-2' short-term issuer credit ratings
