We view Hero Asia as a "highly strategically important" subsidiary of China Longyuan Power Group Corp. Ltd. We are assigning our 'BBB' long-term corporate credit rating and 'cnA' long-term Greater China regional scale rating to Hero Asia, which is Longyuan's sole offshore investment and financing platform. We are also assigning our 'BBB-' issue rating and our 'cnA-' Greater China regional scale rating to Hero Asia's proposed senior unsecured notes. The stable rating outlook on Hero Asia reflects the outlook on the parent company, Longyuan. On June 6, 2013, Standard&Poor's Ratings Services assigned its 'BBB' long-term corporate credit rating to Hero Asia Investment Ltd. The outlook is stable. At the same time, we assigned our 'cnA' long-term Greater China
