China Chengxin Credit Rating Co., Ltd.

China Chengxin Credit Rating Co., Ltd. (中证鹏元) is a credit-rating agency whose official website identifies the company as 中证鹏元资信评估股份有限公司. It was established in 1993 and describes itself as one of the earliest rating agencies established in China. The company conducts credit-rating business in domestic and overseas markets. Its official website states that it has received recognition from the People’s Bank of China, the China Securities Regulatory Commission, China’s National Development and Reform Commission, and the Securities and Futures Commission of Hong Kong. The site also states that the company is qualified to conduct market ratings for the insurance industry. The supplied evidence does not establish the company’s headquarters, founder, ownership, or detailed service lineup. Its documented business is credit rating; no further product or market details are asserted here.

The company’s official website says that it was established in 1993 and that its former names included 鹏元资信评估有限公司 and 深圳市资信评估公司. It describes the company as one of China’s earliest established rating agencies. The supplied information does not provide further dated details about its early operations, founders, ownership, or organizational changes. According to the same official source, the company later received recognition from the People’s Bank of China, the China Securities Regulatory Commission, the National Development and Reform Commission, and Hong Kong’s Securities and Futures Commission. The source does not give dates for those recognitions, so they cannot be placed more precisely in the company’s timeline. It also states that the company conducts credit-rating business in domestic and overseas markets and holds qualification for market ratings in the insurance industry. The evidence supports a history centered on the company’s 1993 establishment, its earlier names, and its stated regulatory recognitions and business qualifications. It does not substantiate additional milestones, transactions, leadership changes, or product launches.

• 1993

  Company established

A China-based rating agency with stated recognition from several Chinese and Hong Kong regulators and qualification for insurance-industry market ratings.

• Credit-rating services

  The company states that it conducts credit-rating business in domestic and overseas markets.

• Insurance-industry market ratings

  The company states that it holds qualification for market ratings in the insurance industry.

• 2024

  Rating Business Violations Draw Two Heavy PBOC Penalties

  Zhongzheng Pengyuan had six violations involving rating filing, procedures, independence, information reporting, rating consistency, and archive management; in 2025 it was again penalized for conducting rating business without following statutory procedures and for prudence and consistency issues. In 2024 it was warned and fined about RMB 6.01 million by the People's Bank of China, and responsible persons were fined; in 2025 it was fined another RMB 1.274 million.

  Source

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• Obtaining multi-regulator recognition for credit rating operationsOther

  Source

1. 1中证鹏元资信评估股份有限公司cspengyuan.com
2. 2Rating Business Violations Draw Two Heavy PBOC Penaltiespbc.gov.cn
3. 3Rating Business Violations Draw Two Heavy PBOC Penaltiesfinance.sina.com.cn
4. 4Rating Business Violations Draw Two Heavy PBOC Penaltiescls.cn