S&P Global Ratings assesses Jinan Lixia Holding Group Co. Ltd.'s Sustainable Finance Framework as aligned with Social Bond Principles, ICMA, 2023 (with June 2022 Appendix 1) and Social Loan Principles, LMA/LSTA/APLMA, 2023. Jinan Lixia is a Chinese local government-owned financing vehicle established in 2016 and based in the Lixia district of Jinan city.