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Academic Journal of Business & Management, 2024, 6(6); doi: 10.25236/AJBM.2024.060614.

The causes and consequences of the Tus-Est credit rating downgrade


Ye Ruixing, Dai Jingyang

Corresponding Author:
Ye Ruixing

Guangzhou Xinhua University of Accounting, Guangzhou, China


This paper conducts in-depth research and discussion on the difficulties faced by Tus-Est in recent years in terms of business operation, financial status and credit crisis, such as credit rating downgrade, large scale of equity pledge, internal control defects, market reputation damage, and deepening of overall credit crisis. And targeted a series of coping strategies, for Tus-Est out of the dilemma, reshaping the strategy to provide reference suggestions.


Equity pledge; Credit crisis; Financial risk; Development strategy

Cite This Paper

Ye Ruixing, Dai Jingyang. The causes and consequences of the Tus-Est credit rating downgrade. Academic Journal of Business & Management (2024) Vol. 6, Issue 6: 86-91. https://doi.org/10.25236/AJBM.2024.060614.


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