Recently, Lehigh Institute received the AAA-rated Credit Certificate granted by China Petroleum and Chemical Engineering Survey and Design Association, and also received certificates for Honest Institution of Jiangsu Engineering Survey and Design Industry and Excellent Quality Management in Survey and Design of Jiangsu.
Granted by China Petroleum and Chemical Engineering Survey and Design Association, credit rating certificate of enterprises comprehensively evaluates the quality, competitiveness, finance, compliance and integrity of companies, regarded as a scale for company’s modernized management. Credit rating agencies evaluate companies according to stipulated indicators and grants ratings, including AAA, AA, A, B, C, from the highest to the lowest.
In recent years, Lehigh Institute undertook a number of major projects, including 4.5-million/year phosphorus mineral processing device design project of Yunnan Phosphate Chemical Group, 13.5-million/year phosphorus mineral processing device design project of Umwore, Saudi Arabia, etc. In 2009, it acquired AAA-rated credit certificate, and in 2012 and 2015 its certificate was renewed. According to the agreement between the Association and China Export & Credit Insurance Corporation, as Lehigh Institute acquired this certificate, it also acquired the AAA-rated credit certificate granted by China Export & Credit Insurance Corporation. The latter is mainly used for administrative licensing, qualification, bidding and policy support, hence is important for market expansion and foreign cooperation.