The likelihood of the company group to be delinquent in next 12 month is 13.4%, which belongs to medium level
delinquency risk group. Meanwhile, the theoretical probability of sever delinquency by subject company is
referenced as 15.31%, indicating that the base line for initial credit granting could be based on group level
delinquency, but should go through comprehensive overview of subject's credit worthiness before final decision.