Vanke Co., Ltd Announcement on the progress of guarantees
Stock codes: 000002, 299903 Stock abbreviations: Vanke A, Vanke H Dai Announcement No.: <万>2026-037 The company and all members of the board of directors guarantee that the announcement content is true, accurate, and complete, without any false records or misleading content
Statements or material omissions. To meet operational needs, Vanke Enterprise Co., Ltd. (hereinafter referred to as "the Company" or "Vanke") The controlling subsidiary of the company applied for a bank loan in advance, and the company's controlling subsidiary continued to use credit guarantees and equity rights Pledges and asset pledges provide collateral for corresponding loans.
The company's 2024 Annual General Meeting of Shareholders reviewed and approved the "Proposal to Submit to the Shareholders' Meeting to Authorize the Company and Its Controlling Subsidiaries The proposal on the company's external guarantee provision agrees that the total amount of new guarantees provided during the authorized validity period shall not exceed that amount RMB 150 billion, valid from the resolution of the 2024 Annual General Meeting until the 2025 Annual General Meeting The day of the grand assembly is to make a final decision. The Board of Directors has further delegated the company's execution upon obtaining authorization from the General Meeting of Shareholders Vice President Li Feng approved single external guarantees with amounts less than 5 billion RMB and signed relevant laws
legal documents. This guarantee matter falls within the above guarantee limit, and the company's Executive Vice President is already within the authorization scope mentioned above The decision is made to approve this guarantee matter. The specific details are as follows:
- Progress on existing guarantee matters (1) Overview of Guarantee Matters
In 2023, the company's controlling subsidiary, Lotus Real Estate I Investment Limited (hereinafter referred to as 'Lotus Real Estate I Investment Limited'), "Lotus") and six other entities have previously conducted free trade trials with China Minsheng Bank Co., Ltd. in Shanghai The district branch (hereinafter referred to as "Minsheng Shanghai Free Trade") applied for bank loans totaling 1.8 million yuan, The term is 3 years, and the withdrawal has been completed. The company's controlling subsidiary has provided guarantees through the following means.
Loan balance Serial Number Borrower Guarantee Method (Ten thousand yuan)
Nanjing Shenguotou Commercial Real Estate Co., Ltd. (hereinafter referred to as "Nanjing 1 Lotus 32,455.27 Shen Guotou" provided collateral for its holdings in Nanjing Jiangbei Impression Hui
1
GMI Suzhou Suzhou Yinli Enterprise Management Co., Ltd. (hereinafter referred to as "Suzhou Yin." 2 Holdings Inc. (hereinafter referred to as 57,620.79). Force") to provide mortgage security for its holdings in Suzhou Impression City called "GMI Suzhou") GMI Hangzhou Hangzhou Shenguotou Enterprise Management Co., Ltd. (hereinafter referred to as "Hangzhou"). 3 Holdings Inc. (hereinafter referred to as 26,250.00). Shen Guotou" will provide collateral for its holdings in Hangzhou Gudun Impression City called "GMI Hangzhou") Lotus holds CHINA SHEEN LIMITED (Zhongchen Limited). 4 Nanjing Shenguotou 11,043.92 The company (HK) provides 100% equity pledge guarantee GMI Suzhou holds Grand Fortress Limited (Jinxi). 5 Suzhou Yinli 17,233.30 Limited (HK) 100% equity pledged as collateral GMI Hangzhou is known for its holdings in Genius Charter Limited 6 Hangzhou Shenguotou 8,434.00 Bin Limited (HK) provides 100% equity pledge guarantee As of now, the total loan balance is RMB 1,527.4014 million. Recently upon application, Minsheng Shanghai Free Trade agreed to continue providing loans for a term of 18 months, with the above guarantee entities continuing to be the corresponding loan balances Guarantee for the amount; At the same time, SCPG Holdings Company Limited (INLG Group Holdings Limited, hereinafter referred to as "SCPG") provides joint and several liability guarantee guarantees for the loan balances of the six borrowing entities mentioned above. (2) Main content of the guarantee agreement