Vanke Co., Ltd Announcement on the progress of guarantees
Stock codes: 000002, 299903 Stock abbreviations: Vanke A, Vanke H Dai Announcement No.: 'Ten Thousand Yuan' 2026-058 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 company's controlling subsidiary applies for a loan from the bank, and the company's controlling subsidiary provides a credit guarantee to provide the corresponding loan as collateral.
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 The vice president made decisions on a single external guarantee amount of less than 5 billion yuan. This guarantee matter falls within the above guarantee limit, and the company's Executive Vice President is already within the authorization scope mentioned above