Vanke's two 20 billion yuan medium-term notes will be extended, and more than 17 billion yuan in principal and interest will be redeemed in the near future.

On June 10th, Vanke A's "23 Vanke MTN003" and "23 Vanke MTN004" 2026 first holders' meeting resolution shows that the extension plans for both bonds are approved by 100%. Consistent with the previous plan, for each holder account that attends the holders' meeting and votes in favor of the extension proposal, Vanke will implement a 100,000 yuan redemption on the original maturity date of the bond, as well as redeeming 40% of the principal and interest due; the remaining 60% of the principal will be extended for one year, with maturity dates of June 15, 2027 and July 7, 2027 respectively. According to the disclosure, the total outstanding balance of the two bonds is 4 billion yuan, with total interest due of 1.228 billion yuan. This also means that, after this plan is approved, Vanke will pay over 1.7 billion yuan in the near future, including fixed redemption arrangements, 40% of the principal, and related interest payments.