Vanke A: Obtained a loan of 1.552 billion yuan from Shenzhen Metro Group.

date
14/05/2025
Vanke Group A announced that the company's largest shareholder, Shenzhen Metro Group, will provide a loan of up to 1.552 billion yuan to the company for the purpose of repaying the principal and interest of publicly issued bonds. The loan has a term of 36 months, with an annual interest rate of 2.34%, lower than the 1-year LPR. This loan does not require shareholder approval and has been approved by the company's board of directors and independent directors.