Vanke A (000002.SZ) The largest shareholder, Shenzhen Iron and Steel Group, provided the company with a loan of up to 20.64 billion yuan.
The China Fortune Financial News APP reports that Vanke A (000002.SZ) announced that the company's largest shareholder, Shenzhen Metro Group Co., Ltd. (referred to as "Shen Tie Group"), has provided the company with a loan of up to 20.64 billion yuan to repay the principal and interest of the bonds issued by the company in the public market. The loan period does not exceed 3 years. Shen Tie Group has provided the company with a total loan of 238.77 billion yuan (excluding this loan).
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