The reporter learned that Vanke has signed agreements with leading financial institutions such as China Merchants Bank to obtain 20 billion syndicated loans. The collateral is Vanke's Wanwei Logistics shares, which have received 10 billion dollars so far. In response, Vanke said that this 20 billion syndicated loan will help the company further enhance its liquidity, reflecting the strong support of financial institutions such as China Merchants Bank for the company. “The company has always maintained a good cooperative and trusting relationship with financial institutions, and all kinds of financing cooperation are being actively promoted. In the next step, the company will continue to act firmly, and has the confidence and ability to proactively and comprehensively complete the transformation of the financing model while properly handling maturing debts.” Industry insiders believe that according to public information that can be queried, this is the largest single syndicated loan amount provided by financial institutions to housing enterprises since the industry entered deep adjustments. (Financial Services Association)