Vanke announced that in order to meet its operational needs, the company applied for a total loan of RMB 4.1 billion from Postal Savings Bank of China Shenzhen Branch (referred to as "Postal Savings Bank" below), and its holding subsidiaries provided guarantees for the relevant loans by pledging their project assets. Guarantee item 1: the company applied for a bank loan from Postal Savings Bank, with a total loan principal amount of RMB 1.6 billion and a term of 3 years. Xuzhou Wanzhe Real Estate Co., Ltd., a subsidiary of the company, provided the corresponding mortgage guarantee for the aforementioned loan by pledging the project land it holds. Guarantee item 2: the company applied for a bank loan from Postal Savings Bank, with a total loan principal amount of RMB 2.5 billion and a term of 3 years. Xi’an Wanhao Real Estate Development Co., Ltd., a subsidiary of the company, provided the corresponding mortgage guarantee for the aforementioned loan by pledging the project under construction it holds.
万科：向邮储银行申请合计41亿元贷款，期限3年，两家子公司提供抵押担保
Vanke applied for a total of RMB 4.1 billion loan from Postal Savings Bank of China with a term of 3 years, with two subsidiaries providing mortgage guarantees.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.