Glonghui, May 23 | According to Vanke's announcement, the wholly-owned subsidiary provided guarantees for the company's bank loan application, involving an amount of 7.784 billion yuan. The company's wholly-owned subsidiaries guarantee related loans through asset collateral or equity pledges, etc., and some wholly-owned subsidiaries assume repayment obligations as co-borrowers. The guarantee matters are within the 150 billion yuan guarantee amount authorized by the shareholders' meeting, and the company's president has decided and agreed. This guarantee helps support the company's business development. The risk is manageable and complies with relevant regulations. As of April 30, 2024, the company and its holding subsidiaries had an external guarantee balance of RMB 28.582 billion, accounting for 11.40% of net assets at the end of 2023, with no overdue guarantees.
万科A：全资子公司为公司申请银行贷款提供担保 涉及金额达77.84亿元
Vanke A: The wholly-owned subsidiary provided a guarantee for the company to apply for a bank loan involving an amount of 7.784 billion yuan
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