Vanke A announced that it intends to provide a credit guarantee of no more than 731 million yuan for the responsibilities of the holding subsidiary Hainan Wanjun in related matters. The company's wholly-owned subsidiary and Hengqin Wanjun hold 70% and 30% of Hainan Wanjun's shares respectively. Hengqin Wanjun will provide a counterguarantee of no more than RMB 219 million at a 30% shareholding ratio. As of November 30, 2025, the guarantee balance of the company and its holding subsidiaries was RMB 84.493 billion. After this guarantee, the total amount of external guarantees will reach RMB 85.224 billion, accounting for 42.05% of the company's audited net assets to the mother at the end of 2024, with no overdue guarantees.

Vanke A announced that it intends to provide a credit guarantee of no more than 731 million yuan for the responsibilities of the holding subsidiary Hainan Wanjun in related matters. The company's wholly-owned subsidiary and Hengqin Wanjun hold 70% and 30% of Hainan Wanjun's shares respectively. Hengqin Wanjun will provide a counterguarantee of no more than RMB 219 million at a 30% shareholding ratio. As of November 30, 2025, the guarantee balance of the company and its holding subsidiaries was RMB 84.493 billion. After this guarantee, the total amount of external guarantees will reach RMB 85.224 billion, accounting for 42.05% of the company's audited net assets to the mother at the end of 2024, with no overdue guarantees.