China Vanke Secures Up to RMB 1.14 Billion Loan Facility from Shenzhen Metro Group

Stock News

06/12

CHINA VANKE (HKEX: 02202) has announced the signing of a loan agreement with Shenzhen Metro Group, one of its major shareholders, following the close of market trading on June 12, 2026.

Under the terms of the agreement, Shenzhen Metro Group has committed to provide a loan facility with a maximum principal amount of RMB 1.14 billion to the company.

To secure the obligations under this loan agreement, the Vanke group is required to provide a pledge in favor of Shenzhen Metro Group. The collateral for this pledge is the group's accounts receivable from a specific project, amounting to RMB 1.14 billion, representing a pledge ratio of 100%.

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