FilingReader Intelligence

China Vanke subsidiary faces CNY 75% guarantee liability

April 14, 2025 at 05:34 PM UTCBy FilingReader AI

China Vanke announced that its holding subsidiary, Chengdu Nanyang Dijin Properties, received an arbitration ruling from the Beijing Arbitration Commission on April 10, 2025. The dispute stems from a series of guarantee contracts related to a factoring agreement between Shenzhen Shanghe Huizhong Commercial Factoring and Chengdu Weihong Construction. Nanyang Dijin is liable for 75% of the debt, while seven other entities bear full joint liability.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:000002Shenzhen Stock Exchange
Real Estate

News Alerts

Get instant email alerts when China Vanke publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →