FilingReader Intelligence
Vanke secures 1.68bn yuan loan from largest shareholder
August 5, 2025 at 05:17 PM UTC•By FilingReader AI
China Vanke announced that its largest shareholder, Shenzhen Metro Group, will provide a loan of up to 1.681 billion yuan to repay bonds and interest.
Shenzhen Metro, holding 27.18% of Vanke, has previously provided 6.249 billion yuan in new loans and extended 890 million yuan. The loan interest rate is below the 1-year LPR.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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