China Vanke to redeem "22 Vanke 07" corporate bonds early

China Vanke Co., Ltd. announced its decision to exercise the redemption option for its "22 Vanke 07" corporate bonds. All registered bondholders as of October 30, 2025, will have their bonds redeemed at 103.45 yuan per bond, including current period interest. The redemption process will conclude on October 31, 2025, which is also the ex-dividend date and delisting date for the bonds.

The redemption price includes interest accrued from October 31, 2024, to October 30, 2025, at an annual coupon rate of 3.45%. For every 10 bonds (par value 1,000 yuan), a total of 34.50 yuan will be distributed. Individual and securities investment fund bondholders will receive 27.60 yuan after tax, while non-resident enterprises (including QFII and RQFII) will receive 34.50 yuan.

This exercise is in accordance with the terms of the company's 2022 corporate bond issuance and follows the third interest-accrual year. China Vanke will entrust China Securities Depository and Clearing Corporation Limited Shenzhen Branch to manage the redemption process.