CHINA VANKE(02202): Shenzhen Bohan provides a series of loans with its 100% equity in Shenzhen Bolan as collateral.

China Vanke (02202) announced that, in order to meet operational needs, the company's subsidiary is obtaining financing from financial institutions, with the company or its subsidiary providing guarantees for the financing through credit guarantees and equity pledges. Recently, the company's subsidiary Shenzhen Bolan Leasing Services Co., Ltd. ("Shenzhen Bolan") applied for and received a bank loan from Shanghai Pudong Development Bank Shenzhen Branch ("Shanghai Pudong Development Bank") in the amount of 1.08 billion yuan, with a term of 30 years. Another subsidiary, Shenzhen Bofan Housing Leasing Management Co., Ltd. ("Shenzhen Bofan"), provided pledge guarantees for the loan by pledging 100% of its equity in Shenzhen Bolan.