CHINA VANKE (02202): Abnormal Fluctuations in A-share Trading; No Major Matters That Should Be Disclosed but Have Not Been Disclosed

CHINA VANKE (02202) has issued an announcement that the A-shares of China Vanke Co., Ltd. (hereinafter referred to as the "Company") (securities abbreviation: China Vanke Co.,Ltd., securities code: 000002) had a cumulative closing price deviation exceeding 20% over three consecutive trading days (September 18, September 21, and September 22, 2026). According to the Trading Rules of the Shenzhen Stock Exchange and relevant provisions, this constitutes abnormal fluctuations in stock trading. In response to the abnormal fluctuations in the Company's stock, the Company has conducted a verification of relevant matters and has made a written inquiry to the Company's largest shareholder, Shenzhen Metro Group Co., Ltd. (hereinafter referred to as the "largest shareholder"). The relevant circumstances are explained as follows: 1. The Company's recent operating conditions have been stable, and no major changes have occurred in the internal and external operating environment. As disclosed in the Company's periodic reports, in 2026 the Company will focus on the two major themes of risk mitigation and development, firmly advance urban and business focus, and continuously enhance product and service capabilities. At the same time, the Company will continue to optimize its asset-liability structure, orderly ease maturing repayment pressure, and prudently dispose of debt risks through the revitalization of existing resources and bulk asset transactions, as well as through the implementation of refinancing, extensions, and other financing optimization measures. The Company is currently continuing to advance the relevant work. 2. The Company has noted the recent active trading in the stocks of listed companies in the real estate sector. The Company has not found any undisclosed major information reported in recent public media that may or has already had a relatively large impact on the Company's stock trading price. 3. Upon self-examination and verification through a letter to the largest shareholder, as of the disclosure date of this announcement, apart from information already publicly disclosed by the Company in designated media, neither the Company nor the largest shareholder has any major matters concerning the Company that should be disclosed but have not been disclosed. During the period of abnormal stock fluctuations, the largest shareholder did not actively buy or sell the Company's shares. 4. There is no information previously disclosed by the Company that needs to be corrected or supplemented. The Company's board of directors confirms that, apart from information already publicly disclosed and the aforementioned matters, the Company currently has no matters that should be disclosed but have not been disclosed under the Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange, nor any planning, negotiations, intentions, agreements, etc. related to such matters; the board of directors has also not learned of any information that should be disclosed but has not been disclosed under the Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange and that has a relatively large impact on the trading price of the Company's shares and their derivatives; and there is no information previously disclosed by the Company that needs to be corrected or supplemented.