Yuliang of Vanke: With the continuous implementation of policies, the industry is expected to gradually emerge from the adjustment cycle.

On November 20th, Vanke held its first interim shareholders' meeting for the year 2025. Yu Liang attended the meeting and responded to questions about the real estate market trend, stating that with the continuous implementation of policies, reasonable housing demand is gradually being met, and the industry is expected to gradually emerge from the adjustment period and move towards a new stage of stable development. Yu Liang believes that the content of the "15th Five-Year Plan Proposal" clearly demonstrates the important role of the real estate industry in safeguarding and improving people's livelihoods, and once again emphasizes the goal of high-quality development in the industry, which plays a crucial guiding role in the development of Vanke.