Vanke's first quarter report: achieve a revenue of nearly 38 billion, with a collection rate of over 100%

On April 29th, Vanke released its first quarter report for 2025. With strong support from various parties and major shareholders, they actively implemented a comprehensive plan to promote reform, risk control, and integrated development. They achieved a revenue of nearly 38 billion, sales of nearly 35 billion, a repayment rate of over 100%, completed the high-quality delivery of over 10,000 housing units, and all public bonds were paid as scheduled in the first quarter. In addition, they completed a large-scale transaction of 38 billion, unlocking over 4 billion in repayments. In the first quarter, Vanke's new generation of integrated residential products were well-received in many cities, with Ideal Hua Di becoming the best-selling residential project in the main urban area of Guangzhou. Projects in cities such as Shanghai, Tianjin, and Hangzhou achieved a sales rate of over 80%. Furthermore, Vanke continues to prioritize independent innovation and has so far obtained nearly 300 national patents, with some key technologies being selected in the top international AI academic conferences. They also received the highest national award in the field of architectural technology, the "Huaxia Award".