Vanke A: It is agreed that no more than 6 billion yuan worth of Wanwuyun stock will be used as collateral for the loan contract with Shenzhen Metro Group.

Vanke Group A announced that it has signed a "RMB 4.2 billion loan contract" with Shenzhen Metro Group and received RMB 4.2 billion loans. At the same time, the company signed a "RMB 4.2 billion loan supplementary agreement" with Shenzhen Metro Group, agreeing to use no more than RMB 6 billion Wanwu Cloud stocks as collateral for the original loan contract, and providing a 70% pledge rate. If the shareholder meeting fails to approve the stock pledge matter, Vanke will need to provide other qualified guarantees or repay the loan principal and interest.