Core Insights - The article discusses the challenges faced by Shenzhen's rental market, particularly focusing on the "Wan Village Plan" initiated by Vanke, which has led to significant tenant relocations due to rental payment defaults by Wan Village Company [1][2][4] Group 1: Rental Defaults and Tenant Impact - Many tenants in Shenzhen are being asked to vacate their apartments due to the landlord's termination of contracts with Wan Village Company, which has failed to pay rent for over 60 days [1][4] - Tenants are offered three options: renew the lease directly with the landlord, relocate to another property managed by the company with incentives, or terminate the lease with compensation [3][7] - The scale of affected properties is estimated to be between 30,000 to 40,000 units, primarily linked to the "Wan Village Plan" [2][11] Group 2: Financial Struggles of the Company - Vanke's rental business has faced significant financial strain, with reported losses of 8,881 million yuan from January to November 2025, attributed to the "Wan Village Plan" properties entering a rental increase cycle [7][12] - The company has been unable to adjust rental prices in line with market rates, leading to a situation where some properties are operating at a loss [6][7] - Vanke is developing a rental repayment plan to address the outstanding payments owed to landlords, indicating a structured approach to mitigate the financial fallout [2][4] Group 3: Strategic Adjustments and Future Plans - Vanke is shifting towards a lighter asset management model, collaborating with local governments and enterprises to enhance operational efficiency and reduce costs [11][12] - The company has also engaged in asset securitization to convert some of its heavy assets into liquid capital, indicating a strategic pivot to improve financial health [12] - The overall strategy includes increasing the proportion of properties managed under lighter asset models and participating in affordable housing projects [11][12]

截至本公告披露日，郁亮先生持有公司股票 7,394,945 股。本次辞职生效后，郁 亮先生将继续遵守中国证监会《上市公司股东减持股份管理暂行办法》及《深圳证券 交易所上市公司自律监管指引第 18 号——股东及董事、高级管理人员减持股份》等 关于董事、执行副总裁辞任的公告 证券代码：000002、299903 证券简称：万科 A、万科 H 代 公告编号：〈万〉2026-002 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、误导性陈述 或者重大遗漏。 因到龄退休，郁亮先生于 2026 年 1 月 8 日向万科企业股份有限公司（以下简称 "公司"）董事会提交了书面辞职报告，申请辞去公司董事、执行副总裁职务。辞去 上述职务后，郁亮先生将不再担任公司任何职务。 根据《万科企业股份有限公司章程》等规定，郁亮先生的辞职报告自送达公司董 事会之日起生效。郁亮先生已确认与公司董事会无任何意见分歧，亦无其他事项需提 请公司股东、债权人、深圳证券交易所或香港联合交易所有限公司关注。郁亮先生的 辞职不会导致公司董事会成员低于法定人数，不会影响公司董事会的正常运作和公司 的日常经营。公司董事会将按照法定程序尽快完成 ...

智通财经APP讯，万科A(000002.SZ)公告，因到龄退休，郁亮先生于2026年1月8日向公司董事会提交了 书面辞职报告，申请辞去公司董事、执行副总裁职务。辞去上述职务后，郁亮先生将不再担任公司任何 职务。 ...

智通财经APP讯，万科企业(02202)发布公告，董事会于2026年1月8日收到公司执行董事及执行副总裁郁 亮先生(郁先生)提交的书面辞职报告。郁先生因到龄退休，申请辞去公司执行董事及执行副总裁职务， 辞职后将不再担任公司任何职务。郁先生的辞职报告自送达董事会之日起生效。 ...

萬科企業股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2202） 董事名單與其角色和職能 萬科企業股份有限公司第二十屆董事會（「董事會」）由8名董事組成，各董事的角色及職能載列如下： 非執行董事： 黃力平先生 （董事長） 胡國斌先生 雷江松先生 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因依賴該等內 容而引致的任何損失承擔任何責任。 CHINA VANKE CO., LTD.* 執行董事： 王蘊女士 ** 獨立非執行董事： 廖子彬先生 林明彥先生 沈向洋博士 張懿宸先生 董事會 中國，深圳，2026年1月8日 於本公告日期，董事會成員包括：非執行董事黃力平先生、胡國斌先生及雷江松先生；執行董事王 蘊女士；以及獨立非執行董事廖子彬先生、林明彥先生、沈向洋博士及張懿宸先生。 1 董事會設有三個專業委員會，各專業委員會成員載列如下： | | 專業委員會 | | | | | --- | --- | --- | --- | --- | | 董事 | | 審計委員會 | 薪酬與提 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因依賴該等內 容而引致的任何損失承擔任何責任。 CHINA VANKE CO., LTD.* 萬科企業股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2202） 執行董事、執行副總裁辭任 萬科企業股份有限公司（「本公司」）董事會（「董事會」）於2026年1月8日收到本公司執行董事及執行 副總裁郁亮先生（「郁先生」）提交的書面辭職報告。郁先生因到齡退休，申請辭去本公司執行董事及執 行副總裁職務，辭職後將不再擔任本公司任何職務。 郁先生的辭職報告自送達董事會之日起生效。截至本公告披露日，郁先生持有本公司A股股份7,394,945股。 郁先生確認與董事會無任何意見分歧，亦無其他事項需提請公司股東、債權人、深圳證券交易所或香港聯 合交易所有限公司關注。郁先生的辭職不會導致董事會成員低於法定人數，不會影響董事會的正常運作和 本公司的日常經營。董事會將按照法定程序儘快完成董事的補選工作。 萬科企業股份有限公司 董事會 中國，深圳，2026年 ...

Group 1 - The core viewpoint of the article highlights the upward movement of domestic property stocks, with notable increases in companies such as Vanke Enterprises, New Town Development, R&F Properties, and China Overseas Grand Oceans Group [1] - Vanke has reached an agreement with domestic lending institutions, including Bank of China, to adjust quarterly interest payments to annual payments, with the possibility of deferring similar interest payments until September 2026 [1] - A commentary published in "Qiushi" magazine emphasizes the need to improve and stabilize expectations in the real estate market, indicating a supportive stance from authorities [1] Group 2 - According to Caitong Securities, the decline in commodity housing sales is expected to continue narrowing by 2026, with anticipated sales growth post-market recovery being a key driver for future property company valuations [1] - The structure of land reserves is crucial for sales performance, and property companies with substantial provisions for impairment and those positioned in high-value real estate markets are likely to recover valuations first [1]

Group 1 - The core viewpoint of the article highlights the upward movement of several Chinese property stocks, with Vanke Enterprises (02202) rising by 4.18% to HKD 3.49, Xincheng Development (01030) increasing by 2.29% to HKD 2.23, R&F Properties (02777) up by 1.96% to HKD 0.52, and China Overseas Grand Oceans Group (00081) gaining 1.95% to HKD 2.09 [1] - Vanke has reached an agreement with domestic lending institutions, including Bank of China, to adjust quarterly interest payments to annual payments, with the option to defer similar interest payments until September 2026 [1] - A commentary published in the magazine "Qiushi" emphasizes the need to effectively improve and stabilize expectations in the real estate market [1] Group 2 - Caitong Securities forecasts that the decline in commodity housing sales is expected to continue narrowing by 2026, with anticipated sales growth post-market recovery being a key driver for future property company valuations [1] - The structure of land reserves is crucial in determining sales performance, and property companies with substantial impairment provisions and positioned in high-value real estate markets are likely to be the first to recover their valuations [1]

Group 1 - The China Interbank Market Dealers Association announced two notices regarding the convening of the first bondholders' meeting for Vanke's medium-term notes "22 Vanke MTN004" and "22 Vanke MTN005," involving a total of 5.7 billion yuan in bond extension matters [1][2] - The "22 Vanke MTN004" bond has a balance of 2 billion yuan, a coupon rate of 3.00%, and an original maturity date of December 15, 2025. Previous meetings extended the grace period for principal and interest payments from 5 working days to 30 trading days, with the grace period ending on January 28, 2026 [1] - The "22 Vanke MTN005" bond has a balance of 3.7 billion yuan, also with a coupon rate of 3.00%, and an original maturity date of December 28, 2025. The first bondholders' meeting on December 26 resulted in only the extension of the grace period being approved, with 92.11% voting in favor [2]

Group 1 - Vanke's two medium-term notes (MTN) are facing a critical moment regarding their extension, with a creditor meeting scheduled for January 21, just a week before the grace period ends on January 28 [1] - The balance of the "22 Vanke MTN004" is 2 billion yuan, with a coupon rate of 3.00%, and the original maturity date was December 15, 2025 [1] - If Vanke can communicate effectively with creditors and reach a consensus during the grace period, or if it pays the principal and interest, the bonds may avoid default risk [1] Group 2 - Shanghai Pudong Development Bank has extended the grace period for the repayment of the medium-term notes from 5 working days to 30 trading days, with the new deadline set for January 28, 2026 [2] - If the principal and interest are fully paid within the 30 trading days grace period, or if a waiver is granted through the bondholders' meeting, it will not constitute a default by the issuer [2] - The balance of the "22 Vanke MTN005" is 3.7 billion yuan, with a coupon rate of 3.00%, and the original maturity date was December 28, 2025 [3]