Investment Rating - The report maintains a "Neutral" rating for the company due to pressures from inventory reduction, impairment, and asset disposal [2]. Core Views - The company reported a significant decline in both revenue and net profit for the first half of 2024, with revenue at 142.78 billion RMB, down 28.9% year-on-year, and a net loss of 9.85 billion RMB, a decrease of 199.8% year-on-year [1][2]. - The decline in performance is attributed to several factors, including a significant drop in the scale and gross margin of property development projects, impairment provisions, and losses from non-core financial investments [1]. - The company remains a leader in the industry in terms of development scale, completing property deliveries of 74,000 units and achieving sales of 127.33 billion RMB, despite a 37% year-on-year decline [1]. - The company is actively pursuing cash flow through large asset and equity transactions, achieving a signed transaction amount of 20.4 billion RMB in the first seven months of 2024 [1]. - The company has successfully utilized financial support policies to transform its financing model, with a total of 61.2 billion RMB in new financing and refinancing in the first half of 2024 [1]. Summary by Sections Financial Performance - In the first half of 2024, the company reported operating revenue of 142.78 billion RMB, a decrease of 28.9% year-on-year, and a net loss attributable to shareholders of 9.85 billion RMB, a decline of 199.8% year-on-year [1]. - The gross margin for development business fell to 6.8%, down 13.5 percentage points year-on-year, with development revenue at 111.68 billion RMB, down 34.6% year-on-year [1]. Asset Management - The company completed resource revitalization and optimization worth 45.5 billion RMB, achieving cash inflow from revitalization and investment receivables of 8.1 billion RMB [1]. - The company has made progress in innovative asset trading tools, including the issuance of 3.26 billion RMB in commercial infrastructure REITs [1]. Financing Activities - The company secured a total of 61.2 billion RMB in new financing and refinancing in the first half of 2024, with a comprehensive financing cost of 3.66% [1]. - The company has also completed the repayment of 7.3 billion RMB in domestic public bonds and approximately 10.4 billion RMB in overseas public bonds [1].

万科 A (000002.SZ) 中性(维持评级) 公司点评 证券研究报告 当期业绩亏损，追求现金确保经营安全 事件 2024 年 8 月 30 日万科 A 披露 2024 年半年报，1H24 实现营业收入 1427.8 亿元,同比-28.9%;实现归母净利润亏损 98.5 亿元,同比 -199.8%;基本每股亏损 0.83元,同比-198.6%。 点评 规模利润均下滑、计提减值和资产处置,亏损超业绩预告下限:1H24 公司营业收入同比下滑&归母净利润亏损,主要由于:1房炮产开发 项目结算规模和毛利率显著下降,1H24 开发业务收入 1116.8亿元, 同比-34.6%,结算毛利率 6.8%,同比下降 13.5pct;②计提减值,1H24 计提存货跌价准备 21.0 亿元(含非并表项目计提 1.7 亿元),计提信 用减值损失 21.0 亿元;3部分非主业财务投资出现亏损,投资的普 洛斯投资性房地产从公允价值法调整为成本法,形成账面亏损约 10 亿元;4部分大宗资产交易、资产退出和股权交易价格低于账面值, 形成资产处置亏损。 开发规模维持行业第一梯队,持续推动存量盘活:1H24公司完成房 屋交付 7.4 万銮; ...

Investment Rating - The report maintains a **Buy** rating for the company, with a target price of **11.53 CNY**, unchanged from the previous rating [2] - The current price is **6.76 CNY**, indicating a significant upside potential [2] Core Views - The company's performance in H1 2024 was in line with expectations, with revenue of **142.78 billion CNY**, down **28.9% YoY**, and a net loss of **9.85 billion CNY**, down **199.8% YoY** [7] - Despite challenges, the company is supported by multiple state-owned enterprises in Shenzhen through various means such as bulk transactions, REITs subscriptions, and project collaborations [7] - The company is focusing on three main strategies: **ensuring housing delivery, ensuring payment obligations, and transitioning to high-quality development** [7] - The company is actively reducing inventory and optimizing its land reserves, with a total inventory value of **620.4 billion CNY**, down **11.6%** from the end of 2023 [7] Financial Performance - Revenue for 2024E is projected at **343.83 billion CNY**, down **26.2% YoY**, with net profit attributable to shareholders at **8.86 billion CNY**, down **27.2% YoY** [6] - The company's ROE is expected to decline to **3.4%** in 2024E, down from **9.3%** in 2022A [6] - The company's net debt ratio stands at **60.30%**, with a current P/B ratio of **0.3** [4] Operational Highlights - The company's new construction starts in H1 2024 were **4.12 million square meters**, achieving only **38.4%** of the annual plan, compared to **71.5%** in the same period last year [7] - Completed construction area in H1 2024 was **8.60 million square meters**, achieving **39.0%** of the annual plan, slightly below the **40.0%** achieved in the same period last year [7] - The company added only **3 new land parcels** in H1 2024, with an average land price of **3,944 CNY per square meter** [7] Industry Context - The company operates in the **real estate/finance** sector, facing challenges such as declining settlement scale and gross margins, as well as significant impairment losses [6][7] - The company is focusing on **inventory reduction** and **resource optimization**, including converting commercial properties to residential use and resource swaps [7] Valuation Metrics - The company's current P/E ratio is **3.55**, with a projected P/E of **9.10** for 2024E [6] - The company's P/B ratio is **0.33**, with a target P/B of **0.53** based on the target price [7]

证券代码：000002 证券简称：万科 A 万科企业股份有限公司投资者关系活动记录表 投资者关系 活动类别 □特定对象调研 □分析师会议 □媒体采访 √业绩说明会 □新闻发布会 □路演活动 □现场参观 □其他 （请文字说明其他活动内容） 活动参与人 员 投资者： 网络直播，面向所有投资者，参与人员约 16.3 万人 次 公司人员： 董事会主席郁亮，总裁祝九胜，联席总裁、开发经营 本部首席合伙人张海，联席总裁、物业事业集团首席 合伙人朱保全，执行副总裁、财务负责人韩慧华，执 行副总裁、首席运营官刘肖，董事会秘书朱旭 时间 2024 年 8 月 30 日星期五晚上 19:00—20:45 地点 直播观看地址： 1. 万科官网： 中文界面： https://www.vanke.com/investor/data?typeid=62&newsid=8110 英文界面： https://www.vanke.com/en/investor/data?typeid=62&newsid=8111 编号：2024-004 | | 2. 微信"易选房"小程序 | | --- | --- | | | 3. 全景网： | | | 中 ...

万科企业股份有限公司 2024 年半年度非经营性资金占用及其他关联资金往来情况汇总表 金额单位：人民币万元 | 非经营性 | 资金占用方 | 占用方与 | 上市公司 | 2024 年 | | 2024 年半年度 占用累计 | | 2024 年半年度 | 2024 | 年半年度 | 2024 | 年半年度 | | 占用 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 资金占用 | 名称 | 上市公司的 | 核算的 | 期初占用 | | 发生金额 | | 占用资金的 | | 偿还累计 | | 期末占用 | | 形成原因 | | 占用性质 | | | | 关联关系 | 会计科目 | 资金余额 | | (不含利息) | | 利息 (如有) | | 发生金额 | | 资金余额 | | | | | | 控股股东、实际控制人及 其附属企业 | 无 | 不适用 | 不适用 | | - | | - | | - | | - | | - | | - | 不适 ...

万科企业股份有限公司 第十一届监事会第六次会议决议公告 证券代码：000002、299903 证券简称：万科 A、万科 H 代 公告编号：〈万〉2024-090 （三）审议通过《关于计提和核销2024年半年度减值准备的议案》 经审核，监事会认为董事会编制和审议公司2024年半年度报告及其摘要的程序符合法律、 行政法规及中国证监会的规定，报告内容真实、准确、完整地反映了上市公司的实际情况， 不存在任何虚假记载、误导性陈述或者重大遗漏。 特此公告。 本公司及监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。 万科企业股份有限公司 监事会 二〇二四年八月三十日 万科企业股份有限公司（以下简称"公司"） 第十一届监事会第六次会议的通知于 2024年8月16日以电子邮件的方式送达各位监事。会议于2024年8月30日在深圳举行，会议应 到监事3名，亲自出席监事3名。监事会主席解冻主持会议。本次会议的召开符合《中华人民 共和国公司法》等法律法规及《万科企业股份有限公司章程》的规定。 会议分别以3票同意、0票反对、0票弃权通过以下决议： （一）审议通过《2024年半年度报告、摘要、财务报告和 ...

公告编号：2024-089 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。 一、董事会会议召开情况 万科企业股份有限公司 第二十届董事会第九次会议决议公告 证券代码：000002、299903 证券简称：万科 A、万科 H 代 万科企业股份有限公司（以下简称"公司"）第二十届董事会第九次会议的通知于 2024 年 8 月 15 日以电子邮件的方式送达各位董事。会议于 2024 年 8 月 30 日在深圳以现场和通 讯会议相结合方式举行，会议应到董事 11 名，亲自出席董事 11 名。董事会主席郁亮主持会 议，公司监事、高级管理人员列席了会议。本次会议的召开符合《中华人民共和国公司法》 等法律法规和《万科企业股份有限公司章程》的规定。 二、董事会会议审议情况 （二）审议通过《关于 2024 年半年度不派息、不进行公积金转增股本的议案》 公司 2024 年半年度不派发现金红利，不送红股，不进行资本公积金转增股本。 表决结果：赞成 11 票，反对 0 票，弃权 0 票。 （三）审议通过《关于计提和核销 2024 年半年度减值准备的议案》 （一）审议通过《2024 年半年 ...

万科企业股份有限公司 关于计提和核销 2024 年半年度减值准备的公告 证券代码：000002、299903 证券简称：万科 A、万科 H 代 公告编号：2024-093 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。 万科企业股份有限公司（以下简称"公司"）第二十届董事会第九次会议审议通过了《关 于计提和核销 2024 年半年度减值准备的议案》。根据《企业会计准则》及公司会计政策的 相关规定，公司对截至 2024 年 6 月 30 日存在减值迹象的资产进行了减值测试，本着谨慎原 则，对可能发生减值损失的资产计提了减值准备。 一、本次计提资产减值准备的综合情况 2024 年上半年度公司因计提或合并范围变动，共增加各类减值准备 417,877.49 万元， 转回或转销各类减值准备合计 169,196.97 万元。截至 2024 年 6 月 30 日，公司各项资产减值 准备余额合计人民币 1,469,417.53 万元，较上年末增加人民币 248,680.52 万元。 注：未考虑减值准备的转回或转销。 二、公司本期计提减值准备的详细情况 （一）信用损失准备和预付款项坏 ...

Financial Performance and Results - Revenue for the first half of 2024 was RMB 142.78 billion, a decrease of 28.93% year-over-year[9] - Net profit attributable to shareholders was a loss of RMB 9.85 billion, a decrease of 199.82% year-over-year[9] - Operating cash flow was negative RMB 5.18 billion, a decrease of 377.63% year-over-year[9] - Total assets decreased by 5.45% to RMB 1.42 trillion compared to the beginning of the year[9] - Net debt ratio increased by 7.38 percentage points to 62.04%[10] - The company achieved operating revenue of 142.78 billion yuan, down 28.9% YoY, with a net loss attributable to shareholders of 9.85 billion yuan, a 199.8% YoY decrease[20] - The company's basic earnings per share were -0.83 yuan, a 198.6% YoY decrease[20] - Total revenue for the first half of 2024 decreased to 142.78 billion RMB, a decline of 28.9% compared to 200.89 billion RMB in the same period of 2023[133] - Net loss for the first half of 2024 was 8.52 billion RMB, compared to a net profit of 15.17 billion RMB in the first half of 2023[133] - Total comprehensive loss for the first half of 2024 was 8.12 billion RMB, compared to a comprehensive income of 17.67 billion RMB in the first half of 2023[134] - Interest expenses for the first half of 2024 increased to 3.14 billion RMB, up from 3.05 billion RMB in the same period of 2023[133] - Asset impairment losses for the first half of 2024 were 2.01 billion RMB, compared to no impairment losses in the same period of 2023[133] - Total operating revenue for the first half of 2024 was RMB 1,138,296,663.69, a decrease of 32.3% compared to RMB 1,681,236,183.01 in the same period of 2023[136] - Net profit for the first half of 2024 was RMB 6,206,541,138.75, a decrease of 61.9% compared to RMB 16,283,640,246.27 in the same period of 2023[136] - Cash flow from operating activities was negative RMB 5,176,325,811.10 in the first half of 2024, compared to positive RMB 1,864,499,635.13 in the same period of 2023[138] - Cash flow from investing activities was positive RMB 4,975,520,783.46 in the first half of 2024, compared to negative RMB 293,419,231.45 in the same period of 2023[138] - Cash flow from financing activities was negative RMB 6,858,569,321.45 in the first half of 2024, compared to negative RMB 16,440,283,211.88 in the same period of 2023[140] - Total cash and cash equivalents at the end of the first half of 2024 were RMB 89,986,161,022.77, a decrease of 7.2% compared to RMB 96,942,577,448.50 at the beginning of the period[140] - Interest expenses for the first half of 2024 were RMB 4,195,335,369.59, a decrease of 13.6% compared to RMB 4,855,158,954.63 in the same period of 2023[136] - Investment income for the first half of 2024 was RMB 8,271,234,777.03, a decrease of 48.5% compared to RMB 16,050,364,777.19 in the same period of 2023[136] - Cash received from sales of goods and services was RMB 103,845,517,758.89 in the first half of 2024, a decrease of 35.5% compared to RMB 160,959,767,625.25 in the same period of 2023[138] - Cash paid for goods and services was RMB 69,446,220,711.83 in the first half of 2024, a decrease of 37.0% compared to RMB 110,197,500,448.18 in the same period of 2023[138] - Operating cash flow for the first half of 2024 was negative at -18.52 billion RMB, compared to a positive 1.65 billion RMB in the same period of 2023[142] - Investment cash flow for the first half of 2024 was positive at 1.82 billion RMB, a significant increase from 660.63 million RMB in the same period of 2023[142] - Financing cash flow for the first half of 2024 was positive at 5.42 billion RMB, compared to a negative -8.66 billion RMB in the same period of 2023[143] - Cash and cash equivalents decreased by 11.28 billion RMB in the first half of 2024, compared to a decrease of 6.36 billion RMB in the same period of 2023[143] - Total comprehensive income for the first half of 2024 was negative at -9.47 billion RMB, with a minority interest impact of 1.35 billion RMB[144] - Shareholders' equity decreased by 17.88 billion RMB in the first half of 2024, primarily due to a reduction in retained earnings and minority interest[144] - The company received 45.16 billion RMB from borrowings in the first half of 2024, compared to 28.64 billion RMB in the same period of 2023[143] - The company repaid 35.57 billion RMB of debt in the first half of 2024, compared to 41.73 billion RMB in the same period of 2023[143] - The company's cash and cash equivalents balance at the end of June 2024 was 7.12 billion RMB, down from 18.40 billion RMB at the beginning of the period[143] - The company's total equity at the end of June 2024 was 385.06 billion RMB, down from 402.93 billion RMB at the beginning of the period[144] - Shareholder equity at the end of the period increased to RMB 402.64 billion, up from RMB 405.64 billion at the beginning of the period[147] - Comprehensive income for the period amounted to RMB 17.67 billion, driven by a net profit of RMB 11.79 billion[147] - Capital contributions from shareholders totaled RMB 9.02 billion, including RMB 3.46 billion from new share issuances[147] - Dividends distributed to shareholders amounted to RMB 13.23 billion, reflecting a significant return of capital[147] - Retained earnings increased to RMB 99.81 billion, up from RMB 98.01 billion at the beginning of the period[147] - Minority interest decreased to RMB 153.32 billion, down from RMB 162.31 billion at the beginning of the period[147] - Total comprehensive income for the year reached RMB 21.83 billion, with net profit contributing RMB 13.04 billion[148] - Shareholder equity at year-end stood at RMB 402.93 billion, slightly down from RMB 405.64 billion at the beginning of the year[148] - Dividends paid during the year totaled RMB 16.89 billion, reflecting a strong commitment to shareholder returns[148] - Retained earnings at year-end were RMB 93.62 billion, down from RMB 98.01 billion at the beginning of the year[148] - Shareholder equity increased by RMB 11.68 billion to RMB 171.66 billion as of June 2023, driven by a RMB 3.46 billion capital injection and RMB 16.28 billion in comprehensive income[151] - Total comprehensive income for the first half of 2023 reached RMB 15.43 billion, contributing significantly to the growth in undistributed profits[152] - The company added 48 new subsidiaries and reduced 69 subsidiaries during the reporting period, reflecting ongoing portfolio optimization[153] - Capital reserves increased by RMB 3.16 billion, primarily due to a RMB 300 million increase in share capital and additional capital injections[151] - Undistributed profits grew by RMB 8.22 billion to RMB 17.11 billion, despite RMB 8.06 billion in profit distributions to shareholders[151] Business Operations and Strategy - The company's subsidiaries include Vanke Property, Wanwu Liangxing, Wanwu Cloud City, and Wanrui Technology, focusing on community, commercial, and urban space services, as well as AIoT and BPaaS solutions[5] - The company's logistics platform is managed by Vanke Logistics Development Co., Ltd[5] - The company operates in multiple regions including Southern, Shanghai, Beijing, Southwest, Northwest, Central China, and Northeast regions[5] - The company's long-term rental apartment brand is called "Po Yu," managed by Zhuhai Po Yu Apartment Management Co., Ltd[5] - The company delivered 74,000 units across 169 projects in the first half of 2024, with sales amounting to RMB 127.33 billion[13] - The rental housing business expanded to 183,000 units, with an occupancy rate of 95.2% and a GOP margin close to 90%[13] - The company completed RMB 20.4 billion in bulk asset and equity transactions in the first seven months of 2024[13] - New financing and refinancing totaled RMB 61.2 billion in the first half of 2024, with a comprehensive cost of 3.66%[13] - The company repaid RMB 7.3 billion in domestic bonds and approximately RMB 10.4 billion in offshore bonds as of the report date[14] - Sales area decreased by 27.6% to 9.395 million square meters, and sales amount decreased by 37.6% to 127.33 billion yuan[25] - Sales amount ranked first in 14 cities, second in 14 cities, and third in 9 cities[25] - Completed delivery of 74,000 units, including 62,000 units of residential properties[33] - Settlement area decreased by 29.2% to 8.794 million square meters, and settlement income decreased by 34.6% to 111.68 billion yuan[27] - Gross profit margin of real estate development business was 6.8%[27] - Newly started and resumed construction area was 4.117 million square meters, completing 38.4% of the annual plan[30] - Completed construction area was 8.596 million square meters, completing 39.0% of the annual plan[30] - Acquired 3 new projects with a total planned construction area of 246,000 square meters and a total land price of 1.02 billion yuan[30] - Total construction area of projects under construction and planning is approximately 82.135 million square meters[30] - Launched "拾系", "映象系", and "锦系" product lines, with "映象系" projects in 5 cities and "锦系" projects in 4 cities[34] - Vanke's property management subsidiary, Wanwu Cloud, achieved revenue of 17.63 billion yuan, a year-on-year increase of 9.5%, with community space living consumption services contributing 10.15 billion yuan, accounting for 57.6% of total revenue[38] - Wanwu Cloud's commercial and urban space integrated services revenue reached 6.08 billion yuan, a 7.0% year-on-year increase, while AIoT and BPaaS solution services revenue grew 5.9% to 1.40 billion yuan[38] - Wanwu Cloud secured 221 new residential service projects with a total saturated revenue of 1.276 billion yuan, achieving a 74% bid-winning rate for projects within its "Butterfly City" strategy[39] - Wanwu Cloud's commercial services generated 252 million yuan in diversified business revenue, a 62.1% year-on-year increase, and signed new contracts worth 123 million yuan with a leading domestic AI company[39] - Vanke's leasing housing business, "Po Yu," achieved revenue of 1.73 billion yuan, a 5.3% year-on-year increase, with a total of 242,000 rental units under management and 183,000 units in operation[40] - Po Yu's occupancy rate reached 95.2%, with a GOP margin of nearly 90% and a 13.3% year-on-year reduction in single-unit operating costs[40] - Vanke's EPC and construction agency business generated revenue of 3.80 billion yuan in the first half of 2024, with 85 projects under management covering a total construction area of 14.73 million square meters[36] - Vanke's "Future City Ideal Unit" model was successfully implemented in projects such as Shanghai Jiading Ideal Land, featuring technologies like light storage, direct and flexible energy systems, and a carbon management platform[35] - Po Yu launched 1.5 million new rental units in the first half of 2024, with 1.2 million units (80.6%) located in first-tier cities, and added 3,300 newly opened units[40] - Po Yu's customer satisfaction rate increased to 94.5%, with 4.61 million registered users on its online platform, a 63.4% year-on-year increase, and 1.23 million followers on its official WeChat account[41] - The group's commercial property development and operation business achieved revenue of 4.59 billion yuan, a year-on-year increase of 6.7%, with a rental rate of 94.2% for projects managed by Yinli[42] - Yinli managed commercial projects generated revenue of 2.71 billion yuan, with a rental rate of 94.2%, remaining stable year-on-year[42] - The Shanghai Xuhui Vanke Plaza Phase III project achieved a signing rate of 92%, an opening rate of 88%, and a regional first-store rate of 40%, becoming the top-ranked shopping mall in the city[42] - The Shanghai Sanlin Yinxianghui project attracted over 280,000 visitors in its first 7 days of operation[42] - The logistics business (including non-consolidated projects) achieved operating income of 1.94 billion yuan, with cold chain revenue (excluding supply chain business) increasing by 8.4% year-on-year to 880 million yuan[44] - The cumulative leasable area of logistics projects reached 10.439 million square meters, with a stable rental rate of 85% for high-standard warehouses and 74% for cold chain facilities[44] - The company plans to deliver 188,000 units in 2024 and focus on core businesses such as comprehensive residential development, property services, and rental housing, while exiting non-core investments[58] - The company aims to reduce administrative expenses by 15% year-on-year in 2024 through organizational streamlining and cost-cutting measures[59] Financial Reporting and Compliance - The company's 2024 semi-annual report has been reviewed by KPMG Huazhen LLP and complies with Chinese Accounting Standards[2] - The company will not distribute cash dividends, issue bonus shares, or convert capital reserve into share capital for the 2024 semi-annual period[2] - The report includes forward-looking statements regarding future plans and development strategies, which do not constitute substantive commitments to investors[2] - The company's H-shares are listed on the Hong Kong Stock Exchange with stock codes 02202 and 299903[7] - The company's A-shares are listed on the Shenzhen Stock Exchange with stock code 000002[7] - The company's financial report is available on the official websites of the Shenzhen Stock Exchange and the Hong Kong Stock Exchange[7] - The company's semi-annual financial report for 2024 was reviewed but not audited, with KPMG Huazhen LLP issuing a review report[81] - No major litigation or arbitration cases were reported during the reporting period[83] - The company and its largest shareholder, Shenzhen Metro Group, maintained good integrity without any significant breaches during the reporting period[84] - The company completed the sale of a commercial land use right in Shenzhen for RMB 2.235 billion through a public bidding process, with the transaction involving a related party[85][86] - The company's board of directors approved the asset sale and related-party transaction, with related directors abstaining from voting[86] - No significant related-party transactions related to daily operations, joint investments, or financial dealings with related financial companies were reported during the period[87][88] - No major guarantees, trusteeships, contracts, or leasing activities were reported during the reporting period[91][92] - The total approved external guarantee amount during the reporting period is 8,105.08 million RMB, with an actual guarantee amount of 7,294.57 million RMB[93] - The total approved external guarantee amount at the end of the reporting period is 47,908.09 million RMB, with an actual guarantee balance of 18,341.69 million RMB[93] - The total approved guarantee amount for subsidiaries during the reporting period is 60,000.00 million RMB, with an actual guarantee amount of 60,000.00 million RMB[94] - The total approved guarantee amount for subsidiaries at the end of the reporting period is 2,909,000.00 million RMB, with an actual guarantee balance of 2,239,000.00 million RMB[94] - A subsidiary provided a guarantee of 100,000 million HKD with an actual guarantee amount of 24,845.21 million HKD[94] - A subsidiary provided a guarantee of 524,000 million HKD with an actual guarantee amount of 212,557.85 million HKD[94] - A subsidiary provided a guarantee of 205,000.00 million RMB with an actual guarantee amount of 205,000.00 million RMB[94] - A subsidiary provided a guarantee of 44,000.00 million RMB with an actual guarantee amount of 44,000.00 million RMB[94] - A subsidiary provided a guarantee of 140,000.00 million RMB with an actual guarantee amount of 140,000.00 million RMB[94] - A subsidiary provided a guarantee of 130,000.00 million RMB with an actual guarantee amount of 76,600.00 million RMB[94] - The total amount of guarantees approved during the reporting period is 2,947,636.65 million yuan, with actual guarantees issued amounting to 2,573,377.90 million yuan[96] - The total actual guarantee balance at the end of the reporting period is 5,249,828.08 million yuan, accounting for

万科企业股份有限公司 关于因融资新增担保及已有担保进展情况的公告 证券代码：000002、299903 证券简称：万科 A、万科 H 代 公告编号：〈万〉2024-088 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。 为满足经营需要，万科企业股份有限公司（以下简称"公司"或"万科"）在银行申请 贷款，公司之控股子公司通过提供质押、抵押为相关贷款提供担保。 公司 2023 年度股东大会审议通过了《关于提请股东大会授权公司及控股子公司对外提 供担保的议案》，同意公司为控股子公司、以及控股子公司为母公司或其他控股子公司的银 行及其它金融机构信贷业务以及其它业务提供担保，在授权有效期内提供的新增担保总额须 不超过人民币 1,500 亿元，有效期为自 2023 年度股东大会决议之日起至 2024 年度股东大会 决议之日止。董事会在取得股东大会授权之同时，已进一步转授权公司总裁对于单笔对外担 保金额低于人民币 125 亿元进行决策。 本次担保事项在上述担保额度范围内，公司总裁已在上述授权范围内决策同意本次担保 事项，具体情况如下： 2、担保协议的主要内容 郑州万科已与交通银 ...