Core Viewpoint - Vanke is actively pushing forward reforms to mitigate risks despite facing multiple challenges, achieving significant revenue and sales growth in the third quarter of 2023 [1] Financial Performance - For the first three quarters, Vanke reported revenue of 161.39 billion, with sales revenue reaching 100.46 billion [1] - During the recent "Golden Week" holiday, Vanke achieved a subscription amount of 4.77 billion, surpassing the target completion rate by 137% [1] - The company completed nearly 7 billion in bulk transaction agreements and signed a deal with China Travel Group in the ice and snow sector, generating a return of 7.11 billion from existing resources [1] Operational Highlights - Vanke delivered over 74,000 high-quality units in the first nine months of the year [1] - The operational service segment generated revenue of 43.57 billion, maintaining a leading position in industry efficiency [1] Strategic Initiatives - The company is focusing on technological innovation to drive industrial transformation and enhance new productive forces, utilizing technology to improve product services [1]

Core Insights - Technology innovation is a key driver for enhancing quality and efficiency in the real estate industry, with Vanke providing solutions based on years of technological accumulation and innovation [1] Group 1: Financial Performance - In the first three quarters, Vanke achieved revenue of 161.39 billion, delivering over 74,000 high-quality units despite facing various challenges [1] Group 2: Technological Advancements - Vanke has pioneered a large model for real estate blueprints, which has become an industry-level application, serving over 1,000 internal and external projects [2] - The company is advancing an "AI Digital Engineering Management Platform" that utilizes drones and 360-degree cameras to collect construction site data, completing over 320,000 intelligent inspections [2] - Vanke's self-developed "Ling Shi" system in property management achieves a 99.7% equipment online rate and a 15-minute fault response time [2] Group 3: Innovative Logistics Solutions - Vanke, in collaboration with Shenzhen Metro, is launching the world's first robot that autonomously takes the subway for delivery, significantly improving delivery efficiency for subway shops [3] - The project has completed the second phase of trial runs and hardware upgrades, with plans to produce and deliver 40 robots in the fourth quarter for trial operations at 25 key subway stations [3]

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。 萬科企業股份有限公司 董事會 中國，深圳，2025年10月3 0日 於本 公 告日期，本 公司 董 事會 成 員包 括：執 行 董 事 郁 亮 先 生 及 王 蘊 女 士；非 執 行 董 事黃 力 平 先 生、胡國 斌 先 生 及雷 江 松 先 生；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。 * 僅供識別 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） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則 第 13.10B 條 作出。兹 載 列 該 公 告如下， 僅供 參 閱。 万科企业股份有限公司 关于"22 万科 07"公司债券付息、赎回结果暨摘牌公告 证券代码：000002、299903、148099 证券简称：万科 A、万科 H 代、22 ...

Core Viewpoint - Vanke A announced the approval of a proposal regarding the provision and write-off of impairment for the third quarter of 2025, indicating significant financial adjustments in response to asset valuations [1] Financial Summary - The company recognized a total of 9.368 billion yuan in various impairment provisions during the reporting period, which includes increases due to changes in the scope of consolidation [1] - The company reversed or wrote off impairment provisions totaling 1.7 billion yuan [1] - The net profit attributable to the owners of the parent company decreased by approximately 8.309 billion yuan due to the recognition of impairment provisions [1]

海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則 第 13.10B 條 作出。兹 載 列 該 公 告如下， 僅供 參 閱。 萬科企業股份有限公司 董事會 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） 万科企业股份有限公司 关于深铁集团向公司提供不超过 22 亿元借款暨关联交易的公告 证券代码：000002、299903 证券简称：万科 A、万科 H 代 中國，深圳，2025年10月3 0日 於本 公 告日期，本 公司 董 事會 成 員包 括：執 行 董 事 郁 亮 先 生 及 王 蘊 女 士；非 執 行 董 事黃 力 平 先 生、胡國 斌 先 生 及雷 江 松 先 生；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。 * 僅供識別 公告编号：〈万〉 ...

Core Insights - Vanke continues to expand its leading position in the rental and purchase market, achieving revenue of 161.39 billion and sales income of 100.46 billion in the first three quarters, with over 74,000 high-quality deliveries [1] - The company maintains its industry-leading position in long-term rental apartments, with over 200,000 units opened and more than 133,000 units included in affordable rental housing [1][2] - Vanke's long-term rental business has achieved a breakthrough in the integrated development model of "production, construction, and operation" [2] Group 1 - Vanke's operating service business generated revenue of 43.57 billion in the first three quarters, maintaining industry-leading efficiency [1] - The company has seen positive progress in its development business, with new properties experiencing strong sales [1] - Vanke has established a leading advantage in property management, long-term rental, and logistics sectors, with potential for further growth as asset securitization channels mature [1] Group 2 - Vanke's long-term rental business has implemented a customer-centric approach, enhancing rental quality through six service commitments, including transparency and emergency repairs [2] - The company has successfully combined long-term and short-term rental models, maximizing occupancy rates and diversifying revenue streams [2] - Vanke's long-term rental competitiveness has been recognized by major shareholders and third-party institutions, with a partnership established with Shenzhen Metro for rental operations [3]

Core Insights - Vanke has reported strong performance in Q3, achieving revenue of 161.39 billion and sales income of 100.46 billion, with over 74,000 units delivered [1][2] - The company has successfully implemented innovative product standards, leading to high sales across multiple cities, including a record-breaking performance during the recent Golden Week [2][3] - Vanke's operational strategy focuses on revitalizing existing resources and precise investments, resulting in optimized capacity and significant cash inflow [3] Financial Performance - Vanke's revenue for the first three quarters reached 161.39 billion, with a sales income of 100.46 billion [1] - The company completed a total of 74,000 high-quality deliveries and signed large transactions worth nearly 7 billion [1] - The operating service business generated revenue of 43.57 billion, maintaining a leading position in the industry [4] Product Innovation - Vanke has integrated past technological advancements to create 24 product standards and approximately 520 design requirements, leading to successful project launches [2] - The Shanghai Ideal Land project was recognized as one of the first "Good Community" cases by the Ministry of Housing and Urban-Rural Development [2] - During the Golden Week, Vanke achieved a subscription amount of 4.77 billion, exceeding the target by 137% [2] Investment Strategy - Vanke's investment strategy emphasizes revitalizing existing resources, resulting in the optimization of new capacity worth 17.84 billion and cash inflow of 7.11 billion [3] - The company has established a systematic approach to resource revitalization, leveraging supportive policies [3] Rental and Service Business - Vanke's operating service business reported a total revenue of 43.57 billion, with its long-term rental apartment business leading in scale and efficiency [4] - The company has opened over 200,000 rental units, with more than 133,000 units included in affordable housing [4] - Vanke's rental business has been recognized as a leading brand in housing rental by industry reports [4] Technological Innovation - Vanke is actively applying technology to enhance its services, including the development of an AI digital engineering management platform [6][7] - The company has implemented smart community initiatives, achieving a 99.7% equipment online rate and a 15-minute fault response time [7] - Vanke's collaboration with Shenzhen Metro on a robot delivery system is set to launch in Q4, improving delivery efficiency for subway shops [8]

海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則 第 13.10B 條 作出。兹 載 列 該 公 告如下， 僅供 參 閱。 萬科企業股份有限公司 董事會 中國，深圳，2025年10月3 0日 於本 公 告日期，本 公司 董 事會 成 員包 括：執 行 董 事 郁 亮 先 生 及 王 蘊 女 士；非 執 行 董 事黃 力 平 先 生、胡國 斌 先 生 及雷 江 松 先 生；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。 * 僅供識別 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） 关于计提和核销 2025 年第三季度减值准备的公告 证券代码：000002、299903 证券简称：万科 A、万科 H 代 公告编号：2025-135 本公司及董事会全体成 ...

此外，前三季度完成大宗交易签约金额近70亿，冰雪板块已与中旅集团完成签约，盘活存量资源回款 71.1亿。经营服务业务方面，前三季度实现收入435.7亿，经营效益保持行业前列。 近期，A股上市房企三季报陆续出炉。 10月30日，万科发布三季报，尽管面临诸多挑战和压力，在各方支持和自身努力下，前三季度实现营收 1613.9亿，多地创新项目热销，销售收入1004.6亿，高质量交付超7.4万套。就在刚刚过去的十一"黄金 周"假期，万科实现认购金额47.7亿，目标完成率137%，16家地区公司均完成认购目标。 分析人士指出，今年以来，在各方及大股东的支持下，万科在多重挑战下实现了队伍稳定和生产经营稳 定，改革化险工作稳步推进。值得一提的是，万科还着力响应科技创新推动产业创新，发展新质生产 力，全力运用科技提升产品服务。 ...

本公告乃根據香港聯合交易所有限公司證券上市規則 第 13.10B 條 作出。兹 載 列 該 公 告如下， 僅供 參 閱。 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） 海外監管公告 萬科企業股份有限公司 董事會 中國，深圳，2025年10月3 0日 於本 公 告日期，本 公司 董 事會 成 員包 括：執 行 董 事 郁 亮 先 生 及 王 蘊 女 士；非 執 行 董 事黃 力 平 先 生、胡國 斌 先 生 及雷 江 松 先 生；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。 * 僅供識別 万科企业股份有限公司 2025 年第三季度报告 证券代码：000002、299903 证券简称：万科 A、万科 H 代 公告编号：〈万〉2025-137 本公司及董事会全体 ...