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。 ...

Core Viewpoint - The article reports that Yu Liang, due to reaching retirement age, has submitted his resignation from the positions of director and executive vice president of Vanke Co., Ltd. (万科A) effective January 8, 2026, and will no longer hold any position within the company [2] Summary by Relevant Sections - Resignation Announcement - Vanke A (000002.SZ) announced that Yu Liang has submitted a written resignation report to the board of directors due to reaching retirement age [2] - His resignation will not result in the board of directors falling below the legal number of members and will not affect the normal operation of the board or the daily operations of the company [2] - The company will expedite the process of selecting a new director [2]

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 ...

Core Insights - The real estate development sector saw an increase of 1.56% on January 8, with Daming City leading the gains [1] - The Shanghai Composite Index closed at 4082.98, down 0.07%, while the Shenzhen Component Index closed at 13959.48, down 0.51% [1] Stock Performance - Daming City (600094) closed at 4.50, up 6.89% with a trading volume of 914,600 shares and a transaction value of 406 million [1] - Phoenix Holdings (600716) closed at 4.21, up 6.85% with a trading volume of 324,500 shares and a transaction value of 134 million [1] - Sanxiang Impression (000863) closed at 6.41, up 6.48% with a trading volume of 869,500 shares and a transaction value of 540 million [1] - New Town Holdings (601155) closed at 15.24, up 4.89% with a trading volume of 246,800 shares and a transaction value of 370 million [1] - City Investment Holdings (600649) closed at 4.78, up 4.60% with a trading volume of 674,900 shares and a transaction value of 316 million [1] Capital Flow - The real estate development sector experienced a net outflow of 256 million from institutional investors and 226 million from speculative funds, while retail investors saw a net inflow of 482 million [2] - Vanke A (000002) had a net inflow of 2.20 billion from institutional investors, but a net outflow of 733.35 million from speculative funds [3] - Poly Developments (600048) had a net inflow of 1.82 billion from institutional investors, with a net outflow of 389.64 million from speculative funds [3]

Group 1 - The real estate ETF (512200) experienced a rise of over 2%, currently up 1.76%, marking a potential five-day increase, with a turnover of 3.82% and a transaction volume of 185 million yuan [1] - In 2025, the second-hand housing market in first-tier cities showed strong performance, with Shanghai's transaction volume reaching approximately 254,000 units, a four-year high, and Shenzhen's transactions totaling 68,200 units, a year-on-year increase of 5.7% [1] - The real estate market in 2025 is showing signs of recovery, with ten major real estate companies achieving sales exceeding 10 billion yuan, and an average sales amount of 17.655 billion yuan [1] Group 2 - Zhongyou Securities highlighted a significant policy shift towards systematic efforts to stabilize the real estate market, indicating that the market is expected to stabilize in 2026 [2] - The real estate ETF (512200) closely tracks the CSI All Share Real Estate Index, which categorizes companies into various industry levels, providing a comprehensive analysis tool for investors [2]

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]