Core Viewpoint - Vanke A has completed the sale of all A-share treasury stocks, which is part of a strategy to maintain company value and protect shareholder interests [1][6]. Group 1: Sale of Treasury Stocks - Vanke sold approximately 72.96 million shares, accounting for 0.61% of its total share capital, generating approximately 479 million yuan (before transaction fees) [5]. - The sale occurred between June 10 and June 12, 2025, with a highest transaction price of 6.72 yuan/share, a lowest price of 6.48 yuan/share, and an average price of 6.57 yuan/share [5]. - The treasury stocks were originally repurchased in 2022 as part of a plan approved by the board to enhance company value and shareholder rights [6][7]. Group 2: Financial Support and Debt Management - Shenzhen Metro Group, Vanke's largest shareholder, has been providing financial support, including a loan of up to 3 billion yuan for repaying bond principal and interest [7][8]. - In 2023, Shenzhen Metro Group has provided multiple loans to Vanke, totaling 101 billion yuan for similar purposes [8]. - Despite facing financial pressures, Vanke has been active in the land market, acquiring land in Wuhan and Zhengzhou, indicating a strategic move to strengthen its position [8]. Group 3: Industry Context - The real estate sector has seen positive signals regarding debt restructuring, with over 10 companies, including Sunac China and Country Garden, making progress in their debt restructuring efforts since May [8].

万科企业股份有限公司 关于 A 股库存股出售结果暨股份变动的公告 证券代码：000002、299903 证券简称：万科 A、万科 H 代 公告编号： <万> 2025-090 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、A 股库存股来源及出售履行的决策程序 万科企业股份有限公司（以下简称"公司"或"本公司"）于 2022 年 3 月 份的议案》，同意公司为维护公司价值及股东权益，使用自筹资金以集中竞价方 式回购公司人民币普通股（A 股），回购的股份将全部用于出售。2022 年 6 月 详见公司于 2022 年 7 月 2 日披露的《关于公司 A 股股份回购结果暨股份变动情 况的公告》（公告编号：〈万〉2022-082）。 A 股库存股的议案》，自本计划公告日起 15 个交易日（即 2025 年 5 月 27 日） 后至 2025 年 7 月 2 日（即披露回购结果暨股份变动公告后满三年之日），公司 将通过集中竞价交易方式出售 A 股库存股 72,955,992 股，占目前公司总股本（含 库存股）的 0.61%，出售价格根据出售时的二级市场价格确定。具体内容 ...

万科企业股份有限公司 关于按照《香港上市规则》公布翌日披露报表的公告 证券代码：000002、299903 证券简称：万科 A、万科 H 代 公告编号：〈万〉2025-091 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。 董事会 二〇二五年六月十二日 FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 根据《香港联合交易所有限公司证券上市规则》（简称"《香港上市规则》"）13.25A 条关 于已发行股本变动的披露要求、10.06B 条关于库存股出售的披露要求，万科企业股份有限公 司在香港联合交易所有限公司披露易网站（www.hkexnews.hk）披露了《翌日披露报表》。 根据《深圳证券交易所股票上市规则》11.2.1 条关于上市公司境内外同步披露的要求，特 将有关公告同步披露如下，供参阅。 特此公告。 万科企业股份有限公司 公司名稱： 萬科企業股份有限公司 呈交日期： 2025年6月12日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港 ...

金十数据6月12日讯，万科A公告，截至2025年6月12日，公司通过集中竞价交易方式已完成所有A股库 存股的出售。出售期间为2025年6月10日-6月12日，出售的股份数量为7295.6万股，占公司总股本的比 例为0.61%，出售所得资金总额为4.8亿元。 万科A：公司已完成所有A股库存股的出售 ...

Group 1 - The core point of the article is that Vanke A has sold a total of 72.96 million A-shares from its inventory stock between June 10 and June 12, 2025, which is 0.61% of the company's total share capital, raising a total of 479 million yuan to enhance the company's liquidity [1] Group 2 - The sale of the A-shares does not affect the company's total share capital or its share structure [1] - The funds raised from the sale are intended to supplement the company's working capital [1]

万科企业股份有限公司 关于 A 股库存股出售结果暨股份变动的公告 证券代码：000002、299903 证券简称：万科 A、万科 H 代 公告编号：<万>2025-090 万科企业股份有限公司（以下简称"公司"或"本公司"）于 2022 年 3 月 30 日召开第十九届董事会第十五次会议，审议通过《关于回购公司部分 A 股股 份的议案》，同意公司为维护公司价值及股东权益，使用自筹资金以集中竞价方 式回购公司人民币普通股（A 股），回购的股份将全部用于出售。2022 年 6 月 30 日，回购 A 股股份的期限届满，公司以集中竞价方式共计回购公司 A 股 72,955,992 股（即 A 股库存股），占目前公司总股本（含回购的股份数）的 0.61%。 详见公司于 2022 年 7 月 2 日披露的《关于公司 A 股股份回购结果暨股份变动情 况的公告》（公告编号：〈万〉2022-082）。 2025 年 4 月 29 日，公司第二十届董事会第十六次会议审议通过《关于出售 A 股库存股的议案》，自本计划公告日起 15 个交易日（即 2025 年 5 月 27 日） 后至 2025 年 7 月 2 日（即披露回购结果 ...

Group 1: Zhejiang Special Bonds for Real Estate - Zhejiang and Sichuan issued special bonds totaling 19.2 billion yuan for the acquisition of existing residential properties, with Zhejiang's issuance at 17.5 billion yuan, accounting for 3.2% of its new special bonds [1] - The acquisition projects involve 11 projects, with 7 owned by local state-owned enterprises, 2 by mixed-ownership enterprises, and 2 by private enterprises [1] - This initiative aims to alleviate real estate inventory pressure and stabilize market expectations, providing a new approach for high-inventory third and fourth-tier cities [1] Group 2: Vanke's Stock Sale - Vanke announced the sale of 22 million A-shares, representing 0.18% of its total share capital, raising approximately 1.458 billion yuan [2] - The shares were sold at an average price of 6.63 yuan per share, lower than the repurchase cost, indicating a book loss but significant for Vanke's liquidity [2] - This move is part of a 2022 repurchase plan and aims to alleviate cash flow pressures faced by real estate companies [2] Group 3: Independent Director of Nandu Property - Nandu Property announced the removal of independent director Gao Qiang due to his detention by supervisory authorities, proposing Zhao Rongxiang as the new independent director [3] - This incident may raise market concerns regarding corporate governance and prompt other companies in the property sector to review their governance structures [3] Group 4: Gujia Home's Share Freeze - Gujia Home reported that all shares held by Gujia Group (12.55% of total shares) and TB Home (5.01% of total shares) have been frozen and marked judicially [4] - The company clarified that this situation will not change its control or affect daily operations, but may raise concerns about potential debt risks and the stability of its equity structure [4] - Other companies in the home furnishing sector may adopt more cautious approaches to capital and equity management due to this event [4] Group 5: Jianfa's Loan to Jianfa Real Estate - Jianfa announced a loan of 2 billion yuan to its subsidiary Jianfa Real Estate, with a term from June 10, 2025, to July 9, 2025, at an interest rate of 4.5% [5] - This loan aims to support the development of Jianfa Real Estate's business and is considered manageable in terms of operational risk [5] - The funding will help alleviate liquidity pressures in the real estate sector and support project advancement and operations [5]

万科企业股份有限公司 关于按照《香港上市规则》公布翌日披露报表的公告 证券代码：000002、299903 证券简称：万科 A、万科 H 代 公告编号：〈万〉2025-089 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。 根据《香港联合交易所有限公司证券上市规则》（简称"《香港上市规则》"）13.25A 条关 于已发行股本变动的披露要求、10.06B 条关于库存股出售的披露要求，万科企业股份有限公 司在香港联合交易所有限公司披露易网站（www.hkexnews.hk）披露了《翌日披露报表》。 根据《深圳证券交易所股票上市规则》11.2.1 条关于上市公司境内外同步披露的要求，特 将有关公告同步披露如下，供参阅。 特此公告。 万科企业股份有限公司 董事会 二〇二五年六月十一日 FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 萬科企業股份有限公司 FF305 確認 根據《主板上市規則》第13.25C條 / 《GEM上市規則》第17.27C條，我們在此確認，據我們 ...

Core Viewpoint - Vanke has actively participated in land acquisition despite previous inactivity in the market, indicating a strategic approach to maintain investment strength while managing debt obligations [1][2][4] Group 1: Land Acquisition - Vanke, in partnership with Hubei Changtou, won a residential land plot in Wuhan for a total price of 469 million yuan, with a floor price of 6,966 yuan per square meter [1][2] - The land in Wuhan covers approximately 26,900 square meters with a planned construction area of 67,300 square meters, indicating a high investment value in the area [2][3] - In Zhengzhou, Vanke's consortium acquired a land plot for 528 million yuan, with a floor price of 3,934 yuan per square meter, aimed at urban village redevelopment [3][4] Group 2: Financial Support and Debt Management - Vanke's major shareholder, Shenzhen Metro Group, has provided substantial financial support, totaling approximately 148.52 billion yuan in loans this year to assist with debt repayment [4][5] - The latest loan of up to 3 billion yuan from Shenzhen Metro Group is intended for repaying bond principal and interest, with favorable terms including a low interest rate of 2.34% [5][6] - Vanke has also initiated the sale of 22 million shares of treasury stock to enhance liquidity, raising approximately 146 million yuan [6] Group 3: Market Position and Strategy - Vanke's strategy includes leveraging its brand strength in collaboration with local enterprises to enhance project viability and market positioning [2][3] - The company is focused on ensuring cash flow safety amidst a challenging industry environment, with ongoing efforts to manage assets and optimize liquidity [6]

住建部"好房子"新规的出台，将居住品质提升至前所未有的高度，物业服务成为"好房子"价值落地的核 心载体。这包括但不限于提升小区绿化、保洁水平，加强安全巡逻和应急处理能力，以及利用大数据、 物联网等技术手段优化服务流程，提高服务效率。通过这些措施，物业服务将成为塑造"好房子"内核不 可或缺的一环。在从"住有所居"迈向"住有宜居"的进程中，物业服务正经历哪些深刻变革？又如何切实 影响购房者的居住品质与资产价值？ 万科物业北京第三分公司项目总监张健在接受北京商报记者专访时指出，"好房子"政策落地后，物业行 业也需要从过去的"四保一服"基础服务者，向居住生态整合服务商转型。"物业需成为品质赋能者、社 区治理协同者和情感联结营造者，这是'好房子'可持续的关键。" 透明化与敏捷响应成服务"及格线" 传统物业的痛点清晰可见——张健在采访中描述了一个典型场景：业主报修后，师傅处理完毕便默认问 题解决，物业无从知晓客户是否满意。"久而久之，客户从满意变成不满意，居住感受从好变坏，我们 却完全不知情。" 现代物业服务正通过技术与流程革新破解这一困局，核心在于构建"全流程可追溯"的服务链。在万科物 业北京房山长阳片区的11个小区， ...