Zheng Quan Zhi Xing·2025-05-28 11:21Core Viewpoint - Vanke Enterprise Co., Ltd. has authorized its subsidiary to provide guarantees for financing, which is aimed at meeting operational needs and is deemed to be within controllable risk limits [1][5]. Summary by Sections Guarantee Matters - The subsidiary, Vanke Rainbow Investment Partner II Limited, is applying for a bank loan from overseas financial institutions, with a total loan principal amount not exceeding 6.872 billion HKD, for a term not exceeding 2 years [1]. - The company provides guarantees through credit guarantees and equity pledges, with the subsidiary also acting as a co-borrower [1]. Borrower Information - Vanke Rainbow Investment Partner II Limited was established on May 10, 2016, in the British Virgin Islands, with a registered capital of 2 USD [3]. - As of December 31, 2024, the total assets were approximately 75.22 billion RMB, with total liabilities of approximately 89.71 billion RMB, resulting in a net loss of approximately 8.97 billion RMB [3]. - As of April 30, 2025, total assets were approximately 75.21 billion RMB, with total liabilities of approximately 7.21 billion RMB, resulting in a net loss of approximately 721.33 million RMB [3]. Company Opinion - The guarantee is considered beneficial for the company's operational development needs, with no harm to the interests of the company and its shareholders [5]. Cumulative Guarantee Amounts - As of April 30, 2025, the total guarantee balance of the company and its subsidiaries was approximately 78.82 billion RMB, with no overdue guarantees [5]. - After this guarantee, the total external guarantee amount will be approximately 85.12 billion RMB [5].