Xin Lang Cai Jing·2025-11-12 03:29Core Points - Vanke A has received a loan of up to 1.666 billion yuan from its largest shareholder, Shenzhen Metro Group, to repay bond principal and interest [2] - The loan has a term of no more than three years and an interest rate of 2.34%, which is lower than the current borrowing rates from financial institutions [2] - Since the beginning of 2025, Shenzhen Metro Group has provided a total of 29.13 billion yuan in loans to Vanke, bringing the total loan amount to 30.996 billion yuan including the new loan [2][3] Financial Performance - In Q3 2023, Vanke reported revenue of 56.07 billion yuan, a year-on-year decline of 27.3%, and a net loss attributable to shareholders of 16.07 billion yuan, which is a 98% increase in loss compared to the previous year [3] - For the first three quarters of 2023, Vanke's total revenue was 161.39 billion yuan, down 26.61% year-on-year, with a net loss of 28.02 billion yuan, indicating that the Q3 loss exceeded the total loss for the first half of the year [4]