Xin Lang Cai Jing·2025-12-15 11:43Core Viewpoint - Vanke A announced that its controlling subsidiary has applied for loans from banks, and will continue to provide guarantees for these loans through credit guarantees, equity pledges, and asset mortgages [1] Summary by Relevant Categories Loan Guarantees - As of November 30, 2025, the total guarantee balance provided by the company and its controlling subsidiaries amounts to RMB 84.493 billion, which represents 41.69% of the audited net assets attributable to shareholders of the listed company as of the end of 2024 [1] - The company and its controlling subsidiaries have provided guarantees totaling RMB 81.952 billion for the company and other controlling subsidiaries [1] - Guarantees provided for joint ventures and associates amount to RMB 1.668 billion, while guarantees for other companies total RMB 0.873 billion [1] Financial Health - The company has no overdue guarantee matters, indicating a stable financial position regarding its guarantee obligations [1]