Cai Jing Wang·2026-01-28 01:16Group 1 - Vanke successfully extended three bond maturities, including "21 Vanke 02" and two other bonds, "22 Vanke MTN004" and "22 Vanke MTN005," with the latter two receiving unanimous approval for their extension proposals [1][2] - The "22 Vanke MTN004" bond has a principal repayment date of December 15, 2025, with a balance of 2 billion yuan and an interest rate of 3%, while the "22 Vanke MTN005" bond has a principal repayment date of December 28, 2025, with a balance of 3.7 billion yuan and the same interest rate [1] - The extension proposals for the two bonds include a fixed repayment arrangement, where 40% of the principal will be repaid on January 28, 2026, and the remaining 60% will be extended for one year [2] Group 2 - The first major shareholder, Shenzhen Metro Group, has agreed to provide Vanke with a loan of up to 2.36 billion yuan to repay the principal and interest of bonds issued in the public market [3] - The extension proposals are supported by collateral from Vanke's subsidiaries, including receivables from Shenzhen Rongxing Real Estate Development Co., Langfang Wanheng Shengye Real Estate Development Co., and Beijing Youtai Real Estate Development Co. [2]