Group 1 - Vanke A (万科A) closed at 6.77 yuan on May 16, 2025, down 0.29% with a turnover rate of 0.56% and a trading volume of 544,700 shares, amounting to a transaction value of 368 million yuan [1] - On the same day, the fund flow for Vanke A showed a net outflow of 23.47 million yuan from institutional investors, while retail investors had a net inflow of 17.63 million yuan [2][4] - Vanke Enterprise Co., Ltd. announced the interest payment for the "21 Vanke 04" bond on May 20, 2025, with an interest distribution of 37.00 yuan (including tax) for every 10 bonds with a face value of 1,000 yuan [2][4] Group 2 - The bond has a total balance of 566 million yuan, a term of 7 years, and a current coupon rate of 3.70%, with the issuer having the right to redeem at the end of the 5th year [2] - The interest payment date is set for May 20, 2025, with the record date on May 19, 2025, and the interest subject to a personal income tax rate of 20% for individual investors [2][4]

Group 1 - The announcement pertains to Vanke's public issuance of corporate bonds aimed at professional investors, specifically the second phase of the 2021 issuance [1][2] - The bond, referred to as "21 Vanke 04," has a coupon rate of 3.70% for the period from May 20, 2024, to May 19, 2025, with interest payments scheduled for May 20, 2025 [2][4] - Investors have the option to redeem the bonds at the end of the fifth interest period, with the issuer required to announce their decision 30 trading days prior to the payment date [3][4] Group 2 - The bond interest payment will be made to all registered holders as of the close of trading on May 19, 2025, through the designated clearing company [5][6] - The company will ensure that the interest payments are transferred to the clearing company’s designated bank account two trading days before the payment date [6] - Tax obligations for individual bondholders include a 20% personal income tax on interest income, which will be withheld at the time of payment [6][7]