Group 1 - Vanke A's stock price closed at 6.6 yuan on June 6, 2025, down 0.6% from the previous week's 6.64 yuan, with a market cap of 78.743 billion yuan, ranking 2nd in the real estate development sector and 182nd in the A-share market [1] - The highest intraday price for Vanke A was 6.66 yuan on June 5, 2025, while the lowest was 6.54 yuan on June 3, 2025 [1] Group 2 - Vanke completed the redemption of the "22 Vanke 03" bond with a total redemption amount of 35 million yuan [5] - The "22 Vanke 04" bond will pay annual interest on June 6, 2025, distributing 35.30 yuan for every 10 bonds [5] - Vanke decided to exercise the redemption option for the "20 Vanke 06" bond at a redemption price of 103.90 yuan per bond [5] - The "22 Vanke 03" bond had a redemption date of June 5, 2025, with a redemption price of 102.90 yuan per bond and a total balance of 350 million yuan [5] - The "20 Vanke 06" bond has a redemption date of June 18, 2025, with a total balance of 1.2 billion yuan and a current coupon rate of 3.90% [5]

Group 1 - The company has completed the redemption of the "22 Vanke 03" corporate bonds, with a total redemption amount of 350 million yuan and interest payment of 10.15 million yuan [4] - The bonds will be delisted on June 6, 2025, following the completion of the redemption process [4] - The redemption will not have a materially adverse impact on the company [4] Group 2 - The bond includes options for interest rate adjustment, investor put, and issuer redemption [2][3] - The issuer has the right to decide on the adjustment of the bond's interest rate at the end of the third year, with announcements to be made 20 trading days prior to the interest payment date [2] - Investors have the right to sell back the bonds at face value during the designated period in the third interest year [3]