Vanke: Minsheng Bank's 1.527 billion yuan loan has been extended for 18 months

SadMoneyMeow · 2026-04-01T18:14:41+00:00

Vanke provides loan guarantees for 6 controlling subsidiaries, involving a total amount of 18 billion yuan, with a current loan balance of 15.3 billion yuan. It is expected that by 2026, the total guarantee amount will reach 95.7 billion yuan, accounting for 81.93% of net assets. The company has no overdue guarantee matters.

SadMoneyMeow

2026-04-01 18:14:41

Abstract generation in progress

****Viewpoint.com News:****On April 1, China Vanke Co., Ltd. released an announcement disclosing the progress in providing guarantees for six wholly controlled subsidiaries.

The announcement shows that in 2023, six entities, including Vanke’s controlled subsidiary Lotus Real EstateI Investment Limited, previously each applied for bank loans totaling RMB 180,000 million to the Minsheng Bank Co., Ltd. Shanghai Pilot Free Trade Zone Sub-branch, with a term of 3 years, and the drawdowns have been completed. Vanke’s controlled subsidiaries provided guarantees in the following ways.

The six guaranteed controlled subsidiaries include Lotus Real Estate I Investment Limited, GMI Suzhou Holdings Inc., GMI Hangzhou Holdings Inc., Nanjing Shen Zhi Tou Commercial Real Estate Co., Ltd., Suzhou Yinli Enterprise Management Co., Ltd., and Hangzhou Shen Zhi Tou Enterprise Management Co., Ltd.

As of now, the total outstanding loan balance is RMB 152,740.14 million. Recently, upon application, Minsheng Shanghai Free Trade Zone agreed to continue providing the loans for an additional 18 months. The above guarantee parties will continue to provide guarantees for the corresponding outstanding loan balances; at the same time, SCPG Holdings Company Limited (Yinli Group Holding Co., Ltd.) will provide joint and several liability guarantee for the outstanding loan balances of the six borrowing entities.

As of January 31, 2026, the guarantee balance of Vanke and its controlled subsidiaries is RMB 95.458 billion, accounting for 81.65% of the company’s net assets attributable to shareholders of listed companies as audited at the end of 2025. Of that, the company and its controlled subsidiaries provide guarantee balances of RMB 93.003 billion for other controlled subsidiaries; provide guarantee balances of RMB 1.572 billion for associated companies and joint ventures; and provide guarantee balances of RMB 0.883 billion for other companies. The company has no overdue guarantee matters.

After this guarantee occurs, the total amount of external guarantees provided by Vanke and its controlled subsidiaries will be RMB 95.780 billion, accounting for 81.93% of the company’s net assets attributable to shareholders of listed companies as audited at the end of 2025.

Disclaimer: The content and data in this article have been compiled by Viewpoint based on publicly available information and do not constitute investment advice. Please verify before use.

(Editor: Liu Chang ）

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