UPDATE REGARDING SALES AND NEWLY ADDED DEVELOPMENT PROJECTS FOR THE MONTH ENDED 31 JULY 2022
- Publisher: Vanke
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Announcement
Due to the significant forecasted loss for 2024, Vanke is experiencing temporary liquidity difficulties. To effectively mitigate risks and earnestly safeguard the interests of house buyers, creditors and investors, the board of directors has resolved to strengthen Vanke's management capabilities, leverage the resource advantages of Shenzhen Metro Group Co., Ltd. as the substantial shareholder and other parties, further concentrate on core businesses and accelerate the transformation of financing models, and to better promote the steady operation and sustainable development of the group and spare no efforts in creating value for shareholders and the society.
MONTHLY RETURN FOR THE MONTH ENDED 31 JULY 2022
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