Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

CHINA VANKE CO., LTD.*

萬科企業股份有限公司

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2202)

UPDATE REGARDING SALES AND NEWLY ADDED DEVELOPMENT

PROJECTS FOR THE MONTH ENDED 31 OCTOBER 2020

The board of directors of China Vanke Co., Ltd.* (the "Company") hereby announce that for the month ended 31 October 2020, the Company achieved a contract sales area of 3,660,000 sq. m., with a contract sales amount of RMB52.31 billion. From January to October of 2020, the Company achieved an accumulated contract sales area of 36,309,000 sq. m. and a contract sales amount of RMB545.07 billion. Due to existence of various uncertainties in the sales process, the abovementioned sales figures may differ from the figures to be disclosed in regular reports. Therefore, the relevant figures are periodical data for investors' reference only.

The Company has acquired 13 new development projects since the disclosure of the sales update for the month ended 30 September 2020. Details of the projects are as follows:

Percentage

Land

Comprehensive

Plot Ratio-based

GFAAttributable

Land Premium

No.

City

Name of the

Location

Interest

Attributable to

Area

Plot

Gross Floor

to the Company's

the Company's

Project

Attributable to

(Unit: '000 sq m)

Ratio

Area ("GFA")

Equity Holding

Equity Holding

the Company

(Unit: '000 sq m)

(Unit: '000 sq m)

(RMB million)

1

Land Lot South to

Yazhou District

90%

33

2.5

81

73

159

Sanya

Affordable Housing

2

Land Lot North to

Yazhou District

90%

13

2.5

32

29

59

Affordable Housing

3

Nanjing

Yanziji Residential Land Lot

Qixia District

70%

62

2.8

172

121

2,667

(2020G54)

4

No.2 Land Lot of Athletes

Xiaoshan

80%

69

2.7

187

150

3,043

Hangzhou

Village ofAsian Games

District

5

Land Lot East to

Xiaoshan

40%

50

2.6

130

52

767

Chaoyang

District

6

Wuxi

Wanshan Lake Land Lot

Xishan District

49%

108

2.0

216

106

903

7

Xuzhou

2019-No. 63 Dagushan A-1

Gulou District

50%

20

2.5

51

26

84

Land Lot

Land Lot North to

Economic

8

Jiaxing

Development

70%

40

2.0

81

57

556

Haishangchuanqi

Zone

1

Percentage

Land

Comprehensive

Plot Ratio-based

GFAAttributable

Land Premium

No.

City

Name of the

Location

Interest

Attributable to

Area

Plot

Gross Floor

to the Company's

the Company's

Project

Attributable to

(Unit: '000 sq m)

Ratio

Area ("GFA")

Equity Holding

Equity Holding

the Company

(Unit: '000 sq m)

(Unit: '000 sq m)

(RMB million)

9

Zhanqian Road

Lubei District

100%

76

2.0

152

152

1,042

113 Mu Land Lot

10

Tangshan

Zhanqian Road

Lubei District

100%

41

2.0

83

83

596

62 Mu Land Lot

11

Phase III Land Lot

Fengrun

48%

76

2.0

153

73

204

of New Golden Mansion

District

12

Harbin

Shenzhen-Harbin

Songbei

41%

167

2.2

362

148

405

Vanke Town Project

District

13

Lanzhou

Xigu Distrit 112 Mu Project

Xigu District

51%

75

3.4

254

129

597

Total

830

-

1,954

1,199

11,082

Besides, the Company acquired 1 new logistics property project, with an aggregate land premium attributable to the Company's equity holding to be settled amounted to RMB325 million. Details of the projects are as follows:

Precentage

Land Area

GFA

GFAAttributable

Interest

to the Company's

No.

City

Name of Project

Location

(Unit: '000 sq m)

(Unit: '000 sq m)

Attributable to

Equity Holding

the Company

(Unit: '000 sq m)

1

Shanghai

VX Shanghai Pudong Airport Park

Pudong New District

80%

93.1

108.7

87.0

The Company's equity interests in the abovementioned projects may change as a result of introduction of cooperation parties for joint development of certain of these projects. The percentages of shareholdings disclosed above are for investors' reference only at current stage.

2

By order of the Board

China Vanke Co., Ltd. *

Zhu Xu

Company Secretary

Shenzhen, the PRC, 3 November 2020

As at the date of this announcement, the Board comprises Mr. YU Liang, Mr. ZHU Jiusheng and Mr. WANG Haiwu as executive directors; Mr. XIN Jie, Mr. HU Guobin, Mr. TANG Shaojie and Mr. LI Qiangqiang as non-executive directors; and Mr. KANG Dian, Ms. LIU Shuwei, Mr. NG Kar Ling, Johnny and Mr. ZHANG Yichen as independent non-executive directors.

  • For identification purpose only

3

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

China Vanke Co. Ltd. published this content on 03 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2020 02:11:05 UTC