Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

China Vanke Co., Ltd. Capital/Financing Update 2015

Nov 3, 2015

50443_rns_2015-11-03_0b9d57fc-e0a2-4f94-ab90-ad4cb229c2a4.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

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.

==> picture [141 x 24] intentionally omitted <==

**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 Project For the Month Ended 31 October 2015

The board of directors (the “ Board ”) of China Vanke Co., Ltd. (the “ Company ”) is pleased to announce that for the month ended 31 October 2015, the Company achieved a sales area of 187.4 sq m, with a sales amount of RMB 23.65 billion. From January to October of 2015, the Company achieved an accumulated sales area of 1,627.3 sq m and a sales amount of RMB 204.12 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 financial reports. Therefore, the information contained in this update is periodical data for investors’ reference only.

The Company has acquired 19 new property projects since the disclosure of the sales update for the month ended 30 September 2015. Details of the projects are as follows:

  1. Chegongmiao Project, Shenzhen. The project is located in the south of Chegongmiao area, Futian District, Shenzhen City; it is on the west side of Dahanwang Project, north side of Binhe Avenue and opposite to Jinji Binheshidai; it lies on the east side of Tairan Nine Road and south side of Tairan Eight Road. The net site area of the project is approximately 6,000 sq m, with a plot ratio of 10 and a plot ratio-based gross floor area (“ GFA ”) of approximately 58,000 sq m. Vanke holds a 90 per cent equity interest in the project and is obliged to pay a land premium of RMB1,069 million.

  2. Dream Town – North District Project, Nanning. The project is located in Qingxiu District, Nanning City; it lies to the east of Xiangzhu Avenue, on the west side of Cuizhu North Road, north side of Changhong Road (under construction) and south side of a medicinal botanical garden. The net site area of the project is approximately 197,000 sq m, with a plot ratio of 4.0 and a plot ratio-based GFA of approximately 721,000 sq m. Vanke holds a 90 per cent equity interest in the project and is obliged to pay a land premium of RMB1,780 million.

  3. Wenhui J Land Lot, Hangzhou. The project is located in Wenhui Unit, Lower Town District, Hangzhou City; it is on the west side of Shengjing Road (under planning), north side of No. 1 Road (under planning), east side of No. 4 Road (under planning) and south side of a

1

road under planning. The net site area of the project is approximately 25,000 sq m, with a plot ratio of 2.5 and a plot ratio-based GFA of approximately 61,000 sq m. Vanke holds a 100 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB1,106 million.

  1. Land Lot 23, Peng Port, Chengdong New Town, Hangzhou. The project is located in Peng Port Unit, Jianggan District, Hangzhou City; it is on the west side of Tongxie South Road and a planned green area, north side of Baishi Harbour (under planning), east side of Baishi Harbour and south side of Peng Port Branch Road (under planning). The net site area of the project is approximately 59,000 sq m, with a plot ratio of 1.6 and a plot ratio-based GFA of approximately 95,000 sq m. Vanke holds a 100 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB1,200 million.

  2. Land Lot 22, Overseas High-Level Talents Innovation Park (海創園 ) of Future Sci-tech City, Hangzhou. The project is located in the Future Sci-tech City, Yuhang District, Hangzhou City; it is on the west side of Chang Two Road, north side of Xiangwang Street, east side of Haifu Road and south side of Haishu Road. The net site area of the project is approximately 22,000 sq m, with a plot ratio of 2.0 and a plot ratio-based GFA of approximately 44,000 sq m. Vanke holds a 100 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB261 million.

  3. Hangxing Road Land Lot, Liangzhu Street, Hangzhou. The project is located in Liangzhu Street, Yuhang District, Hangzhou City; it is on the west side of an open space, north side of Xiecun Harbour, east side of Hangxing Road and south side of a road under planning. The net site area of the project is approximately 38,000 sq m, with a plot ratio of 2.2 and a plot ratio-based GFA of approximately 84,000 sq m. Vanke holds a 100 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB506 million.

  4. Baolong South Land Lot, Hangzhou. The project is located in Shibeixi Unit, Xiaoshan Development Zone, Hangzhou City; it is on the west side of Jinji Road, north side of Beitang Road, east side of the green belt of Sijia River and south side of Jianshe One Road. The net site area of the project is approximately 58,000 sq m, with a plot ratio of 2.5 and a plot ratio-based GFA of approximately 144,000 sq m. Vanke holds a 100 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB735 million.

  5. Land Lot 122-2, Future Sci-tech City, Yuhang District, Hangzhou. The project is located in the Future Sci-tech City of Hangzhou; it is on the west side of Huandao Road, north side of Fangqiao Harbour, east side of an open space and south side of Dianzi Road. The net site area of the project is approximately 69,000 sq m, with a plot ratio of 1.5 and a plot ratio-based GFA of approximately 103,000 sq m. Vanke holds a 100 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB722 million.

  6. Site south to Vanke Jiuduhui, Nanjing South Railway Station. The project is located in the central district of Xincheng South Station, the southern part of Nanjing City; it is on the west side of a road under planning, north side of Hongyun Avenue, east side of Mingcheng

2

Avenue and south side of a road under planning. The net site area of the project is approximately 42,000 sq m, with a plot ratio of 2.6 and a plot ratio-based GFA of approximately 109,000 sq m. Vanke holds a 100 per cent equity interest in the project and is obliged to pay a land premium of RMB1,550 million.

  1. Canghai Project, Ningbo. The project is located in Yinzhou New Town, Yinzhou District, Ningbo City; it is on the south side of Songjiang East Road, west side of Fengqi Road, north side of Jinshan Road under planning and east side of an existing riverway. The net site area of the project is approximately 31,000 sq m, with a plot ratio of 2.4 and a plot ratio-based GFA of approximately 74,000 sq m. Vanke holds a 97 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB341 million.

  2. Shanghai Jianteng Project. The project is located in Zhangjiang area of Pudong New District, Shanghai; it is on the west side of Zhangdong Road, east side of Shenjiang Road, south side of Longdong Avenue, and north side of Dangui Road. The site area of the project is approximately 63,000 sq m, with a plot ratio of approximately 1.3 and a plot ratio-based GFA of approximately 83,000 sq m. Vanke holds a 50 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB440 million.

  3. Dalian Boshiyuan Project. The project is located in the Gan Jing Zi District of Dalian; it is on the west side of Meilin Yuan Residential Community and Xinzhaizi Station of Metro Line 2, north side of Da Xinzhaizi residential area, east side of a small and medium-sized enterprise park, and south side of a new factory area. The net site area of the project is approximately 154,000 sq m, with a plot ratio of approximately 1.9 and a plot ratio-based GFA of approximately 284,000 sq m. Vanke holds a 100 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB1,243 million.

  4. Beijing Yanqing Shenjiaying Project. The project is located in Yanqing County, Beijing City; it is on the west side of Shenhan Road, north side of Yanliu Road, east side of Bayu Road, and south side of Bayu Road. The net site area of the project is approximately 166,000 sq m, with a plot ratio of 1.4 and a plot ratio-based GFA of approximately 233,000 sq m. Vanke holds a 20 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB140 million.

  5. Shenyang Da Dong District 204 Project. The project is located in Da Dong District, Shenyang City; it is on the west side of a riverside road under planning, north side of Hemubei One Road, east side of a road under planning, and south side of a riverside road under planning. The net site area of the project is approximately 88,000 sq m, with a plot ratio of 4.0 and a plot ratio-based GFA of approximately 351,000 sq m. Vanke holds a 100 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB1,052 million.

  6. Lot A-02-01 Project, north side of Xiangyun Road, Tangshan. The project is located in the Lubei District of Tangshan City; it is on the north side of Xiangyun Road, east side of Dali Road, west side of a financial centre, and south side of the completed King Metropolis Project. The net site area of the project is approximately 5,000 sq m, with a plot ratio of 1.9 and a plot ratio-based GFA of approximately 10,000 sq m. Vanke holds a 60 per cent equity

3

interest in the project and is obliged to pay a land premium of approximately RMB12 million.

  1. Lot A-02-02 Project, north side of Xiangyun Road, Tangshan. The project is located in the Lubei District of Tangshan City; it is on the north side of Xiangyun Road, east side of Dali Road, west side of a financial centre and south side of the completed King Metropolis Project. The net site area of the project is approximately 40,000 sq m, with a plot ratio of 2.8 and a plot ratio-based GFA of approximately 111,000 sq m. Vanke holds a 51 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB90 million.

  2. Licheng District Zhongjie Project, Jinan. The project is located in Licheng District, Jinan City; it is on the west side of Industry South Road, north side of the extension of Feiyue Avenue, east side of the site of Licheng Grain Depot, and south side of Jiaozhou-Jinan Railway. The net site area of the project is approximately 88,000 sq m, with a plot ratio of 2.5 and a plot ratio-based GFA of approximately 220,000 sq m. Vanke holds a 100 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB523 million.

  3. Chengdu Guobin Runyuan Project. The project is located in Jinquan Street, Jinniu District, Chengdu City; it is on the west side of a site for a school under planning in Kexing South Road, north side of a site for planned residential and commercial development in Jinkenan Three Road, east side of a site for planned residential development in Yaoye North Road, and south side of Dishu Meilin Community in Jinkezhong Road. The net site area of the project is approximately 34,000 sq m, with a plot ratio of approximately 2.9 and a plot ratio-based GFA of approximately 97,000 sq m. Vanke holds a 100 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB463 million.

  4. Land Lot 7#, Dongzhao Project, Huiji, Zhengzhou. The project is located in Huiji District, Zhengzhou City; it is on the west side of Yuanbei Road, north side of Guangyang Road, east side of Wenhua Road and a bus station, and south side of North Fourth Ring Road. The net site area of the land parcel is approximately 73,000 sq m, with a plot ratio of 2.4 and a plot ratio-based GFA of approximately 175,000 sq m. Vanke holds a 51 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB214 million.

In addition, the Company acquired 1 new logistics property projects. Details are as follows:

  1. Hangzhou Dajiangdong Flavours Factory Project. The project is located on Weiba Road, Dajiangdong Industry Cluster, Hangzhou City. The net site area of the project is approximately 100,000 sq m, with a plot ratio of 1.02 and a plot ratio-based GFA of approximately 102,000 sq m. Vanke holds a 50 per cent equity interest in the project and is obliged to pay a land premium of approximately RMB41 million.

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.

4

By order of the Board *China Vanke Co., Ltd.[ ] Tan Huajie Company Secretary

Shenzhen, the PRC, 3 November 2015

As at the date of this announcement, the Board comprises Mr. WANG Shi, Mr. YU Liang and Mr. WANG Wenjin as executive Directors; Mr. QIAO Shibo, Mr. SUN Jianyi, Mr. WEI Bin and Mr. CHEN Ying as non-executive Directors; and Mr. ZHANG Liping, Mr. HUA Sheng, Ms. LAW Elizabeth and Mr. HAI Wen as independent non-executive Directors.

* for identification purpose only

5