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<CN Home>VANKE A (000002.SZ) Has RMB570M in Equity Frozen Reportedly
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VANKE A (000002.SZ) recently added a new information regarding equity freeze, according to Chinese media citing Tianyancha's risk information.

The equity is held by Shenzhen Vanke Development Co., Ltd. (literal translation of "深圳市萬科發展有限公司"), with the frozen equity amounting to RMB570 million, and a freeze period of three years. The executing court was the Dongguan Intermediate People's Court, Guangdong Province.

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Shenzhen Vanke Development is jointly held by Shenzhen Vanke Financial Advisory Co., Ltd. (literal translation of "深圳市萬科財務顧問有限公司"), a subsidiary of CHINA VANKE (02202.HK).
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