China Vanke said on July 10 that its board nominated candidates for non-independent and independent directors for the company’s 21st board, after the 20th board’s term expired. The developer also issued a 2026 first-half earnings forecast and said results remained under pressure, while it delivered 23,000 homes on schedule and completed maturity extensions for 10 publicly issued bonds, according to Jiemian News.
Vanke said it signed bulk-asset transactions worth 11.3 billion yuan in 2025 and completed the divestment of its ice-and-snow business, and that it has started exiting non-core segments such as food in the first half of 2026. It also said it revitalized projects with an estimated value of about 11.0 billion yuan in the first half, following 33.85 billion yuan of revitalized value in 2025 that helped it secure 23 new projects.
Vanke Nominates New Board Candidates, Delivers 23,000 Homes in H1 2026
2026-07-10 10:24:03
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