Although Vanke Group has developed well since its listing, in the middle of 200 1 year, Vanke's cash flow has been negative, reaching 1 100 million yuan. In order to make up for the funding gap, Vanke Group issued convertible bonds in July 20001year.
Vanke Enterprise Co., Ltd. was established in May 1984. Its core business is real estate, and it is one of the first publicly listed enterprises in Chinese mainland.