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On the Eve of Vanke's Next Creditors' Meeting, Executive Vice President Yu Liang Retires
Summary by 大纪元 Epoch Times
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1 Articles
Chinese real estate giant Vanke was on the verge of defaulting on its debts at the end of last year. On January 21 this year, it will hold a creditors' meeting to extend two bonds totaling RMB 5.7 billion. At this critical moment, Vanke issued an announcement stating that Yu Liang has resigned from his positions as director and executive vice president due to retirement.
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