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On December 22, the Shanghai Securities Journal reported that the result of the second holders' meeting for Vanke's 2 billion yuan bond extension was released on the official website of the China Interbank Market Dealers Association. Proposal 2, which is the proposal to adjust the principal and interest repayment arrangement of the medium-term notes, was not approved. However, proposals 1 and 3 were both approved, which means that the grace period for the principal and interest repayment during the term of this medium-term note will be extended from 5 working days to 30 trading days.