Wang Jianlin slowly climbed out of the valley floor and re-entered the table.
To complete this action, Wang Jianlin spent five years.
In the years when Wanda went to sea, Wang Jianlin knew very well what Wanda wanted and what it would become; but when everything came to naught, Wang Jianlin did not hesitate, but cut off the cultural tourism and hotel business with a knife, and also threw off a large part of the burden of debt.
When we look back a few years later to savor this action, we can't help but give a thumbs up.
In addition to Wang Jianlin, who sees the debt more thoroughly, there is also Cao Dewang. So in recent years, in addition to Fuyao Glass being very popular, Cao Dewang has also passively become an Internet celebrity entrepreneur.
Duan Yongping once said: "The advantage of debt is that it can develop faster." The advantage of not being indebted is that you can live longer. Besides, in general, banks lend you money when they make sure you don't need it. ”
Unfortunately, most people can't listen.
In fact, in the past few decades of development, most people have not been able to distinguish the harm of short-term loans and long-term investment, nor have they been able to have a clear and complete understanding of their income level, so that when they encounter storms, they easily lose the ability to resist risks.
In the adult world, one different choice means you will take different risks. There is no stake that does not take risks, and there is no completely low risk and high return return, which even children understand.
Even in the stock market that is easiest to enter, the first item before opening an account is: the stock market is risky, and you need to be cautious when entering the market.
When the industry is in the dividend period, it is true that it can be happy, but when the industry dividend disappears, it is necessary to bear certain consequences for your choice, but most people choose to ignore the risk in the short term, which is also the main factor causing the tragedy.
Expand liabilities and do what you can.
In 2017, Wang Jianlin in the storm sold 91% of Wanda's 76 hotels and 13 cultural tourism projects to Sunac and R&F for 63.7 billion. This deal, which was a loss at the time, finally eased Wanda's efforts. The exaggeration is that in order to allow Sunac to smoothly "swallow" the cultural tourism project, Wang Jianlin even lent money to Sunac to help it successfully acquire.
This act was ridiculed by a large number of people at that time.
Looking back, we find that none of the people who can ascend to the throne of the richest man are stupid.
At present, Sunac's debt has been postponed, and even the annual report has not been released on time, and the situation of R&F is not much better than that. Instead, Wanda, who "survived with a broken arm", returned to the table, began to embark on the road of development again, and blossomed everywhere.
In February this year, Wanda announced the takeover of the "Tian Sen hui project" in Xinzhou, Shanxi;
On March 28, Wanda announced the signing of a strategic cooperation agreement with Xinyuan Group, in which the two sides will cooperate in the fields of commercial management and asset management.
On April 1, Wanda announced the signing of a strategic cooperation agreement with Jianye Group, in which Jianye plans to lease all commercial projects to Wanda Commercial Management or its affiliates, and Wanda Commercial Management will be fully responsible for the investment, external leasing, operation and property management of such commercial projects.
The price is that Wanda pays 700 million yuan in rent at a time, which is ten years.
On April 19, Wanda Commercial Management announced that it has won the overall operation and management rights of Beijing SOLARA Blue Harbor and Beijing Wukesong Zhuozhan Shopping Center.
……
Wang Jianlin once said that anything can be given up, that is, Wanda Business cannot give up, which Wang Shoufu understands better than anyone, because all of Wanda's business activities will be extended around business management in the future.
According to data from Wanda's official website, by the end of 2021, Wanda's cumulative number of Wanda Plazas opened nationwide reached 418, 38 more than half a year ago.
Wang Jianlin once said when participating in a show that the highest state of business is the "empty glove white wolf". He explained that the model was built on absolute strength and brand technology, and he also gave the example of Disney at the time. In fact, by the time of Wanda's Pre-IPO round, its financing has reached 6 billion US dollars (about 39 billion yuan), and investors include Tencent, Ant Financial and Country Garden.
Among them, Tencent, Ant Financial and CITIC Capital are also the cornerstone investors of Wanda Commercial Management.
On April 6, the Hurun Research Institute released the "2022 Hurun Global Real Estate Entrepreneur List", while Wang Jianlin swept away the decline in the past few years and ranked fifth with Wu Yajun with a value of 105 billion.
According to Frost & Sullivan data, among the many commercial operation service providers, if only in terms of the floor area under management, Wanda Commercial Management ranks first in the world and China.
And this number exceeds the sum of the two to ten in China.
According to its prospectus, in the shareholder structure before Wanda's listing, Dalian Wanda Commercial held 69.99%, Zhuhai Wanying held 8.83%, and Yinchuan Wanda held 0.01%, which means that Wang Jianlin held a total of 78.83%.
At present, Wanda Commercial Management is only one foot away from being listed. This is also the courage and confidence that Wang Jianlin can "attack" again. After the plan to go to sea was broken, Wang Jianlin was very soberly aware that keeping Wanda's domestic business would be the top priority of future inheritance.
In the future, the real estate industry may go downhill, but the real estate service industry must be a sunrise industry, according to the current expansion rate of Wanda, after the re-listing of Wanda Commercial Management, Wang Jianlin will once again challenge the throne of the world's richest real estate.