Red Star Capital Bureau news on May 6, there were rumors recently that 72-year-old Vanke Group founder Wang Shi is preparing to divorce 42-year-old Tian Pujun, causing heated discussions on the Internet.
As for the rumors of divorce, Tian Pujun himself has denied it. Red Star Capital Bureau noticed that on the afternoon of May 5, Tian Pujun replied to netizens on his personal Xiaohongshu account: "I am not divorced." That night, she also posted a video of playing games with Wang Shi, with the text "Playing real estate tycoon with real estate tycoon, it's good, don't worry about it", again denying the divorce rumors.
Image from Tian Pujun Xiaohongshu account
Public reports show that at the end of 2012, the relationship between Tian Pujun and Wang Shi was exposed. In October 2018, at an award ceremony held in New York, Wang Shi expressed his gratitude to Tian Pujun in his award speech: "Thank you to my wife Tian Pujun. This is the first time Wang Shi has publicly acknowledged his marriage to Tian Pujun.
In addition to married life, Wang Shi's career has also attracted much attention. In June 2017, Wang Shi resigned as chairman of Vanke, and since then, Wang Shi's personal Weibo has mostly been about rowing, public charity, sports and other news.
Four years after leaving Vanke, 71-year-old Wang Shi broke the news of starting a business. In April 2022, according to the website of the Hong Kong Stock Exchange, Destone Acquisition Corp. (Chinese name: Shenshi Acquisition Enterprise Co., Ltd., hereinafter referred to as "Shenshi Acquisition"), a special purpose acquisition company (SPAC) jointly initiated by Wang Shi, officially submitted a listing application.
Deepstone Acquisitions was established in May 2021 and domiciled in the Cayman Islands for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, known as a special purpose acquisition company M&A transaction, also known as a "SPAC".
The data shows that from May 31, 2021 to December 31, 2021, Shenshi Acquisition did not generate any revenue, incurred expenses of HK$3.3888 million, and net liabilities of HK$3.2 million as of the end of 2021. Shenshi Acquisition said that it will not generate operating income until the completion of the special purpose acquisition company M&A transaction at the earliest.
However, Red Star Capital Bureau found that as of May 6, 2023, there was still no progress in the acquisition and listing of Shenshi. According to the HKEX website, the listing application of Shenshi Acquisition is in an "invalid" status.
Image from the official website of HKEx
There was no progress in listing in Hong Kong, and Wang Shi entered the private equity industry.
In April 2023, according to information on the website of the Asset Management Association, "Shenshi (Wuxi) Private Equity Fund Management Co., Ltd." completed the registration of private equity and venture capital fund managers on April 11 this year. Public information shows that Shenshi Private Equity Fund is 100% controlled by Shenshi Holdings Management (Shenzhen) Co., Ltd., and the actual controller of the latter is Wang Shi, who indirectly holds 94.05% of the equity of Shenshi Private Equity Fund.
In addition, according to public information, Wang Shi is also associated with more than 10 enterprises or social organizations, among which in addition to Vanke Public Welfare Foundation, Shenzhen Wanhang Public Welfare Foundation, Beijing Langlang Art Foundation and other foundations, Wang Shi also serves as the legal representative, executive director or shareholding of Shenshi (Wuxi) Private Equity Fund Management Co., Ltd., Shenyuan Science and Technology Culture (Shenzhen) Co., Ltd. and other companies, involving private equity funds, culture, science and technology, etc.
Among the affiliated enterprises of Tian Pujun, 7 are in existence, including Wuxi Century Zhenghe Cultural Communication Co., Ltd., Beijing Chengli Culture Media Co., Ltd., Shenzhen Chengli Training Management Co., Ltd., etc., covering film and television, training, science and technology, advertising, etc. It is worth mentioning that Wang Shi and Tian Pujun are not directly related to business.
Source | Red Star News