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Text | Fireflies
Editor|Lawyer Huang Yi
When it comes to Wang Sicong, everyone will definitely not be strange.
Previously, Wang Sicong suspected that he was secretly photographed by passers-by and beat and injured passers-by on the hot search.
After discovering that the secret photo was an oolong incident, it was only a hasty compensation of 2.09 million.
Wang Sicong, who beat others at will, was accused by netizens of being extremely arrogant.
But anyone who knows his background knows that he has capital for being so arrogant.
His most powerful backstage is his father, Wang Jianlin, who beat Li Ka-shing and Ma Yun and became the richest Chinese in the world.
However, Wanda Group, which is proud of Wang Jianlin and Wang Sicong.
But in May 2023, it was revealed that he was saddled with 40 billion debts.
What's going on here?
01
Wang Jianlin was born in 1954 in a small county town in Sichuan Province.
Because my father was a soldier who participated in the Long March of the Red Army.
So he also chose to enlist in the army at the age of fifteen.
The training of the army and his father's strict discipline from an early age paved the way for his repeated victories in business wars in his later years.
After he was discharged from the army in 1987, he became the head of the Dalian municipal government.
But after living in peace for a few years, he was not willing to live a life that remained unchanged.
So after much deliberation, he made a decision that surprised everyone.
He resolutely abandoned his glorious career, abandoned politics and business, and threw himself into real estate.
At that time, the general environment was waiting to be prosperous, and there were many business opportunities.
Many people are watching and afraid to start.
But Wang Jianlin founded the Dalian Wanda Group amid opposition.
Wang Jianlin's admirable courage and courage allowed him to earn his first pot of gold.
This pot of gold is not a small amount.
Wang Jianlin, who tasted the sweetness from it, also quickly adjusted his mentality and became a leader in the real estate industry.
He quickly expanded the company and made himself known locally.
Therefore, the business that came to the door came in wave after wave.
Since then, Wanda has also been decent, focusing on the renovation of the old city and making a lot of money.
2000 was a hot year for the real estate industry, and Wang Jianlin, who had a large amount of capital, was standing on the cusp.
He cooperated with major global brands to provide venues.
Some well-known brands settled in and achieved a win-win situation.
However, Wang Jianlin understands the dangers of boiling frogs in warm water.
Instead of resting on his laurels, he made another very bold decision.
He founded Wanda Studios, invested in film and television filming, and reached into the entertainment industry with half a hand.
It is undeniable that Wang Jianlin has strong business acumen.
Under his leadership, Wanda Group has developed rapidly, becoming stronger and bigger.
According to statistics, up to now, the number of Wanda Cinemas is as many as 1,300, and there are more than 200 large shopping malls.
Wang Jianlin even beat Li Ka-shing and Ma Yun and became the richest Chinese in the world.
In the past few years of brilliant career, Wang Jianlin is unwilling to stop there.
So he invested in hundreds of five-star hotels and thousands of cinemas.
He even took out loans to expand Wanda's overseas markets.
You want to win your part on the international stage.
He also made a big splash in his Harvard speeches.
He said he wanted to surpass Gatsby, the world's richest man, in 2020 and surpass $200 billion in assets.
It has been frequently revealed:
"Money is indeed not omnipotent, because he is Wanda"
"Set a small goal, first earn it 100 million" famous saying.
He also bluntly said in his speech at Tsinghua University: "What Tsinghua Peking University is not as bold as Wanda." ”
It can be described as a lot of limelight.
But what is surprising is that in 2017, Wanda Group failed because of its diversification strategy.
The two major projects of e-commerce and cultural tourism have brought high losses.
A ban by the China Banking and Insurance Regulatory Commission has made Wanda Group even worse.
Wanda's overseas financing loans are limited by a broken-capital chain.
The company's shares were also close to the drop limit for a while.
For a while, Wanda was no longer in its former glory, fell into a cash flow crisis, and was saddled with a huge debt of 600 billion yuan.
Wang Jianlin also faces unprecedented challenges.
In desperation, he sold a lot of assets, selling many tourism, cultural and hotel assets to other companies.
Since then, Wang Jianlin has been much more stable, and he is no longer as arrogant as before.
Wang Jianlin has publicly stated that it is absolutely impossible to give up Wanda.
Since then, Wanda has learned its lesson and forged its own path.
Divest all real estate business and transform into a purely commercial operating enterprise.
Finally, in 2022, Wang Jianlin once again ascended to the throne of the richest man in real estate with his correct decision.
But today, as the leader of the consumer market, Wanda's real situation does not seem to be as beautiful as it seems.
On April 25, 2023, the public offering of Zhuhai Wanda Commercial Management Co., Ltd., a subsidiary of Wanda Group, failed again.
This is the third time the application for listing has been filed, and the previous two have failed.
Mention this, it can't help but remind people of the sensational gambling agreement at that time.
The VAM agreement was an agreement signed by Wang Jianlin with investors for his own benefit.
It says that if the company does not successfully go public by the end of 2023.
Wanda Group needs to buy back investors' funds and pay interest.
This means that Wanda Group needs to pay back more than 40 billion yuan to investors.
However, today's Wanda can't even get 1.08 billion yuan.
It attracted the attention of many viewers.
Under a lot of pressure, Wanda told the media that the relevant departments of Zhuhai Wanda will resubmit the materials as soon as possible.
Although the outcome is unknown, everyone seems to have known it.
02
As the only son of Wang Jianlin.
Wang Sicong's national attention is no less than that of his father Wang Jianlin.
A random "eating hot dog" picture topped the hot search list, attracting countless netizens to play terrier imitation.
He was born at a time when Wang Jianlin's career was on the rise.
Wang Jianlin is busy with work all day, and it is common for many days not to be at home.
And Wang Sicong was also sent abroad for education because his parents had no time to take care of it.
After returning to China, Wang Sicong immediately took office as a director of Wanda.
This listed director is also very leisurely, lingering in the Internet celebrity circle all day.
Got acquainted with many young and beautiful Internet celebrity girlfriends.
Photos of him eating and drinking with his arms around Internet celebrities can be seen everywhere on the Internet.
This time, Wang Sicong was exposed to drive his own private jet and took a group of female Internet celebrities to the mall to buy special purchases, which caused heated discussions among netizens.
His love life has also become the talk of netizens after tea.
He even invested in Shanghai Banana Entertainment Company and became the largest shareholder.
This is equivalent to stepping into the entertainment industry with half a foot.
After becoming famous with the entertainment industry, Wang Sicong found a good place for entertainment.
A strong background makes him unscrupulous and invincible in the entertainment industry.
Often bombards people or things that he is not used to, and therefore likes to mention the title of "Discipline Inspection Commission of the entertainment industry".
This title comes from the extravagant wedding of Wang Xiaofei and Da S in 2011.
Wang Xiaofei's mother was afraid that the media and netizens would accuse them of being too wasteful, so she pulled Wang Jianlin out to "block the gun".
It is said that the wedding was sponsored by Wang Jianlin.
These words can be regarded as touching Wang Sicong's anti-scales.
It caused Wang Sicong to personally tear Wang Xiaofei, and also affected his mother and new wife.
Not to be outdone, Wang Xiaofei did not hesitate to send a reply with abusive words.
The two brothers were not vegetarians and took turns tearing several rounds.
In the end, Wang Xiaofei's mother couldn't hold the fire when she saw the paper, and publicly apologized.
Only then did Wang Sicong let them go and calm the flames of this war.
This great war lasted for several days and made a lot of noise.
Wang Sicong also became famous.
If it is said that this matter is the other party's initiative to provoke trouble, Wang Sicong counterattacked.
Then the "milk tea sister" incident is purely Wang Sicong's own fault.
"Milk Tea Sister" Zhang Zetian came out of the circle with a pure photo holding milk tea in her hand and became popular on the Internet.
Not only refused Zhang Yimou's film offers many times, but also successfully held hands with Liu Qiangdong, the founder of JD.com, who is 19 years older.
The value also rose with the tide, surpassing Wang Sicong in one fell swoop.
This also caused Wang Sicong's dissatisfaction, openly mocking her as a "sleeping generation" and relying on her body to gain power.
His bold speech also attracted the attention of many netizens.
In addition to the "milk tea sister", Wang Sicong's popular stars are also numerous.
One of the most impressive is Fan Bingbing.
Wang Sicong has long been dissatisfied with Fan Bingbing.
He believes that Fan Bingbing as an actor has neither acting skills nor good works.
So he publicly mocked Fan Bingbing as a blanket star, and the words were all contemptuous.
Fan Ye Fan Bingbing is not a good lord.
Post plane photos on social platforms to respond domineeringly.
This even triggered Wang Sicong's anger and responded in the comment area.
This incident also caused a lot of discussion among the melon-eating masses, and even accused Wang Sicong of being idle and panicking, judging others all day long.
But what makes people feel shocked is that Wang Sicong's scolding all over the entertainment industry is not enough.
He didn't even show mercy to his own father and his own company.
Wang Sicong, who was jokingly called "tearing onions" by netizens, graduated from the University of London.
He has publicly spoken in interviews, saying that his father Wang Jianlin is not so literate.
Just when melon-eating netizens were immersed in the stunning incident of their son's demolition of Taiwan's biological father and lack of culture.
Wang Sicong did another big thing in a muffled voice.
His blog posts on social platforms directly bombarded his hotel.
He called his hotel the most rubbish he had ever stayed in.
The cause of the incident was only because he went to the toilet, but found that the toilet was not equipped with paper towels.
It's ironic.
His unobstructed mouth makes people feel that he is flying and domineering.
This beating incident also made his reputation plummet.
Simply because he thought someone nearby was secretly photographing him.
An altercation occurs and then the beating of others.
Finally, the ability to use banknotes exempts the penalty.
Netizens were also speechless about this.
Think that he is an Internet celebrity who has done too much, and think that the eyes of the whole world should focus on himself.
Others just glance casually, passing by him and thinking that others are secretly filming, which is too self-centered.
Not everyone is interested in him.
epilogue
Everything is solved with money, and this matter belongs to the nouveau riche.
His voice about online injustice has indeed won the Internet friendliness.
But now his family is saddled with huge foreign debts.
His self-esteem should also be corrected.
The most important thing that the Discipline Inspection Commission in the entertainment industry should review is itself.