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After the waves receded, it was only when it became clear who was swimming naked. China's commercial real estate scene has once again caused an uproar, with China's richest man, Xu Jiayin, and his Evergrande Group in a huge financial crisis. Evergrande Real Estate Company, Evergrande Wealth Company, and Evergrande Property Company have thunderstormed, with total liabilities as high as 2.3 trillion. Xu Jiayin was not only officially arrested, but even his youngest son was imprisoned.
At the same time, commercial real estate tycoon Pan Shiyi chose to retire and fly to the United States. His SOHO China did not thunder, but Pan Shiyi had already resigned from more than a dozen companies and reunited with his wife and son in the United States with tens of billions of wealth.
In this storm, only Wang Jianlin can stand. According to the latest news, Wanda Group is negotiating with investors to postpone the listing. Previously, Wanda signed a listing VAM agreement with investors, and if Wanda cannot be listed this year, it will involve more than 30 billion equity repurchases.
At the moment of "non-stop thunder" in the real estate circle, Wang Jianlin showed his heroic nature. As one of the largest real estate developers in China, Wanda Group has maintained a solid business strategy and strong financial strength. Despite the uncertainty of the market, Wang Jianlin has remained strong, demonstrating his extraordinary wisdom and courage as a business giant.
The turmoil in China's real estate sector is a wake-up call and a rethinking of the industry as a whole. This incident has made people realize that only those companies that are truly capable and sound can survive in a changing market. It is especially important for investors to choose reliable partners and projects.
This disruption in the real estate industry has not only affected the industry, but also has had a profound impact on the economy as a whole. The government and regulators will also strengthen the supervision of the real estate market to avoid the recurrence of similar risk events.
In these unpredictable times, only those entrepreneurs who are truly strong and wise can rise in the face of adversity. The fall of Xu Jiayin and Pan Shiyi has made people more aware of the cruelty and challenges of the business world. Wang Jianlin's perseverance and courage have brought hope and confidence to people, and he will continue to lead Wanda Group to move forward steadily on the road of future development.