laitimes

Wang Jianlin: It's still a fart year

Wang Jianlin: It's still a fart year

Wang Jianlin: It's still a fart year

1

Last year, I also felt it at about this time, I wrote an article "People are middle-aged, and they have a fart year", and recently I saw some of them and talked about a few words.

In the past, Wanda's annual meeting has always been grand and grand, and it used to be the most high-profile "Spring Festival Gala" in the corporate world.

It is said that preparations begin in March every year, and through the polishing of nearly 300 strict details and quality control, the degree of professionalism is not inferior to CCTV or some local stations, and Lao Wang's solo is the finale.

In 2016, Wang Jianlin became the richest man in China for the third time, and at the annual meeting, Lao Wang sang four songs in a row, especially a song "Fake Monk", superimposed with the halo of the richest man,

It has also become a vivid footnote to the rapid progress and high spirit of the real estate industry in the past.

This year's Wanda annual meeting, held at the Wanda Vista Hotel in Beijing, which is connected to its headquarters, was unusually low-key, with little media dissemination, except for a news release on the Wanda Group's official website, as is customary.

Boss Wang has two famous sayings that we are most familiar with: "The small goal of earning 100 million first"; Tsinghua University and Peking University are not as bold as being bold."

This year, it is estimated that Lao Wang has no intention of celebrating the New Year, and people in the industry say that Lao Wang's year is not good!

2

As the curtain of the domestic real estate industry gradually pulls down, the bigwigs who used to have unlimited scenery have withdrawn one by one.

Saying goodbye to the old and welcoming the new, Wang Jianlin's key words are

"Cutting meat"

Not only did he start the "sell, sell, sell" mode again, but his worth also shrank significantly, with a value of 47 billion yuan compared with more than 200 billion yuan at his peak, a decrease of more than 7 percent.

Boss Wang is considered to have transformed relatively early, when Brother Belt and Sun officials were still aggressively acquiring land, Lao Wang only did one thing: no longer "take land and build houses", transform into a commercial management company, and Wanda will live on rent in the future.

In 2017, Wanda took the lead in a thunderstorm and fell into a debt crisis of more than 400 billion yuan.

In the end, Lao Wang decisively sold Wanda Cultural Tourism and hotels to Sunac and R&F at a discount, returning 63.7 billion yuan, and his wife Lin Ning ran in many ways and raised nearly 200 billion yuan.

This is Lao Wang's first time to survive with a broken arm, shrinking in advance and thundering in advance, which allowed Wanda to avoid the tide of real estate adjustment behind.

It's really a place of blessing and misfortune, and a place of misfortune and blessing!

3

As mentioned above, 23 years is a year of "cutting meat" for Lao Wang.

Because, he not only lost absolute control of Wanda Film and Zhuhai Wanda Commercial Management, but also sold nearly 10 Wanda Plazas.

Wanda Commercial Management, the world's largest commercial real estate operator, which operates 494 large-scale commercial centers, was originally a steady move, but also carried the last ambition of Lao Wang.

Lao Wang once proudly and openly said that Wanda Plaza is a money printing machine, and when Wanda's rental income reaches 100 billion in a few years, Wanda Group will be able to "sit firmly on the fishing boat regardless of the wind and waves".

The words are still in my ears, but now they are no longer human.

At the end of 2023, Zhuhai Wanda Commercial Management's fourth listing was blocked, and it was mired in the quagmire of VAM agreements.

Lao Wang also ushered in his white knight this time, but there has never been love for no reason in the capital market, let alone Lao Wang, who is mired in debt.

However, this time, when Lao Wang cut it, he thought it was the fattest meat.

Half a month after the VAM crisis was resolved, after several rounds of games, Wang Jianlin kept the flame of Wanda Commercial Management's continued listing.

And at the cost of losing control of the Wanda Empire.

This is Wang Jianlin's second time to survive with a broken arm, and the vigorous and large-scale asset disposal has to make people sigh at Lao Wang's courage and determination.

Compared with other real estate tycoons, he is already in a good situation, and this year he no longer has to worry about debt collectors coming to the door or running around for a debt crisis.

Lao Wang must have mixed tastes in his heart, and he really doesn't have the heart to hold an annual meeting and become a "singer".

4

The annual meeting witnessed the arrival of one outlet after another, in addition to real estate, there are also Internet, finance, games and other industries......

In September 2017, about 40,000 Alibaba employees from 21 countries and regions around the world took more than 100 flights, 32 high-speed trains, and 1,700 buses to Hangzhou to participate in Alibaba's 18-year-old "coming-of-age ceremony".

Some people say that this was the largest annual meeting in the history of Hangzhou and the Internet at that time.

Over the past 10 years, we have seen:

Ma Huateng, who wore sunglasses and a big gold chain, sang and danced with many executives, and was ridiculed as "Meng Meiqi of the Goose Factory";

cos the white-haired witch and Ma Yun who reverses Snow White;

Lei Jun dressed as the God of Wealth;

Robin Li wearing gold armor and playing drums;

appeared in a windbreaker, sunglasses, top hat, and white scarf, like Liu Qiangdong of Xu Wenqiang in Shanghai.

This year, perhaps only the annual meeting of new energy and chip-related technology industry companies will have the confidence to hold a decent one.

This year's annual meeting of the semiconductor company Texas Instruments was held at the W Hotel in Shanghai, a five-star hotel, with a budget said to be in the millions.

Nvidia CEO Jensen Huang participated in the annual meeting in China for the first time, wearing a Northeast flower vest and twisting Yangge with employees.

The annual meeting is just a small microcosm of the economic and industrial temperature, but now more people are waiting for spring to come.

5

After chatting, the annual meeting of the bigwigs, let's talk about us ordinary people.

Some time ago, many of our colleagues went to watch a popular movie "The Annual Meeting Can't Stop" together.

After reading it, everyone also had mixed tastes, and went back to criticize and write, and "mouthful" a bit.

"The Annual Meeting Can't Stop" is still being screened, but many people find that their company's annual meeting has stopped.

At present, the trend of most companies is that the annual meeting shrinks into team building, team building shrinks into a party, and the party shrinks into a meal.

The high-profile annual meeting once symbolized the carnival of capital and revenue.

The fact that it will stop and even disappear in the year is not just an indication of its shrinkage in size and prizes,

It is also a reflection of the mood of the times.

However, the annual meeting is becoming more and more chicken, just as many migrant workers on the Internet said:

"Not only is there no money, it's not interesting";

"If the company has no money, don't hold an annual meeting";

"Don't let me put on a show";

"Don't pua me, be pragmatic, promotion and salary increase are king."

Actually, I like Byte a lot, and Byte doesn't seem to have held an annual meeting.

But I know the employee of Byte said that she agrees not to hold an annual meeting, and does not hold an annual meeting to send red envelopes directly, every year, the New Year red envelopes are divided into different amounts according to the length of service, and she received a red envelope of several thousand yuan last year, which is very "pragmatic".

The annual meeting has changed, the company, industry, and times have changed, and the mentality of workers has also changed.

At last

Salute to all the passers-by under the starlight, each of us may have to actively or passively adjust our pace in this tide, and I hope that you who are walking on the road will have hope!

2023, the first year of the post-epidemic era, income, real estate, stocks, ...... For many, it's just another year of drugs that have worsened the disease.

In 2024, more than 60 national and regional elections, especially the U.S. election, all point to uncertainty.

Global assets will continue to diverge, and the phenomenon of "our game, other people's dividends" will still exist.

The three-year deposit rate of RMB broke "2" and came to the era of "1", and the era of low interest rates has come. 

At the moment when high-interest assets are dying out in China, is there still a place for high-interest deposits for our families and individuals, and is there a place for asset hedging?

Yes The US dollar interest rate is still high, Hong Kong's financial funds flow freely, Hong Kong's insurance is frantically robbed, and it can be swapped in multiple currencies.

All these conveniences and hedging can be done only by doing one thing, and that is to open an account in Hong Kong.

With a Hong Kong card, you can not only get high interest, but also feel the free flow of funds.

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