The news that Dalian Wanda Commercial Management's 16.2 billion shares were frozen made everyone speculate about Wanda's fate, because this time Wanda was annoyed by the Yangzhou branch of Minsheng Bank. The reason was a dispute over a financial loan contract, and the bank applied to freeze this part of the equity before the lawsuit.
Fortunately, I don't know what Wanda has done, which quickly relieved the plaintiff. From 2021 to the present, there have been many Wanda-related equity freeze cases, but for a company like Wanda that wanders in sensitive areas, the frequent equity freeze news is estimated to have a significant impact on confidence. These equity freezes can basically turn the danger into a disaster. For example, the dispute with Vanke in June last year. At that time, Zhuhai Wanda Commercial Management hit the Hong Kong stock market, but it was suddenly revealed that Wanda Group's 1.98 billion shares in Dalian Wanda Commercial Management were frozen, which is a story of love and hate, in July 2020, Vanke invested in Changchun North Film Capital Investment Co., Ltd., a subsidiary of Wanda, with a shareholding ratio of 15%. The company is responsible for the development of real estate projects in Changchun International Film Metropolis, and after entering the market, Vanke is ready to build a large market called "Vanke Starlight City", with a total construction area of 688,000 square meters.
Wanda is responsible for the commercial real estate part of the project, and Vanke is responsible for the residential part, but unfortunately, the two sides broke up in the end, and disputes arose over the final accounts of more than one billion. It is worth mentioning that the frozen equity corresponds to 128.7 billion net assets, accounting for one-third of Wanda's net assets. However, just over a month later, the financial dispute between Vanke and Wanda was settled, and Wanda's frozen equity was quickly unfrozen. In any case, Wang Jianlin let the difficult Yu Liang let go.
In December last year, Zhuhai Wanda Commercial Management's listing script finally had a new plot, and the thunder on Wang Jianlin's head was removed. Shan Weijian is a well-known name in the private equity investment community, he is a partner of PAG Investment, and in 2021, Zhuhai Wanda Commercial Management introduced external investors, and PAG invested 18 billion yuan, accounting for nearly half of the total investment. At the last minute, PAG Investment, together with other investors, signed a new "treaty" with Wanda, which lifted the VAM crisis. This performance should be related to Wang Jianlin's various personal business, the opponent is willing to reconcile, the friend is willing to stand up, even if he has a little blood, it is much better than no one cares.
Recently, Wanda Commercial Management has set up a housing leasing company, Wanda Plaza is also selling from time to time, according to Wanda Commercial Management's outstanding bond information, Wanda's short-term debt repayment pressure is still not small, I hope that Lao Wang can successfully survive these hurdles.