Recently, have you seen the news that "Dalian Wanda Commercial Management's 16.2 billion equity has been frozen"? So Wang Jianlin was on the hot search again, maybe everyone is still worried about what Wanda should do, Wanda has already reached an agreement with the disputing party, and the matter has a good result.
The Yangzhou branch of Minsheng Bank applied to freeze this part of the equity before the lawsuit due to a dispute over a financial loan contract. A few days before this incident, 5.07 billion shares of Dalian Wanda Commercial Management were frozen, and the freezing period is from March 4, 2024 to March 3, 2027. In fact, this part of the equity was frozen in July last year, and it was also unfrozen shortly after. Under normal circumstances, the equity freeze will not affect the continued exercise of shareholder rights, nor will it affect the actual control of the company, but for a company like Wanda, which is in a sensitive area, such frequent equity freeze news is estimated to have a significant impact on confidence. Fortunately, Wang Jianlin's ability to cross and close in a short period of time is still slightly higher than that of his peers.
In July 2020, Vanke took a stake in Changchun Northern 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 Vanke is ready to build a large market called "Vanke Starlight City". Unexpectedly, the two sides broke up in the end, and there was a dispute over the end account 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. To a certain extent, Wang Jianlin is always at a critical juncture, he can either get an opponent or bring in friends, Shan Weijian is well-known in the private equity investment world, he is a partner of PAG Investment, in 2021, Zhuhai Wanda Commercial Management introduced external investors, and PAG invested 18 billion, 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 listing VAM crisis. How Wang Jianlin persuaded the other party is a mystery.
Although Wanda has been rumored to be short of money from time to time, it has never publicly defaulted on the thunderstorm. This performance should be related to Wang Jianlin's various personal business, and I believe that Lao Wang in 2024 will continue to forge ahead.