Wang Jianlin's name is well-known in China, from Wanda Plaza to movie theaters to football stadiums, and his business empire spans multiple industries. However, recently, the business tycoon has made a new move - he actually sold 51% of the shares of Wanda Film to Ruyi Holdings.
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As soon as this news came out, there was a lot of heated discussion in the market. After all, everyone wants to know, what kind of medicine is sold in the gourd of Wang Jianlin, who is known as a business strategist?
Remember 2017?
First of all, in 2017, Wanda stopped a series of overseas expansion plans. Since then, Wanda has slowly withdrawn from overseas markets and shifted its focus back to China. The sale of shares in the film business this time seems to be another big step for Wang Jianlin to restructure assets and reduce debts.
The pressure on Wanda is enormous
It has to be mentioned that Wanda's debt pressure has always been the focus of attention from the outside world. Previously, Wang Jianlin had to sell some film studios, hotels and other entertainment assets, and this time the sale of a large stake in Wanda Films is undoubtedly to further reduce the burden.
What do netizens think?
Regarding Wang Jianlin's action, netizens' opinions can be described as diverse. Some people think that Mr. Wang is still worthy of respect, after all, he did not find a way to transfer assets abroad as soon as something happened like some rich people.
Some people also feel that Mr. Wang should be tired, in the final analysis, life has to be happy in time, and it is already very good to be able to retire with peace of mind and ensure a worry-free old age.
Some netizens said that Wanda refused to give in even on parking fees, which can be seen, but the financial pressure behind this is the bigger challenge.
Some netizens ridiculed that Trump has gone bankrupt several times, and each time he can make a comeback, what is Wang Jianlin's difficulty? The turmoil in the business world, in the eyes of ordinary people, may be a big drama, but for them business giants, it is just commonplace.
Looking to the future
The equity transfer will not only affect Wanda Film's stock trading on the Shenzhen Stock Exchange, but may also have a long-term impact on the entire real estate and entertainment industry. After all, Wanda has always been a significant player in both industries.
Wang Jianlin's series of strategic adjustments make people curious about the future development and direction of Wanda Group. It also makes people realize once again that shopping malls are like battlefields, and every decision is not simple.
In the end, for Wang Jianlin, this may just be another transformation of his business empire, and it may be a good story for us, but for him, it is just a step in the long march. In any case, we are looking forward to seeing a new Wanda, a different Wang Jianlin return to the center of the commercial stage! What do you think about this? Welcome to leave a message to discuss!