Wanda Commercial Management has another big news, real estate giant Country Garden invested 1.5 billion US dollars for Wanda Commercial Management. Evergrande is now a penny to defeat the hero, and Country Garden is rich, not only its own company's development momentum is very good, but also has the strength to invest 1.5 billion US dollars in Wanda. Nowadays, Evergrande must be very envious of Country Garden.
Recently, many people say that Wang Jianlin has lost weight, in fact, not only Wang Jianlin has lost weight, Wanda is also "thin". Wanda's liabilities have changed from more than 400 billion yuan four years ago to more than 100 billion yuan today, and Wang Jianlin has paid off 300 billion yuan.
Wanda Commercial Management settled in Zhuhai not long ago, and at the same time got 3 billion yuan of investment in Zhuhai, and then Tencent, Ant, Country Garden and other bigwigs have successively invested in Wanda Commercial Management, Wang Jianlin has obtained 6 billion US dollars of financing, and the current valuation of Wanda Commercial Management has reached 30 billion US dollars. This number is expected to double again after it goes public.
Wang Jianlin has successfully spun off the asset-light company, and the main body that went public this time is also Wanda's asset-light company. Wang Jianlin is fighting in hong Kong's capital market again, and this time he is obviously more fully prepared.
Many people are asking a question, that is, why can Wanda quickly turn over and solve the debt problem, but Evergrande has been dragging its feet?
This has to be said that the circle of human resources behind Wang Jianlin, in the case of Wang Jianlin's new ally Country Garden this time, can be said to be financially strong. Country Garden is currently a real estate giant, with the best debt situation, and almost only Vanke can compare with Country Garden.
Country Garden's current interest-bearing liabilities are only more than 300 billion, 200 billion less than Evergrande, and the key is that Country Garden holds 180 billion yuan in cash. Country Garden's short-term debt is very small, the company's operation is very healthy, and Country Garden also holds more than 300,000 acres of land, which is enough for Country Garden to develop for several years and create trillions of revenues.
Wang Jianlin, like Yang Guoqiang, is a very down-to-earth entrepreneur. In fact, this time Yang Guoqiang's investment in Wang Jianlin is also very smart, Country Garden can also engage in commercial real estate on its own, but see evergrande's situation to know, blind diversification risk. Tencent used to be very unsuccessful in its own diversification, and then Tencent did not engage in its own, it was all investment, and now Tencent's investment can be said to be one of the most successful companies in the world. Tencent's investment assets amount to more than $260 billion.
Wang Jianlin has been engaged in commercial real estate for so many years, and his experience and ability are no problem. Therefore, this time Country Garden's stake in Wanda is absolutely very correct.
In addition to Country Garden, the relationship between Wang Jianlin and Ma Huateng is not simple, and this time Tencent has once again subscribed to Wanda's shares. In 2018, Tencent joined hands with JD.com, Sunac and other companies to invest 34 billion yuan in Wanda and take over the shares that Wanda left when it was delisted from Hong Kong.
This shareholding also helped Wang Jianlin solve a big favor, greatly increasing Wanda's cash flow and reducing Wanda's liabilities. Wanda can get back on its feet thanks to Tencent's help.
Wang Jianlin's character is really not simple. Being friends with Wang Jianlin is really very reliable. At that time, Wang Jianlin took Liu Chuanzhi, Sun Xishuang and other good friends to Invest in Changbai Mountain, and the entire resort project invested a total of 20 billion yuan at that time. However, the project did not develop later, and there were many controversial issues because of the illegal construction. In the end, Wang Jianlin took over the shares of other friends, ensuring that others would not lose their money. People like Wang Jianlin, others are naturally willing to cooperate with him.
Dong Mingzhu wanted to invest in Zhuhai Yinlong before, but no one supported her at that time, so Dong Mingzhu called Wang Jianlin to borrow money. Borrowing money this year is a very embarrassing thing. However, Wang Jianlin heard Dong Mingzhu's phone call and said that he wanted to borrow 1 billion yuan. Wang Jianlin not only did not refuse, but also said that 1 billion is not enough, and 2 billion is not enough.
Guo Guangchang, the richest man in Shanghai, also has great respect for Wang Jianlin, which shows Wang Jianlin's character. A person's jianghu status is not only determined by money, but also by his life in the world.
Wanda has now made a successful comeback after two or three years of downturn, and after Wanda Commercial Management went public in Hong Kong, Wang Jianlin is even expected to regain China's richest man.
In the past few years, Wang Jianlin has sold overseas assets and many non-core assets, focusing on the development of commercial real estate, and even giving up money-making real estate. Today's success of Wanda also proves that Wang Jianlin's adjustment is correct.
In fact, the success of Wanda can give Evergrande a good inspiration, Xu Jiayin should sell some non-profitable, non-core projects, Evergrande Automobile, Hengteng Network, Shengjing Bank, the shares of these companies can be sold, in addition, Evergrande has more than 150 billion yuan of commercial property assets, which can also be sold.
Xu Jiayin should go all out to develop real estate, rather than engaging in too many messy businesses, diversified development if it can not be linked, then such diversification is meaningless.