Wang Jianlin is the founder and major shareholder of Wanda, but has recently faced great pressure and crisis. Because Wang Jianlin in the agreement with the VAM, if he cannot solve the problem, he will have to pay 30 billion yuan in compensation. In order to cope with this debt, he had to ** the best assets in his hands and raise funds. The latest news shows that Wang Jianlin has transferred 51% of his equity in Wanda Films, making the acquirer the latest controlling party, and his remaining equity is only 109%。In addition, for Wang Jianlin, another piece of relief news was the termination of Zhuhai Wanda's VAM agreement. As a result of the new foreign investment, Wanda once again sold 30% of its shares, while the original investor chose to retain most of the investment and was exempted from the original VAM agreement. This relieved Wang Jianlin's default pressure of about 30 billion yuan and gave Wanda more time to prepare for listing. However, as the richest man in the past, why did Wang Jianlin fall into such a predicament?
Although Wang Jianlin has personal assets of 47 billion yuan on the Hurun Fortune list, this does not mean that he can easily settle the VAM agreement. First of all, the company's liabilities have nothing to do with the individual shareholders, and Wang Jianlin does not need to use his personal funds to repay the company's debts unless he personally provides a guarantee. Although his personal assets are 47 billion yuan, they are not directly related to Zhuhai Wanda's 30 billion yuan debt. In addition, the 47 billion yuan of assets are not cash, but are calculated based on Wanda Group's holdings and valuation. The actual value may be significantly discounted. Therefore, even if Wang Jianlin is willing to use his personal assets to solve the problem, it will not be easy.
Expanding: Although Wang Jianlin has a huge personal wealth, this does not mean that he can easily cope with the company's debt problems. There is no direct relationship between the company's debts and the individual shareholders, and Wang Jianlin is not required to repay the company's debts in his personal name unless he personally provides a guarantee. Although Wang Jianlin's personal assets reached 47 billion yuan, they were not cash assets, but were calculated based on Wanda Group's shareholding and market value. In fact, there may be some degree of discount in the value of these assets. So even if Wang Jianlin is willing to use his personal assets to solve the problem, it is not an easy task.
Another issue is the liquidity of Wang Jianlin's personal assets. Despite his vast wealth, as the founder and major shareholder of the company, he could not easily liquidate his assets. In the face of a similar situation, many founding shareholders are reluctant to easily sell their equity, because selling their equity may lead to a bad overall situation and create a negative cycle. Therefore, they are more inclined to obtain funds in the form of pledges, etc., and avoid selling equity. For Wang Jianlin, if he chooses to deal with the VAM agreement, it may affect the overall situation of the company. Although from the perspective of total assets, it is not a problem to deal with the VAM agreement of 30 billion yuan, but the short-term sale of assets may lead to poor **, which will affect the overall **. Therefore, Wang Jianlin needs to find other ways to solve the current crisis.
Expansion: In addition to personal assets and corporate debt problems, Wang Jianlin also faces the liquidity problem of assets. Despite his wealth, as the founder and major shareholder of the company, he was not free to liquidate his assets. In a similar situation, many founding shareholders are reluctant to take equity lightly, as this could lead to a lower overall shareholding, which in turn would have a negative circular effect. Therefore, they prefer to obtain funds through staking and other means to avoid the negative impact of selling equity. For Wang Jianlin, if he chooses to deal with the VAM agreement, it may affect the overall situation of the company. Although it is not a problem to solve the 30 billion yuan VAM agreement in terms of total assets, a large number of assets may be sold in the short term, which may lead to bad selling prices, which will affect the entire market. Therefore, Wang Jianlin needs to find a solution to the crisis while maintaining the stability of his assets.
Although Wang Jianlin has temporarily escaped the pressure of VAM agreements, there may be other founding shareholders in the market who are facing similar crises. This is a phenomenon that deserves attention. It can be seen that Wang Jianlin has to ** assets in order to solve the pressure, showing that he is facing a huge dilemma. However, with the new equity transfer and the dissolution of the VAM agreement, he found a way out of the crisis. Although the problems facing Wang Jianlin have not yet been fully resolved, he has taken a crucial step. For Wanda Group, the crisis has also reminded the founding shareholders to be aware of the risks of VAM agreements and adjust their strategies in a timely manner in response to the changing market environment.
In this article, we see the crisis facing Wang Jianlin and his efforts to resolve it by ** assets and the dissolution of the VAM agreement. We learned that despite his personal wealth, he could not easily solve the company's debt problem. At the same time, he also faces liquidity challenges as he needs to be cautious about selling equity options that could potentially affect the company's overall situation. Although Wang Jianlin can breathe a sigh of relief for now, the crisis he faces is similar to that of other founding shareholders and needs to be given sufficient attention and attention. With the increase in VAM agreements, founding shareholders need to adjust their strategies in time to adapt to market changes to avoid similar crises.
In this experience, we can see the pressures and dilemmas faced by the founding shareholders, and deeply understand the complexity and challenges of running a business. Whether it is Wang Jianlin or other founding shareholders, they need to have a stable cash flow and prudent strategic planning to deal with various unforeseen risks and challenges. At the same time, as investors and observers, we also need to pay attention to the evolution of these market events, so that we can adjust our investment strategies and decisions in time to protect our interests.