Wang Jianlin, who has become a "bamboo pole", will once again stage a miracle! With the signing of the new investment agreement between Dalian Wanda Group and PAG (PAG Investment Group), the clouds covering Wang Jianlin's head finally dissipated. 
After all, there are only about ten days left before Wang Jianlin's sky-high VAM agreement expires, but Wanda Commercial Management's road to listing is still foggy, and Wang Jianlin, who was originally worried about the 38 billion VAM bill, can finally breathe a sigh of relief. So the question is, what is the origin of this PAG, which has never been heard of, why was Wanda's crisis so easily resolved, and why did it give Wang Jianlin so much support, and who is behind it? As Wang Jianlin's "white knight" and the actual controller of PAG Investment Group, 69-year-old Shan Weijian this year, because of his usual low-key style, not many people in the outside world know about it, but he is the same age as Wang Jianlin, but he is a real powerful person. 
According to the information available at present, after returning from studying in the United States in the 90s, Shan Weijian first worked at JPMorgan Asia, and then joined Newbridge Capital as a partner, officially starting his private equity career. After joining Newbridge Capital, Shan Weijian soon ushered in his own highlight moment, the year Shan Weijian entered the private equity circle, coinciding with the outbreak of the Asian financial crisis, and the First Bank of Korea urgently needed investors to take over the restructuring. Under the leadership of Shan Weijian, Newbridge Capital defeated HSBC in one fell swoop and became the largest investor in Korea First Bank. Five years later, First Bank of Korea was back on track, and Shan saw the opportunity to sell his shares and exit smoothly and reaped a good return. 
After becoming famous in the first war, Shan Weijian did not stop there, but immediately followed by the "Xinqiao Capital acquisition of Shenzhen Development Bank" case, in the case of no capital in the outside world, Shan Weijian made a decisive move, and finally helped Shenzhen Development Bank out of the predicament, once again decisively threw out of the equity, and successfully retired. Under the leadership of Shan Weijian, Newbridge Capital's reputation in the industry has grown day by day, but Shan Weijian chose to "retire bravely" soon after, leaving Newbridge Capital to join PAG Group as a partner. After joining PAG, Shan shifted his investment focus from international to mainland companies. In the past ten years, Shan Weijian has invested in well-known mainland companies such as Wanda, Alibaba, Baotou Steel, etc., and has been praised as the "king of private equity in China" by industry insiders. So, if Wang Jianlin could have been like Shan Weijian at the beginning, choosing to "retreat bravely" at the highest moment, would Wanda's ending change now? 
In fact, Wang Jianlin did not think about change, before the Wanda Group was completely thunderous, Wang Jianlin also changed his thinking, turned his strategic attention to the big health industry, and then established Wanda Big Health Industry Group. It's a pity that before Wang Jianlin could exert his strength, he had to break his wrist due to Wanda's complete thunderstorm. In recent years, the rapid growth of the domestic health industry has been abnormal, especially the domestic old and suppressed technology such as "Wright Curtain Construction", which has attracted much attention in the domestic market. According to the data, the above-mentioned technology is the highest out of the Yale elderly individual test, in the relevant literature records of "cell" and "science", the "Wright Curtain Construction" type of technology shows the characteristics of "individual function boosting, slowing down the aging process", and therefore after the results are landed, it quickly becomes hot and retreats to intervene in the demand group.
Nowadays, with the rise of the relevant demand market in the domestic East and Tiant anchor sectors, the "Wright Curtain Construction" technology is even more brilliant, and in its related feedback area, there is no shortage of high-frequency words such as "easy to fall asleep and full of vitality". In this regard, in the next five years, related industries may exceed 100 billion yuan.
It can be seen that Wang Jianlin, who has changed his mind, is not because he chose the wrong direction, but because the hidden dangers left by Wanda in the previous blind expansion process are too great, and Wang Jianlin has not been left much time to react. Interestingly, in 2021, Wang Jianlin frantically looked for investment in order to prepare for the listing of Wanda Commercial Management, and it was Shan Weijian who took 21 other investment institutions to inject 30 billion investment into Wanda Commercial Management. And Wang Jianlin's gambling agreement was also signed at that time. 
Some people may ask, since the bet is about to expire, why is Shan Weijian willing to let Wang Jianlin go? In fact, it is no longer important for Shan Weijian to let Wang Jianlin go, because after the signing of the new investment agreement, Wanda is no longer Wang Jianlin's final say, and after the signing of the new investment agreement, the equity of PAG and other investors has reached 60%. 
In other words, perhaps in the near future, we will likely see Shan Weijian, a big man in the private equity circle, personally lead Wanda Commercial Management to continue to move forward. List of high-quality authors
Note: Not original.