Over the past year, Mr. Wang has been forced into a microblog silence over the attack on Yiling Pharmaceutical, and he has gradually disappeared from public view as his father, Wang Jianlin, and Wanda Group are at risk. However, just when everyone was caught off guard, he appeared in the Taishan Cultural Tourism Fitness Center project with a sports style, announcing an investment of up to 3.7 billion yuan, which attracted widespread attention. Does this mean that Wang Sicong is carrying out a style counterattack and ushering in a new starting point?
At a critical moment when Wanda Group was in turmoil, Wang Sicong's huge investment sparked speculation about his future direction. Where are these 37 "small goals" sacred, and do they contain Wang Sicong's new business empire?
As the chairman of Beijing Huanju Business Management, Wang Sicong is once again the first company, and in less than 5 months, the company has mainly renovated the stadium project of the Taishan Cultural Tourism and Fitness Center project, with an investment of up to 3.7 billion. This huge cultural tourism project includes gymnasiums, swimming pools, gymnasiums, etc., and for a newly established company, the scale of investment is really staggering.
Does Wang Sicong's move mean that the crisis faced by Wanda Group is about to be lifted?Although Wanda insisted that Huanju Commercial Management had nothing to do with Wanda, the huge investment and the involvement of the municipal project seemed to have brought a ray of life to the mired Wanda Group.
According to industrial and commercial information, Huanju Commercial Management is a new company that has just been established for less than 5 months, and its main shareholders are Hangzhou Cup Commercial Management *** and Jiuhuan Real Estate Development (Beijing)**, with a shareholding ratio of 51% and 49% respectively. Through the examination of the shareholding structure, we find that Wang Sicong's Pulse Capital has a stake in both companies, and is also the actual helmsman of Huanju Commercial Management.
However, it also seems to hint at a further estrangement from Wang's relationship with Wanda Group. On August 29, 2022, Wanda Group's board of directors changed, Wang Sicong's name was erased, and he stepped down as a director of Wanda. Perhaps this is Wanda's way of protecting Wang Sicong and isolating him from potential crises in order to maintain his financial independence.
Huanju Business Management's involvement in the Taishan Cultural Tourism and Fitness Center project shows that they are aiming at the opportunity of diversified development of the cultural tourism industry, which is a new round of battle for the integration of business tycoons and the cultural tourism industry. With Taishan as the core IP, the project will create a diversified tourism ecology such as commerce, entertainment, catering, sports and exhibition. According to statistics as of September 16, Taishan received as many as 7 million tourists, a year-on-year increase of 268%, providing strong support for the feasibility of the project.
For Wang Sicong, the debut of this cultural tourism project is not only a huge test of his business acumen, but also a new business opportunity. In the past, the failure of the Panda banknote was a problem on his business path, but this time, his large-scale investment represented by 37 "small goals" may be a declaration to the past failures: "I have upgraded, are you ready?"”
Wang Sicong's Pulse Capital plays a key role in the company's management, and this investment is an important step towards his new business. However, for this person who was once known as the "rich second generation" and the "national husband", is he choosing a new business opportunity, or is he quickly withdrawing from the thunderstorm?
Although Wanda Group insists that it has nothing to do with Huanju Commercial Management, this huge amount of money involves municipal projects, and it seems difficult to complete it with Wang Sicong's personal strength. Whether there are other forces behind it is still a mystery.
However, it may also be a means for Wanda Group to choose to cut ties in order to protect Wang Sicong. With his resignation as a director of Wanda, his position at Huanju Commercial Management is clearly that of the de facto at the helm, which may be Wanda's way of providing him with a haven of tranquility in the midst of a crisis.
Wang Sicong's poor management in the past, especially the bankruptcy of Panda banknotes, made him a typical example of being discredited by society. However, this time the investment in cultural tourism projects is obviously a 180-degree change. He chose a completely different field than in the past, demonstrating his flexibility and innovation in his business strategy.
Whether his "small goal" can be achieved will become a successful cultural tourism project, which will be a real test of his ability. However, unlike in the past, this time he is in the cultural tourism industry, which is a field full of passion, innovation and change.
The success of the Taishan Cultural Tourism and Fitness Center project will have a profound impact on the economic development of the Taishan region. The diversified development model of the project, with Taishan as the core IP, has attracted a large number of tourists and brought rapid economic growth to the local area.
For Taean, this is a smart move to make the most of the local tourism resources. With a 268% year-on-year increase in the number of tourists received by Taishan, the success of this cultural tourism project will bring more opportunities for the local economy and provide a success story for other regions to learn from.
In addition to the project itself, people's attention to Wang Sicong also focuses on his dress. Compared with the scene of wearing shorts when meeting with Dalian leaders in the past, the sports style this time is obviously more formal. However, this has sparked controversy about business etiquette.
Some people believe that in business situations, a certain amount of formal attire should be maintained to show respect for the other person. However, it was also pointed out that successful businessmen such as Elon Musk still maintain casual attire when meeting with state leaders, showing the diversity and relaxed atmosphere of the business sector. Does this mean that the tradition of business etiquette is being redefined?
Wang Sicong's large-scale investment has caused a lot of speculation, but the key question is whether this "small goal" can lead him to counterattack and regain the pinnacle of business
Past mismanagement and the bankruptcy of the Panda banknote have put a certain amount of pressure on his reputation and career. However, does this choice to get involved in cultural tourism projects mean that he has found new business opportunities, or is it just a brief escape in the face of the risk of thunderstorms?
In any case, Wang Sicong's "small goal" this time has successfully attracted the public's attention. Whether his future direction can truly achieve a counterattack will take time to reveal. Will this business venture be the new pinnacle of his career, his confident declaration of "I'm all right, what about you?".We'll see.