FollowWang Jianlinof the footsteps,Wang SicongComing soonWanda Groupof".White Knight”？Recently,Wanda GroupThe public maturity of a $600 million offshore debt also meansWang JianlinAt that time, the image of "not breaking the golden body" was officially broken. At the same time,WandaThe listing application of the commercial management is still not approved, which makes investors andWandaare feeling the urgency. In the face of tremendous pressure,Wang JianlinBecame emaciated and pale while his sonWang SicongIt appeared in Tai'an City with a relaxed image. Although someone is rightWang Sicong's casual dress is judged, but in reality, his clothes are not cheap. Wang SicongRecently, it signed a cultural tourism project worth 3.7 billion yuan with Tai'an City, which triggered the outside world to deal with himWanda GroupSpeculation about the relationship between them. WandaExternally expressed withWang SicongThe business did not intersect and denied the rumors of his **. So, what exactly are father and son planning?Next, we will analyze this issue in detail.
In 2017,Wanda GroupFor the first time, it fell into a crisis,Wang JianlinFacing huge debts and regulatory pressures. The regulators have almost completely blocked itWandaof financing channels, letWang Jianlinhad to rely on ** assets to tide over the difficulties. With less than 70 billion yuan, he will put his best quality projectWandaCultural Tourism City andWandaHotel ** to Sunac and R&F. The deal is considered to beWang JianlinAt least 500 were lostSmall goals。However, in order to survive, he had to resort to this strategy of surviving with a broken arm. Through the conversion of assets and debts into equity, etcWang Jianlinsuccessfully survived the crisis and madeWandaTurn toAsset-lightOperating model. Although in the early days of the real estate cold wave,WandaIt hasn't been affected too much, but over time, the property industry's woes have exceeded all expectations.
AlthoughWandaDenial withWang SicongThe company founded Huanju Business has a relationship, but as the most well-known "rich second generation" in ChinaWang SicongbehindWang JianlinThe influence cannot be ignored. According to the information of Tai'an City***,Wang SicongSigned a contract for Tai'an's cultural tourism and fitness center project, with a total value of more than 3.7 billion yuan, including stadiums, fitness facilities, catering, entertainment and exhibitions. AlthoughWang SicongThere are differences between the projects currently managed by Huanju Commercial Management and the Tai'an project, but it is likely that there is a certain correlation between the two. In fact, in May this year, the leaders of Tai'an City visited themWandaheadquarters, on the cooperation of sports venues were exchanged. InWang JianlinFaced with a difficult situation,Wang SicongThe signing of such a large order, for the capital market, is undoubtedly a declaration that there is a successor to the Wang family, suggesting that the debt problem can be put on hold for the time being. Currently, distanceWandaWith less than a month left before the deadline for listing, everything will be revealed soon.
Summary:Wang JianlinwithWang SicongThe relationship between the two is in the spotlight. Wanda GroupThe dilemma promptedWang Sicongbecome".White Knight", signed a valuable descriptionWang Sicongbecome".Wang Jianlinof".White Knight"It may be an exaggeration, but it can be said that he is helping his father copeWanda GroupThe dilemma. Wang SicongSigned a contract for the cultural tourism and fitness center project in Tai'an, which was interpreted as a kind of support and rescueWanda Groupmoves. AlthoughWandaDenial withWang SicongThe Huanju business management is related, butWang SicongbehindWang JianlinThe influence cannot be ignored. Wang JianlinIt is currently facing huge debt and listing problemsWang SicongThe emergence of the capital market conveys a kind of confidence, implying that there is a successor to the Wang family. Although the specific script has not yet been revealed, butWang SicongThe action clearly contributes to the reliefWang Jianlinpressure.