Recently,WandaThe film issued a suspension announcement, announcing the shareholders and actual controllersWang JianlinIt is planned to be 51%.Transfer of sharesTo Shanghai Ruyi Investment Management *** This meansWang Jianlinwill lose the pairWandaControl of the film. Not reallyWang JianlinFor the first time**WandaFilm shares, in July this year he has been divided into three ** partsEquity。The reason behind this transfer is:Wang JianlinThe funds on hand were short and had to be cut to cash.
In the current situation of the gradual recovery of the film industry,Wang JianlinWandaCinematicEquityIt raises questions. However, by passingWang JianlinThe adjustment and transfer of assets over the past few years, we can seeWang JianlinMany times ** assets are in responseWandaThe Group's huge debt and financial pressure.
Wang JianlinInReal estateCircles are known for their decisive decision-making. In 2017,WandaCaught in a huge debt crisis, the company's capital chain was broken, and financing channels were limited. At this time,Wang JianlinDecision**WandaThe core business of ——WandaCultural Tourism City andWandahotel in exchange for short-term cash. At that time, the roomReal estateThe market is in a hot stateWandaThe cultural tourism city and hotel business are considered high-quality assets, howeverWang JianlinIn the way of low price**, for:WandaSolve the urgent need.
In order to solveWandaThe Group's debt crisis,Wang Jianlin** was selectedWandaThe core asset of this decisive decision in the houseReal estateThe industry is very rare. With this transaction,Wang JianlinGot a lot of cash and managed to saveWandaThe group is in the midst of fire and water. Although some people thinkWang JianlinHe lost a lot of money on this trade, but his goal was to solve the immediate problem, not to maximize profits. This practice of daring to cut meat in exchange for survival is costlyWang JianlinA lot of energy, and at the same time, he has become a leader in the industry.
Recently, the public noticedWang JianlinThe image has changed significantly, and he seems to have lost a lot of weight. This is mainly due to the tremendous pressure and predicament he is facing. WandaThe listing of commercial management has not been resolved, which has made itWang JianlinFaced with huge share buybacks and paymentsInterestpressure. In addition,WandaThis is further indicated by the fact that a rollover of overdue debts is also soughtWang JianlinFunding is currently scarce. All kinds of predicaments makeWang JianlinEmaciated.
Wang JianlinThe recent change in image has sparked public attention, and his extreme weight loss means that he has to face a lot of pressure and hardship. First of all,WandaThe listing of commercial management has been delayed many times in a rowHong Kong Stock ExchangeSubmitted a listing application but was still not approved. According to the agreement with the investor, if:WandaBusiness management can't be completed this yearHong Kong Stock Exchangeof the listing,Wang Jianlinwill have to buy back the shares in the hands of investors and pay for themInterest。This will bring a huge burden of more than 40 billion yuan. In addition,WandaThere was also a recent request for an extension of a maturing debt, which is once again indicative despite the fact that the final extension was approved and agreed to by creditorsWang JianlinFunding is currently scarce. This also gives the market rightWandaInvestors are considering lending money to itWang JianlinIn the past, we will carefully consider whether we can recover the funds. Due to the tightening of general financing channels,WandaThe listing becomes particularly important, which isWang JianlinOne of the best financing avenues that can be thought of right now. IfWandaUnable to successfully go public,Wang JianlinHe will face the double pressure of huge bills and financing difficulties, which is why he is emaciated.
One might wonder, 2017Wang JianlinHaven't you already experienced a crisis?Why, just six years later, is he in trouble again?Actually,Wang JianlinFinancial constraints are not entirely his responsibility. After 2017,WandaTurnedAsset-lightmode, successfully circumventedReal estateThe impact of the industry. However, that doesn't mean he can always get out of danger. WandaStill withReal estateThe industry is closely related to the overall economic environment as the overall economic environment coolsWandaHow can you be alone?In addition,WandaIn previous years, I also dabbled in someReal estateprojects, which have recently had problems with work stoppages and unpaid wages. So, thoughWang JianlinNo major mistakes have been made since the crisis, but the environment has long since changed. This time he**WandaCinematicEquityIt's a helpless move. According toWandaThe film's quarterly earnings report, the first three quarters of this year,WandaThe film revenue reached 1134700 million yuan, a year-on-year increase of 4698%, with a net profit of 11$1.4 billion, with a net cash flow of 379.6 billion yuan. Such a quality asset,Wang Jianlinhad to cash in, although there was some helplessness, but also admired his courage. Hence the hopeWang JianlinTo survive this crisis, after all, entrepreneurs like him are very rare.