As soon as the suspension announcement came out,Wanda FilmsComing soonEquity Transfer, which means:Wanda Filmswill lose this position. And it's notWang JianlinFor the first time**Wanda FilmsHe has already divided the shares three times in July this year. But whyWang JianlinTo cut the meat like this, frequently**Wanda FilmsWhat about equity?The reason is just two words: "lack of money".
Wang JianlinPiggybackedWanda FilmsofDebtstress, which can be a huge burden. Moreover, the intervention of the regulator and the loss of the company's financing channels have made it possibleWanda FilmsCaught in a situation of suffocation of funds. In the capital markets,Wanda FilmsIt also suffered a double whammy, **and bonds**, and the situation was precarious. Against such a background,Wang JianlinDecision**WandaCultural Tourism City andWandaHotels, these two businesses are:Wanda FilmsThe best quality assets, but they were only sold for less than 70 billion yuan. AlthoughWang JianlinHe lost at least 600 billion in this transaction, but he managed to save itWanda Filmsof the crisis.
Wang JianlinThe act of cutting meat can be said to be out of the consideration of "surviving with a broken arm". The price is less than 70 billion yuan**WandaCultural Tourism City andWandaThe hotel, although it has suffered huge losses, can make it possible to exchange cashWanda FilmsGet out of the way for a while. This is tooWang JianlinDetermined by his military background, he dared to take decisive action and set himself apart. In contrast, many real estate developer bosses often choose to keep their core assets when faced with a crisis, and are unwilling to take the initiative, resulting in the bankruptcy and closure of the company. WhileWang JianlinThe decision is forWanda FilmsIt brought a glimmer of life.
Recently,Wang JianlinThe image appeared in the public eye, and he became "emaciated and thin" and faced great pressure. Wanda FilmsThe issue of listing has been unresolvedWang JianlinFaced with a commitment to buy back the investor's shares and payInterestThe dilemma. This part of the shares adds up to more than 30 billion yuan, if addedInterest, the amount will exceed 40 billion yuan. Wanda FilmsIt also faces $600 million due soonDebtAlthough creditors have agreed to extend the term, it still has a certain impact on market confidence. This makesWang JianlinOnce again, it is facing huge financial pressure.
Wanda FilmsSubmitted listing applications to the Hong Kong Stock Exchange for 4 consecutive times, but was not approved for a long time. According toVAM Agreementsand if the listing is not completedWang Jianlinwill have to buy back the investor's shares and pay for itInterest。This will be rightWanda FilmsCausing huge financial pressure. In addition,WandaThere were also some difficulties in seeking an extension, an incident that was once again highlighted despite the eventual creditor consentWang JianlinTight financial situation. Wanda FilmsThe listing forWang JianlinIt's one of the best ways for him to raise money right now. If it cannot be listed,Wang Jianlinwill face a huge amountDebtand financial pressure.
Wang JianlinBecoming "thinner" is obviously due to intense stress. Wanda Filmsof listing issuesDebtPressure, as well as financial constraints, countless pressures were superimposed on him. These pressures are not only rightWanda FilmsThe development of the has had an impact, tooWang JianlinThe health of the individual has a negative impact. This also explains why he looks so haggard.
Wanda FilmsThere are huge challenges and dilemmas, but there are also some hopes and opportunities. First of all,Wanda FilmsThe financial results for the first three quarters of this year showed good performance growth, which indicates that the company's operating conditions are gradually improving. Secondly,Marché du FilmGradually picking up, the market potential is huge, and there are still many growth opportunities. In addition,Wanda FilmsOther avenues of financing can also be pursued, such as finding new shareholders or seeking additional capital support. Hope inDebtAfter the problem is resolved,Wanda FilmsAble to regain a stable development track.
To sum it up,Wanda FilmsFacing huge operating pressure and capital needs. Wang JianlinIn order to save the emergency, the frequent cutting of meat has solved the current crisis, but it will also lose the rightWanda FilmsActual control. He was faced with a huge amountDebtand financial pressure, whileWanda FilmsThe issue of listing is very critical for him. Hopefully in the near future,Wanda FilmsWe are able to regain a stable and healthy development trend.