Wang Jianlin solves the problem of gambling, and the biggest beneficiary may be Ma Huateng
Introduction: In 2016, Wang Jianlin planned to acquire assets such as Legendary Entertainment, an American film and television company, to expand Wanda Group's influence in the entertainment industry, but in order to raise funds, he signed VAM agreements with some overseas partners. However, due to various reasons, Wanda Group fell into a VAM crisis, and finally Wang Jianlin resolved the crisis through a series of methods. In this crisis, Wang Jianlin showed the courage and determination of entrepreneurs, and at the same time fully realized the risks and challenges of enterprise development, adjusted the strategy in a timely manner, and laid a solid foundation for the future development of Wanda Group.
Wang Jianlin walked out of the gambling crisis and took a breath.
Wang Jianlin ushered in the good news of successfully resolving Wanda's 38 billion gambling debt crisis. The premise of this major positive news is that Wang Jianlin has disposed of high-quality assets and lifted the burden of debt. First of all, Zhuhai Wanda Commercial Management reached a new agreement with the existing investors, adjusting the investment amount and shareholder structure. Although Wang Jianlin's stake in Zhuhai Wanda Commercial Management Company has decreased, he has successfully resolved the VAM crisis, resolved debt pressure and the risk of bankruptcy, and achieved a comeback. In addition, Wang Jianlin, after full efforts, successfully restored Wanda Group's performance and ultimately avoided compensation.
Wang Jianlin emphasized the inflow of domestic and foreign capital.
In order to solve the gambling crisis, Wang Jianlin adopted a series of solutions, including adjusting strategies and introducing capital. He has refocused on Wanda Group's core business area, which is commercial real estate. Wang Jianlin believes that commercial real estate is the traditional advantage of Wanda Group, which can bring stable cash flow and profitability to the group. At the same time, he also increased investment in the domestic market to consolidate and expand Wanda Group's share in the domestic market. In addition to introducing domestic capital, Wang Jianlin also actively seeks cooperation with international capital, learn Xi s from its advanced management experience, expands foreign markets, and improves the group's international competitiveness. These measures have laid a solid foundation for the future development of Wanda Group.
One of the beneficiaries: the origins of the Pacific Alliance Investment Group (PAG).
In Wang Jianlin's process of solving the gambling crisis, PAG became one of the main beneficiaries. PAG started as a Japanese real estate and distressed asset disposal company, and later joined forces with Gao Tianle and Shan Weijian to form today's Pangda Investment Group. PAG has invested in a number of Chinese companies, including Wanda Commercial Management, Tencent**, Nai Xue's Tea, and Lexin. PAG played an active role in resolving Wang Jianlin's VAM crisis, canceling the VAM agreement with Wanda Commercial Management and helping Wang Jianlin resolve debt pressure and the risk of bankruptcy.
Beneficiary 2: Ruyi Investment and Wanda Films' transfer.
Another beneficiary is Ruyi Investment and Wanda Films. Wanda Film announced on Feb. 12 that it would transfer 51% of its stake to Ruyi Investment, which is about 15 billion yuan based on its current market capitalization. The current controller of Ruyi Investment is Ke Liming, the original name of Ruyi Investment"HengTen Networks"。Ruyi Investment has close ties with Evergrande and Tencent. Through this transfer, Wang Jianlin lost control of Wanda Films, but it was also one of his efforts to resolve the VAM crisis.
Wang's courage and determination and the challenges ahead.
The gambling crisis has brought a lot of pressure to Wang Jianlin and Wanda Group, and it has also made them more aware of the risks and challenges of enterprise development. By adjusting strategies, introducing capital, and promoting transformation, Wang Jianlin effectively coped with the gaming crisis and laid the foundation for the future development of Wanda Group. Looking back on this crisis, we can see Wang Jianlin's courage and determination as an entrepreneur to take risks and challenge the unknown. However, his misjudgment of the general environment also became one of his challenges, and led him to pursue expansionist policies during the economic downturn. However, the crisis has also provided certain conditions for Wanda's good development in the future.
Summary. Wang Jianlin showed the courage and determination of an entrepreneur in the gambling crisis, and resolved the crisis by adjusting strategies and introducing capital. He broke the gambling crisis, took a breath, and laid a solid foundation for the future development of Wanda Group. However, Wang Jianlin also faces challenges, such as misjudgment of the larger environment. This crisis has made him more aware of the risks and challenges of corporate development, and Wang Jianlin should be more cautious and careful in making decisions in the future to ensure the good development of Wanda Group.