Wanda GroupIt is one of the largest commercial real estate companies in China, with a large business empire and a wide range of business areas. However, in 2017,WandaThere was a huge crisis. theDebtThe scale is huge, the debt ratio has been high, and the financial pressure is huge. At the same time, due to the instability of the financial markets,Wandaaccess to financing is restrictedInvestmentsconfidence in it has declined, resulting in a sharp share price**. In addition,WandaSome businesses have also shrunk, further hitting the company's revenue and profits. InDebtProblems and shrinking business under the double whammyWandaThe image is negatively affected and attractedInvestmentsand partners become difficult.
However, it is in such a predicament,WandaThe founderWang Jianlinshowed his bold determination. In order to defuse the crisis,Wang JianlinDecidely sold most of the assets, including more than 70 hotels and cultural tourism projects. Although these assets were not sold at the desired price in the market, the assets sold madeWandaWith a certain amount of financial support, and got through the difficulties at that time. This time,WandaThe dilemma is coming againWang JianlinOnce again, a similar strategy was adopted to solve the financial pressure through asset sales, and although it still faced many difficulties, it was still able to turn the crisis into an opportunity.
WandaIn response to the crisis, a variety of strategies have been adopted to promote the growth of the enterprise. First of all,WandaActively carry out technological innovation and digital transformation, and promote the transformation of enterprises from traditional real estate developers to comprehensive enterprises. Secondly,WandaInInvestmentsWe are looking to diversify into culture, sports and other fields, and expand our business to more areas to balance the risks. The adaptation and change of these strategies will help:WandaIn the face of difficulties, it has maintained a certain stability. Although it has encountered some challenges in recent years, it has maintained steady growth in the fields of commercial real estate, cultural tourism and network technology, showing its strong development potential.
WandaAs the largest commercial real estate company in China, its scale and influence in the market cannot be ignored. The size of the properties it owns and the worldCinemaThe number of screens is the world's leading. Such scale and influence make:WandaIn times of crisis, it can attract more capital attention. At the same time,WandaThe operation is stable and has a good reputation, so that the ...Investmentsare confident in its future development and are willing to continue to provide financial support. In addition,WandaIt also actively seeks cooperation, makes strategic adjustments after encountering crises, and reduces some high-quality assetsDebtBurden. China's ** support policy is also for the sameWandaHelp was provided to enable them to find a way out of their difficult situation.
Recently,Wandawith PAGInvestmentsThe group signed a new oneInvestmentsagreement, forWandaBrought a new oneInvestmentswithLiquidity。AlthoughWang JianlinIn this agreement lost 38%.Equitycontrol, but forWandaThis is a relatively good ending. WandaThe crisis has eased and hopes for a renewed surge have been rekindled.
Finally, congratulationsWandaDesperate for life, but also hopeWandaAble to continue to maintain steady development in the future. At the same time, we should also recognize,WandaSuccess does not only depend on bold decisions and capital support, but also requires the strength of the enterprise and the stability of market performance. This is also the majorInvestmentsThose who are willing to giveWandaReasons for support. HopefullyWandaWe can take this crisis as an opportunity to further improve our own operating system, improve the competitiveness of the company, and achieve sustainable development.