If you sum up Wang Jianlin's 2023 in one word, I think "difficult" should be the most appropriate.
In the past year, the former richest man not only experienced the thrilling moment of the failure of the listing and the imminent entry into force of the VAM agreement, but also disbanded the football team and took the stake in Wanda Films.
In addition, Wanda's core asset, Wanda Plaza, has also been put on the shelves by Lao Wang, and in the last few days of 2023, news that Wanda Plaza has been ** has been reported.
Even Wanda's annual meeting, which once exploded on the Internet, was only briefly announced on Wanda's official website and then disappeared.
For Wang Jianlin, the bad 2023 has finally passed, and in the next 2024, can he and Wanda recover?
In October last year, Hurun's domestic 100 richest list was released, and the ranking of Wang Jianlin's family fell from 32nd in 2022 all the way to 89th.
Thinking that Lao Wang was the richest man in China, but now he almost fell out of the top 100, and Wang Jianlin's net worth has shrunk from 100 billion yuan in 2022 to 47 billion yuan.
After calculating that Wang Jianlin's net worth evaporated more than 500 small goals last year, and he lost more than 100 million yuan a day, the speed of this wealth loss can almost be described as "tragic".
Behind the rapid loss of Lao Wang's wealth is the result of the dominoes of the real estate downturn pressing on Wanda.
Wanda's own real estate business has become a headache for Wang Jianlin, as of mid-January, Wanda Real Estate Group has 13 pieces of information on the person subject to execution, and the total amount of execution exceeds 24.5 billion yuan.
Wanda Commercial Management, as the leader of domestic commercial real estate, has naturally been affected by a lot of impact, in addition, the slowdown in consumption growth, the shift in economic growth, etc., have made Wanda Commercial Management's business gradually more difficult.
In addition, the drama of the "countdown" to Wanda's listing last year did not come to an end until the end of the year.
Although Lao Wang and Wanda Commercial Management finally successfully landed, the Hong Kong Stock Exchange's rejection of Wanda's listing application for the fourth time still cast a shadow on Wanda's future.
Because Wanda's current assets are 108 billion yuan, and current liabilities have reached 109.5 billion yuan.
Wanda's liquid asset structure also has certain problems, such as its monetary funds of 1326.9 billion yuan, trading financial assets of 43.4 billion yuan, and other current assets of 242 percent8.2 billion yuan, the total of the three items is only 809500 million yuan.
However, Wanda's one-year short-term debt is as high as 64.6 billion yuan, which is a huge pressure on Wanda, so Lao Wang and Wanda still need to expand financing channels through listing.
Otherwise, even if you pass the gambling level, the future will still be difficult.
In the past few years, many developers have faced huge debts, some choose to lie flat, and some choose various methods to transfer property, how did Wang Jianlin do it?
In 2023, Wang Jianlin will be extremely busy in the midst of difficulties, and there will be 35 reports on Wanda's official website with Wang Jianlin as the title, which is double that of 2022.
These reports are all the contents of Wang Jianlin's inspection of projects, negotiation of cooperation, etc., and there are also Lao Wang's cooperation with others to sign a number of cooperation projects based on cultural tourism.
Just a week after the Spring Festival of the Year of the Rabbit in 2023, Wang Jianlin went to Jinhai Lake in Beijing to investigate, and then traveled from Luoyang in Henan to Guiyang in Guizhou, walking most of China in less than a month.
This fast-paced way of working seems to let everyone see Wang Jianlin again, who used to be "two countries and three cities in one day".
You must know that Lao Wang is about to be 70 years old at this time, and most of his peers have already begun to recuperate, but Wang Jianlin is still fighting as before, in order to find a better road for Wanda, and the road that Lao Wang sees is cultural tourism.
With the end of the epidemic in 2023, the recovery momentum of the domestic tourism industry is very rapid, and Wang Jianlin's active campaign is also aimed at this wave of tourism recovery.
After all, Wanda has rich experience in cultural tourism, and if you grasp the opportunity in this stall, you will definitely be able to make a lot of money, so Wang Jianlin would rather run around in his old age.
It can be seen that in the face of debt pressure, Lao Wang did not lie flat or transfer property, but tried every possible way to deal with it positively, which is stronger than most developer bosses.
Some people commented that Wang Jianlin is one of the few businessmen in China with a strong sense of responsibility, and this evaluation seems to me to be very pertinent.
According to Tianyancha's information, on January 16, 2024, Dalian Wanda's new wholly-owned subsidiary, Dalian Xindameng Commercial Management Co., Ltd., has a registered capital of 16.2 billion yuan, which is more than twice that of Zhuhai Wanda Commercial Management.
Zhuhai Wanda Commercial Management is a company that Wang Jianlin wanted to list on the Hong Kong Stock Exchange.
The business scope of Wanda's newly established Xinda Alliance company is basically the same as that of Zhuhai Wanda Commercial Management, and the management is basically Wanda's "old man".
This can't help but arouse speculation from the outside world, what is the meaning of Wang Jianlin's "starting anew"?
The answer is likely to be in the name of the company, and the "alliance" of this "Xinda Alliance" seems to be ** in PAG Investment.
PAG Investment Group is the partner with the largest investment proportion in Wanda's previous VAM agreement.
There is also news that Sundameng is a new company established by Wang Jianlin in order to cooperate with PAG, and the two will jointly promote the listing of Wanda Commercial Management through Sundameng.
It is worth noting that at present, more than 500 large commercial centers under Wanda are all under the name of Zhuhai Wanda Commercial Management.
If Wang Jianlin and PAG plan to re-list with Sundar Alliance, they will definitely complete the corresponding transactions and conversions as soon as possible in the next year, so that they can strive for the opportunity to re-list as soon as possible.
Therefore, Wang Jianlin, who is 70 years old this year, is likely to be idle, and a series of complex capital operations must be run smoothly by having Lao Wang in charge.