What is hidden behind Wanda's frequent financing?

Lao Wang may be a little short of money recently. At the beginning of the year, it was said that 25 Wanda Cities would be opened, and it was sold seven months later 13. Do you buy it in buy buy? Became? Sell? Fast enough, hard enough and accurate enough.

After 65.438+0.906 billion yuan was sold to 77 city hotels of R&F property Wanda, and 43.844 billion yuan was sold to 96.5438+0% equity of three cultural tourism projects in Sun Hongbin/KLOC-0, and 63.75 billion yuan was recovered, now Lao Wang has started to resell equity assets, which is too hard.

Most of this century has been formed in this way. Wanda sold all the high-quality assets this time, and the selling price was also cheap? Break the cost? . There are even netizens? The brain is wide open? Frankly speaking, this is a big game of Wanda's return to A shares.

Lao Wang, what's the situation? Aren't Wanda Finance and China UnionPay partners? China UnionPay has not only become a shareholder of Wanda Finance, but also a shareholder of Wanda Network Technology. If the listing is successful, it should be a good thing to get rich with UnionPay.

Besides, Lao Wang is not stupid. He bought many American and European companies with RMB liabilities, and now he sells RMB assets to pay off his debts. He is a master of capital operation, and people who don't know the truth just pass by? In short, Lao Wang is not stupid, unless he has to, abandon the car and keep handsome!

A person familiar with the Wanda system analyzed that Wanda Finance sold some shares to UnionPay, which may be the preparation for Wanda Finance to seek listing, or it may be to reduce debt.

An economist said: Generally speaking, there are many cases in which companies reduce their capital. One of them is ordered by the relevant administrative authorities to reduce the registered capital, which means that the capital can only be reduced after industrial and commercial and tax audits.

Capital reduction can pay off accumulated debts in one lump sum, or make up accumulated losses in combination with dividend increase. There are other situations: capital surplus; The registered capital of the company is overdue and still not in place; The company's false statement, false statement, and withdrawal of registered capital cannot be corrected after being punished.

In June this year, the China Banking Regulatory Commission asked banks to investigate Wanda's credit and debt financing risks, and some people deduced the first possibility for Wanda's capital reduction. It is a myth that the rich in China don't investigate, and investigation is a joke!

Don't think too much, take a long view. Light assets? Is the highest realm that Wanda pursues, because? Light assets? Leave only valuable things, not too much? Miscellaneous? The burden of expanding business in the future is fast and big, and reducing business can quickly get away with it.

Wanda has reached a certain scale, and Lao Wang has long realized that some businesses with high cost, low income or long time to recover funds are likely to hinder the capital flow of enterprises and even affect the solvency of enterprises, so he decided to give up some of them? Burden? Business.

So in July 2009 19, Wanda, Sunac and R&F signed a strategic cooperation agreement. In this matter, Wang Jianlin is rational. Of course, Sunac and R&F are not stupid, because they not only bought Wanda's assets at a low price, but also Sun Hongbin and Li Silian are good businessmen.

However, the lack of money at hand is certain. Without comparison, there will be no harm. Last year, Wanda's profits in Vivanco and Evergrande were not less than a fraction of one star, and its return on equity was greatly surpassed by Vanke, Evergrande and Greenland.

As the top private enterprise in China, Wanda has been belittled by some people. I want to say that what Wanda has fallen is the entire market economy, tens of thousands of employees working in Wanda, and even you and me.

Because maybe your company is doing business with Wanda now. You know, Wanda lost, and it's not just Wang Jianlin who failed.