He once said that Wanda became a multinational and would retire on its own. Now look, after this difficult year, his retirement days to be postponed.

【AI Financial Agency】

Text | Li Shi Yun editor | Jin He

1

Wang Jianlin have seen all the storms, the face of "Beast" article, this time not calm down. He had speculated for six months outside and said he was "an accident" and was "restricted from leaving the country." However, at the center of the whirlpool, he initially said maliciously to spread rumors. Later, he just sent a press release and Lulu took a photo to explain that he was fine.

Some people say that when his political and business relations have deteriorated, he has kept publishing pictures of himself and various political leaders. Some people say that he was intercepted and detained by a private jet and he soon released a photo of himself in Hong Kong to prove himself free to go in and out.

On July 19, Wang Jianlin sold his Wanda Group's hotel assets at a low price, and claimed that it would "make Disney irremovable for 20 years." Sun Hongbin admire him resolutely, know the strong man off the wrist, said Pharaoh is a successful entrepreneur.

Sun Hongbin, after all, Sun Hongbin. Not everyone has the ability to enjoy Pharaoh, or is anyone looking forward to seeing him Waterloo.

Wanda 29 years, Wang Jianlin has always been one of the best, pay attention to "absolute obedience", we have become accustomed to. In the face of reputation damage, he often sued, "the first time reported that", which have been such grievances.

The face of wave after wave of rumors in the second half, familiar with Pharaoh's style of people know that he really is very tolerant. Even "eat chicken" Wang Sicong, microblogging do not speak, father and son bent. When "Wang Sicong disappeared a hundred days," came out and said he "made a very serious mistake," he did not respond. Really.

Wang Sicong and his mother Lin Ning. @ Visual China

But this time is different. Some people say that he has blocked "the Belt and Road" and has already been Waterloo.

Wang Jianlin is really anxious. Wanda's response, eight refutation, rhetorical questions and sentences, can feel the anger behind the text: "Please author come up with Wanda 1 trillion assets shrink most of the evidence?" "The world can find the second So fast-growing business? 230 Wanda Plaza have turned a blind eye? "" The wheel of a real estate it? Really deserve it! "" Said Wanda's money is borrowed from the bank to have a healthy living ? "" Is not this a proof of Wanda cohesion? "......

Sentence force, this is the restoration of Pharaoh's character. Or ambitious to open up overseas investment in 2012, the outside world some people say "being implicated by someone, chairman Wang Jianlin was restricted from leaving the country," Wanda also issued a similar "solemn declaration":

Wanda Group has always adhered to strict law-abiding practices for more than 20 years and has systematically prevented bribery.Wanda has thousands of officials at all levels who deal with it during its development, among which a few officials were investigated for corruption. However, There has never been a single person involved in Wanda. "

Light and useless, there are photos as evidence - Wang Jianlin attended the national non-public enterprises in the construction work conference, into the Central Organization Department seminar party construction work experience, won the 2011 annual "China Charity Award", to accept the Central Leaders met to go abroad to participate in business Activities to prove that good.

To be the richest man really is not easy.

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In early 2017, Wang Jianlin had also sing a song.

January Wanda annual meeting, his side accompanied by beautiful dancers, the audience suit and wear, wearing a badge Wanda employees sit in a circle crazy take pictures, Wang Jianlin swing body, full of confidence, with a head voice like singing: "knowing After the glory is bleak, still looking forward to everything from scratch, since we once owned. "

The chairman was still full of confidence at that time, but also singled out brilliant and dull dialectics. As early as 2016, when Oxford University unpacked Wanda International, he talked about the crisis and moved the ancestors of China out of danger. "Lao Tzu's dialectical thought, this is a very good word."

Now look, this is a good summary. He had just talked about the small target a few months ago when this song was sung. He also said that to solve the capitalism of billions of dollars, but just finished talking, it seems to feel something, but also to close the collection: "can not say something mean, then it seems as if the words are too crazy."

During that time, Pharaoh is a bit crazy. When he met with the chairman of the Motion Picture Association of America, he asked if the need to bring a speech. Wang Jianlin said at the time. "Wanda has invested more than 10 billion U.S. dollars in the U.S., has more than 20,000 employees and does not do well. eat".

In 2017, Pharaoh was full of energy in the first half of the year. When interviewed by Lionel Barber in April, when talking about the acquisition of Dick Clarke's film business as a result of capital controls, Wang Jianlin said: "Actually, we can completely finance ourselves overseas. We just do not want to be one. Unruly company. "

As of June this year, his Wanda Group's total assets of 8826 small target revenue in the first half of 2017 134.85 billion. He owns 231 Wanda Plaza, and is exerting its influence on internationalization in response to Chinese enterprises going global. Pride.

At that time, Wang Jianlin, or the richest man in China, stood at the pinnacle of life and was full of confidence in the road. He once summed up the secret: "Close to the government, away from politics."

This is what Harvard said. When Wanda started internationalization, it was still 2012. Wanda said: "We are determined to become a world-class multinational corporation within a decade and win glory for China's private enterprises." Multinational development is facing a ruthless competition in the market and it will not work by its relationship. We believe that within ten years we will certainly see a world- Wanda. "

The acquisition of the Spanish mansion and the Atletico Madrid club are seen as an important symbol of the internationalization of Wanda. @ Visual China

The middle sentence is accurate. And the politicians jokingly angry Pharaoh, without ten years, five years to see a clue. This is reminiscent of "Ten million" Pharaoh to engage in e-commerce, but also heroic cloud.

By June, everything changed. As China copes with the gray rhinoceros, spearhead at Wanda, the situation can be said to go straight.

Ten years ago, Bear Stearns, the fifth-largest investment banker on Wall Street, announced the bankruptcy of its two subprime-backed funds as the prelude to the subprime mortgage crisis. Michelle Ewok therefore wrote the Gray Rhinoceros saying that the financial turmoil was the result of numerous gray rhinos converging, "that the risks of extreme probability and impact are to some extent foreseeable."

Ten years later, the word "gray rhinoceros" appeared on the front page of the People's Daily. It was a commentary on the national financial work conference, referring to the prevention of the "gray rhinoceros" in China when it comes to guarding against financial risks.

China Banking Regulatory Commission asked the banking system to troubleshoot Wanda, Renaissance, Hainan Airlines and other overseas mergers and acquisitions star credit and risk, Wanda sync plunged, suffered double bonds and shares, Wang Jianlin assets have shrunk dramatically.

When overseas investment has not been associated with financial risks, Pharaoh, who stands at the top, cites the 2015 letter of resignation from the cattle, saying: "The world is so big that I want to see." He borrowed this phrase to say Wanda, "the world is so big, I want to break through."

However, Wang Jianlin, who once said that he has made money and wants to spend money, has now started to say "actively respond to the national call and put major investments on the domestic market."

Wang Jianlin know advance and retreat, and very determined.

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The signing ceremony for the day of July 19 was delayed by one hour. Signed Taiwan background board from three parties replaced by two parties, again replaced by three parties, some people said the boss had a fierce argument, but also fell the cup.

The rumor came out again. Pharaoh had to explain: "nothing, delay is actually waiting for a print contract to sign."

That interview, Pharaoh looks very calm. Hundreds of billions of gas in one breath to get rid of the business: "Wanda is the apparent sale of assets to reduce debt, in fact, Wanda just sold the sale, leaving the stay." Look, the richest man is still very calm.

After the completion of the tripartite transactions, Wang Jianlin, Sun Hongbin, Li Si Lian celebrate drinking. @ Visual China

After the completion of the tripartite transactions, Wang Jianlin, Sun Hongbin, Li Si Lian celebrate drinking. @ Visual China

Pharaoh's resolute, "Gordian knot", in the face of the crisis again. Debt risk, Wang Jianlin is not without warning, as early as two years ago, he began a real estate business asset-light as the goal of the fourth Wanda restructuring.

In 2015, Wang Jianlin put forward a new slogan: "I hope to get rid of" real estate "in three to five years and turn it into a commercial development company or a commercial service company. He said Wanda is to reduce its real estate income by 50% by 2020.

Behind the transformation is that China's real estate industry has changed since its change. Three months ago, Wanda had an insider said that the real estate company IPO in A shares almost stagnant, and the transformation of light assets, you can not be included in the real estate section, to avoid policy risks.

In fact, to real estate is Wang Jianlin from 2006 onwards set the target. In 2006, Wanda explained before moving into the cultural tourism industry for the third time in its transformation that in 15 to 20 years, the process of urbanization in China will basically be completed and industrialization will basically be completed, and the scale of the real estate market will certainly come down.

Pharaoh did not think that his own estimate is still too conservative. Ten years later, the size of the real estate market has come down. Wanda re-use of heavy assets to enter the second and third tier cities of commercial real estate, too heavy, the risk is too large.

Policies, the current situation and the pressure of capital markets, so Wanda asset transformation must speed up.

We may have forgotten, Wang Jianlin things have always been decisive. Pharaoh favorite example to outsiders is that in 2003, when Pharaoh decided to transition to commercial real estate projects, Wanda developed Taiyuan Wanda Plaza in Shenyang, despite the sales of 610 million sales, but the buyer can not recruit business , So Wanda was brought to court. Having tried all kinds of marketing team investment failed, he realized that the building "there is a problem in the womb."

His solution is to repurchase the property at a rate of return of 15% per annum per annum and then demolish it. "What Haier smashed the refrigerator, we smashed 350 stores, losing more than 1 billion." Wang Jianlin said. Almost every time he is interviewed, he will refer to this case as "not only unprecedented but also beyond".

Wanda at that time was unprecedented, standing in the forefront of the times and markets. But today, Wanda has taken a new path of dependence, commercial real estate is still the foundation of the empire. Nowadays, it is no wonder that outsiders will sing bad Wanda all the time, "Wanda is bound to go downhill." "Wanda is a passive transition and a passive transition is unsuccessful."

Today, Wang Jianlin finally determined to take the initiative to cut off the wrist, but "animal husbandry," but do not know the Pharaoh, but also scold him, saying he was "not smart enough, even finally understand." And then said that the best birds to vote Lin, two Wanda executives left for many years.

This time, Wang Jianlin seems to be angry, in response to policy, how to be said to "almost lost the entire Wanda?" Once the richest man, angry is terrible.

4

Wanda named to be "held accountable" another time.

That is 2015, Wang Jianlin is still at the pinnacle of life, WeChat public number "top entrepreneurial thinking," made an article, he felt his spirit has been harmed, sued it. The verdict can be found online in China's referee documents: The defendant was sentenced to pay Wang Jianlin, the plaintiff, for a fee of 60,000 yuan and a notarization fee of 15,000 yuan.

At that time, he was still the richest man. Now, the position of richest man has long been surpassed. Xu Jiayin, who likes football, has been replaced. Can anyone comfort him?

Like Xu Jiayin, Wang Jianlin is also a football lover, but also the earliest wave of domestic football that Regal, the photo shows Wang Jianlin and Football Association President Cai Zhenhua joked. @ Visual China

The face of rude reputation of outsiders, "sandy projective", Wang Jianlin still did not see through. He said that it was thoroughly transparent: the sense of crisis after the enterprise started its work first came from the traditional Chinese culture. Therefore, "be able to stand the criticism, stand the test."

However, some people are so transparent. Wang Jianlin ambitious, to fight Wanda into an international company. His latest appearance was on December 15, when he met with Charles R. Refinking, chief executive of the Motion Picture Association of America and Mike Ellis, president and managing director of the Asia Pacific Region of the Motion Picture Association.

Wang Jianlin still look like, thick eyebrows, bright eyes, suit straight, tie meticulous, it seems dry and energetic. He once said that Wanda has become a "multinational" company that retires on its own and "only retired."

Now look, after this year, his retirement days to be postponed. Near the end of the year, including Wanda, including domestic and foreign high-leveraged expansion of enterprises, had to find money to bustle. In the recent six months, Wanda has also been seeking to issue bonds overseas, but it has so far failed to issue it.

Experienced captains know that when the wheel suddenly turns its course, any unexpected wave can destroy everything. Therefore, the captain has the taboo of the captain. At this time, whoever contravened the taboo, in the eyes of the captain, is undoubtedly a declaration of war.

Wanda claimed that it has decided to report to the company's public security department criminal responsibility of the author, "I believe the law will be a Wanda innocence." Insiders said that this decision, it is Wang Jianlin own meaning.

Just do not know, after anger, Wang Jianlin insecurity in the end disappeared no.

[Editor: Liu Kekun PX060]