鹰觅眼｜王健林到了最难的时候

Group 1 - Wanda Group is facing a significant crisis, with discussions about its financial troubles intensifying as its IPO plans seem increasingly unlikely [2][3] - The company has begun selling off its core assets, including over 400 Wanda Plazas, with more than 40 already sold and 48 more set for bulk sale [2][3] - The management of the Beijing Huanju Commercial, associated with Wang Sicong, has changed hands, with He Youjun now taking over the project previously linked to Wang Sicong [3][4] Group 2 - Wang Sicong has established himself as a prominent figure in various industries, including entertainment and e-commerce, while remaining largely independent from the Wanda Group [4][5] - The newly formed Beijing Huanju Commercial claims to manage assets exceeding 6 billion yuan and has over 70 projects, despite being only four months old [7][8] - The Taian project, now under Beijing Huanju Commercial, is positioned as a high-quality tourism destination, contrasting with previous Wanda projects that often focused on real estate sales [12][13] Group 3 - Wanda Commercial Management's financial situation is precarious, with a reported debt of 156.7 billion yuan and cash reserves of only 15.1 billion yuan, leading to a cash short-term debt ratio of 0.3 [14][15] - The company is under pressure to sell its assets to alleviate financial burdens, with ongoing discussions about the sale of its Wanda Plazas [15][16] - Wang Jianlin, the founder of Wanda, is personally affected by the financial strain, with significant equity frozen across his core enterprises [16][17]