王健林被“限高”又取消 商业大佬如何面对人生低谷

Core Insights - Wang Jianlin, due to a 186 million yuan enforcement case related to Wanda's cultural tourism project, was issued a high consumption restriction order, which was later rescinded, highlighting the challenges faced by the real estate industry in China [1] - The rapid expansion model characterized by "high leverage, high turnover, and high returns" is becoming obsolete, as evidenced by Wanda Group's current enforcement cases totaling 5.262 billion yuan and over 70 billion yuan in total enforcement amounts across its subsidiaries [1][2] - Wang Jianlin's strategy of asset sales reflects a significant shift in the company's focus from diversification to a streamlined model centered on commercial management and cultural tourism [2] Company Actions - Since the beginning of 2023, Wanda has sold over 85 Wanda Plazas, including a significant sale of 48 plazas to a consortium of institutions in May 2025 [2] - Wang Jianlin has divested from various overseas assets, including stakes in Legendary Entertainment and a yacht company, indicating a strategic retreat from high-risk investments [2] - The company has not applied for debt restructuring, opting instead for asset sales to maintain creditworthiness, which has concentrated pressure on achieving quick and profitable sales [2][3] Industry Context - Wang Jianlin is recognized as an early adopter of the shift from heavy asset investment to a lighter asset model, aiming to reduce operational risks and restructure the business model [2] - The ongoing debt repayment journey of Wang Jianlin is seen as a reflection of the broader industry challenges, where even prominent figures must navigate significant pressures [3][4] - The resilience demonstrated by Wang Jianlin in seeking new investment opportunities amidst industry downturns is noted as a testament to entrepreneurial spirit and commitment [3][4]