Core Viewpoint - The court has scheduled a hearing for a contract dispute involving Hainan Wanjun Management Service Co., Ltd. against Dalian Wanda Group Co., Ltd., Wanda Real Estate Group Co., Ltd., and Wang Jianlin, set for November 3 at the Shanghai Second Intermediate People's Court [1][2]. Group 1: Legal Proceedings - Hainan Wanjun Management Service Co., Ltd. is the plaintiff in the case against Dalian Wanda Group and its subsidiaries [2]. - The case is registered under civil first instance number (2025) Hu 02 Min Chu 37 [2]. - The hearing will take place in courtroom C303 at 9:30 AM [2]. Group 2: Financial Constraints and Asset Sales - Wang Jianlin has been under restrictions for high consumption since September 26, 2025, due to financial difficulties faced by Dalian Wanda Group [4][5]. - To alleviate financial pressure, Wang Jianlin has initiated a strategy of asset sales since 2023, including significant stakes in Wanda's commercial management and hotel management sectors [7][9]. - Wanda Group has sold over 30 projects since early 2023, with a notable acceleration in sales, including 7 Wanda Plazas sold at the beginning of the year [11]. Group 3: Asset Management and Holdings - As of the end of 2024, Wanda Group operates 513 Wanda Plazas, with a total commercial operational area of 70.9 million square meters [10]. - The company has reduced its stake in Wanda Commercial Management to 40% after a significant investment from a consortium led by TPG and CITIC Capital [7]. - Wang Jianlin's wealth has significantly decreased from 140.84 billion yuan to 58.81 billion yuan within a year, dropping his ranking from 9th to 51st on the New Fortune 500 list [15].
王健林被起诉!身家一年缩水820亿元
Mei Ri Jing Ji Xin Wen·2025-10-16 06:17