上海万达小贷70%股权将被拍卖，王健林的“万达网络金融”IPO梦碎

Core Viewpoint - The Shanghai Second Intermediate People's Court announced the judicial auction of 70% equity held by Dalian Wanda Group in Shanghai Wanda Microfinance Co., with an assessed value of 731 million yuan and a starting price of 512 million yuan, scheduled for January 29 to February 1, 2026 [1][8]. Group 1: Auction Details - The auction is a result of Wanda Group's previous debt disputes, with over 1.2 billion yuan in forced executions against the company [2][8]. - As of now, Wanda Group has 12 execution records with a total amount exceeding 8.1 billion yuan, alongside multiple equity freeze records [2][3]. Group 2: Company Background - Shanghai Wanda Microfinance, established in 2016, is part of Wanda Group's financial sector, primarily engaged in micro-lending [3]. - The main shareholders of Shanghai Wanda Microfinance include Wanda Group (80%), Shanghai Wanda Network Financial Services Co. (12.86%), and Dalian Wanda Commercial Management Group (7.14%), with Wang Jianlin holding a controlling stake of 89.99% [3]. Group 3: Financial Context - The auction of Shanghai Wanda Microfinance's equity is seen as a critical move for Wanda Group to alleviate debt pressure and expedite the resolution of judicial cases, potentially altering the control structure of the company and impacting its future business and synergy within the Wanda ecosystem [8]. - The company has been involved in asset disposals, with over 80 Wanda Plazas sold between 2023 and 2025, and has utilized various methods such as equity pledges and internal restructuring to raise funds [7][8].