Core Viewpoint - Vanke has responded to inquiries regarding its lawsuit against Wanda, stating that it has legally frozen Wanda's equity assets, but the uncertainty remains regarding the ability to liquidate these assets through auction. The company asserts that this lawsuit will not have a significant impact on its financial performance [3][5]. Group 1: Lawsuit Background - The lawsuit between Vanke and Wanda originates from their collaboration on the Changchun International Film City project in 2019, where Wanda planned to invest 20 billion yuan in a cultural tourism and residential project, with Vanke responsible for the residential segment [6]. - Vanke became a 15% shareholder in the project company through a capital increase and paid a total of 5 billion yuan to Wanda's subsidiary between September 2019 and June 2020 [6]. Group 2: Dispute Development - The cooperation between Vanke and Wanda faced challenges, leading Vanke to terminate the partnership in June 2021. Although Wanda returned 5.24 billion yuan to Vanke, disputes arose regarding the settlement of investment funds, resulting in financial conflicts [7]. - In June 2023, Vanke applied to freeze approximately 1.979 billion yuan of Wanda's equity, with the freeze set to last until June 4, 2026. Wanda claimed that the frozen amount significantly exceeded the financial dispute amount of over 1 billion yuan [7].
万科回应起诉万达案进展:已查封冻结万达股权资产,法拍变现存不确定性