Dalian Wanda has 8 billion yuan frozen

There is new news about Dalian Wanda Group, owned by Wang Jianlin!

According to information disclosed by Tianyancha, Beijing Wanda Cultural Industry Group Co., Ltd. has added one new equity freeze information. The person subject to execution is the company's shareholder Dalian Wanda Group Co., Ltd. The amount of frozen equity is 8 billion yuan. The freezing period is from March 18, 2025 to March 17, 2028. The executing court is the Intermediate People's Court of Zhengzhou City, Henan Province.

Data shows that Dalian Wanda Group Co., Ltd.'s subscribed capital contribution to Beijing Wanda Cultural Industry Group is 8 billion yuan, and this time all of its shares have been frozen.

Since the beginning of this year, Dalian Wanda Group has added a lot of information on equity freeze and persons subject to execution.

In terms of equity freeze, in addition to the aforementioned Beijing Wanda Cultural Industries Group, in February, the 1.979 billion yuan equity of Dalian Wanda Commercial Management Group held by Dalian Wanda Group was frozen by the Haidian District People's Court of Beijing, and the 100 million yuan equity of Wanda Cultural Industries Co., Ltd. held by it was frozen by the Hengqin Guangdong-Macao Deep Cooperation Zone People's Court.

In terms of information on the persons subject to execution, on February 25, Dalian Wanda Group was executed for more than 47.75 million yuan by the Shanghai Financial Court; on February 24, it was executed for 1.71 billion yuan by the Gansu Mining District People's Court; on February 20, it was executed for 1.72 billion yuan by the Beijing Second Intermediate People's Court.

It is worth noting that in order to ease debt pressure, Wanda began to transform to a light asset model. In the past two years, it has sold nearly 20 Wanda Plaza projects in total. Among them, 5 Wanda Plazas have been sold in just over a month at the beginning of 2025.

In addition, Dalian Wanda Group also cashed out by reducing its holdings. According to an announcement released by Wanda Film, Shenxian Rongzhi, a subsidiary of Dalian Wanda Group, reduced its holdings of the company's shares by 6.932 million shares on March 11; from March 12 to March 18, it reduced its holdings of the company's shares by a total of 18.1857 million shares; if calculated based on the average price of the range, the total cash out amount exceeded 300 million yuan.

Baoneng Group needs to repay Shanghai Bank 2.58 billion yuan

Recently, Shanghai Bank issued an announcement on the progress of the litigation regarding the financial loan contract dispute between the bank and Yao Zhenhua and other entities.

The announcement showed that the Shenzhen Intermediate People's Court ruled in the first instance that Shenzhen Tojis Technology Co., Ltd. should repay the loan principal of 2.58 billion yuan and the corresponding interest, penalty interest, compound interest, etc. to Shanghai Bank.

At the same time, Shenzhen Shenye Logistics Group Co., Ltd., Togis Group Co., Ltd., Shenzhen Baoneng Investment Group Co., Ltd., Baoneng Holdings (China) Co., Ltd. and Yao Zhenhua assume joint and several liability for the above debts to Shanghai Bank. According to the bank's relevant announcement in October 2023, Shanghai Bank has made corresponding loan loss provisions for this loan.

Going back further, in February, Yao Zhenhua had a new person subject to execution information, with the execution target of 3.67 billion yuan, and the execution court was the Beijing Financial Court. At that time, this was the largest case to be executed since the beginning of 2025.

In addition to the above cases, on January 3, January 22, February 10 and February 11 this year, Yao Zhenhua was respectively executed by the Foshan Shunde District Court, Guangzhou Intermediate Court, Nanchang Intermediate Court and Shenzhen Futian District Court, with the execution amounts being 204 million yuan, 347 million yuan, 564 million yuan and 2.35 million yuan respectively.

The risk information from Qichacha shows that there are multiple information on persons subject to execution, consumption restriction orders and finalized cases under Yao Zhenhua's name. As a person subject to execution, the total amount of execution imposed on Yao Zhenhua has reached 44.4 billion yuan.