Dalian Wanda’s 8 Billion Yuan Equities Completely Frozen, Future Full of Variables

Recently, Dalian Wanda Group, owned by Wang Jianlin, had all of its 80 billion yuan (RMB, Renminbi) equity in Beijing Wanda Cultural Industry Group frozen. This year alone, Dalian Wanda Group has faced enforcement actions totaling over 6 billion yuan. To alleviate debt pressure, the group has undertaken a series of operations that have drawn ongoing attention. For the vast investors, Wanda’s future is filled with uncertainties.

According to China Fund News, Tianyancha data shows that recently, Beijing Wanda Cultural Industry Group added information on equity freezing, with Dalian Wanda Group as the shareholder, freezing equity amounting to 80 billion yuan. The freeze period is from March 18, 2025 to March 17, 2028, with the executing court being the Zhengzhou Intermediate People’s Court of Henan Province.

Information indicates that Beijing Wanda Cultural Industry Group was established in September 2012 with a registered capital of 8 billion yuan. Dalian Wanda Group holds a 100% stake in it, meaning that all its equity holdings have been frozen by the court.

In terms of business scope, Beijing Wanda Cultural Industry Group mainly engages in organizing cultural and artistic exchange activities (excluding performances), cultural industry project investment, investment management, and investment consulting.

This year, Dalian Wanda Group has seen multiple instances of equity freezing and enforcement actions against it.

Regarding equity freezing, apart from Beijing Wanda Cultural Industry Group, in February, Dalian Wanda Group’s 1.979 billion yuan equity in Dalian Wanda Commercial Management Group was frozen by the Haidian District Court of Beijing, while its 100 million yuan equity in Wanda Cultural Industry Co., Ltd. was frozen by the Hengqin Guangdong-Macau Deep Cooperation Zone Court.

As for enforcement actions, on February 25, Dalian Wanda Group faced enforcement of over 477.5 million yuan by the Shanghai Financial Court; on February 24, it was enforced 1.71 billion yuan by the Gansu Mining District Court; and on February 20, 1.72 billion yuan was executed by the Beijing Second Intermediate People’s Court.

Up to now, the total amount of enforcement actions against Dalian Wanda Group has exceeded 6.3 billion yuan. Additionally, since 2024, its frozen equity amount totals over 5 billion yuan.

These developments have once again brought attention to the financial situation of the mainland’s commercial real estate giant, as well as the pressure faced by its founder, Wang Jianlin.

Established in 1992, Dalian Wanda Group is controlled by Wang Jianlin and his private investment company, involved in commercial real estate investment, hotel construction, and cinema chains. Despite Wanda’s broad business layout in recent years, the latest data indicates that the company is facing severe financial challenges.

To alleviate the growing debt pressure, Wanda Group has been transitioning to a light-asset operation model over the past two years, actively “shedding” its assets.

Recently, Wang Jianlin cashed in over 2 billion yuan by selling the controlling rights of Wanda Film.

To alleviate debt pressure, Wanda has begun transitioning to a light-asset model, selling nearly 20 Wanda Plaza projects in the past two years. In the first month of 2025 alone, Wanda has sold 5 Wanda Plazas.

Furthermore, Dalian Wanda Group has also cashed in through reductions. According to an announcement from Wanda Film, Dalian Wanda Group’s Shenxian Rongzhi reduced its company shares by 6.932 million shares on March 11; from March 12 to March 18, it further reduced its shares by a total of 18.1857 million shares. Based on the interval average price, the total cashed amount exceeded 300 million yuan.

This series of changes has sparked continuous attention, and for the vast consumers and investors, Wanda’s future is still rife with uncertainties.