For example, on April 1 1, Chairman Wang Jianlin attended and delivered a speech at the Gansu Provincial and Gansu Merchants Conference; On April 12, Chairman Wang Jianlin met with Secretary of Tianshui Municipal Party Committee Wang Rui; From this point of view, after 400 billion debts and "selling and selling" debts, Wang Jianlin's determination to the road of Wanda Group's transformation is also very great. Therefore, the future of Wanda can still be expected.
From 65438 to 0988, Wang Jianlin founded Wanda's predecessor "Xigang District Housing Development Company" in Dalian. The first goal he set for himself was to earn 100 million yuan first, and Wang Jianlin was also very lucky. In the second year after setting the goal, he ushered in a project that earned him nearly 10 million yuan-the renovation of the old city of Beijing Street in Dalian. It is this project that Wang Jianlin also found his own business model, that is, the transformation of the old city. Since then, Wang Jianlin has done this for ten years.
In 2000, during the period of rapid economic development in China, he was dissatisfied with the status quo. In order to make employees and enterprises live better, he felt it necessary to change the status quo. Finally, the prototype of Wanda was born and he also developed a new model. Since then, after Wang Jianlin's vigorous expansion, Wanda has gone to the broad road. In 20 16, Wang Jianlin's family became the richest man in China with170 billion yuan.
Previously, Wanda Group officially announced that 20 19 Wanda would no longer develop real estate. Why?
In fact, it is not a year or two since Wanda decided not to do real estate. According to statistics, before 2065438+August 2007, Wang Jianlin's wealth exceeded 21691600 million yuan, and Wanda's total assets reached 800 billion yuan, or even higher. This excellent situation only lasted until the second half of 20 17. Because of the loss of the Malaysian subway project, Wang Jianlin had to sell his industry at a low price, which also caused losses on Wanda's books. Wang Jianlin also publicly stated that his Wanda was responsible for 400 billion yuan. After Wanda's "sell, sell, sell" situation, Wanda Group's foreign debt is at least 200 billion. So sell Wanda's real estate projects, reduce the debt ratio and repay the arrears.
Since then, Wanda Group has begun to re-layout the future. Enterprises began to gradually invest in culture, sports and other industries, and gradually shifted their inward-looking business ideas to both internal and external training.
20 18 is the year when Chinese real estate enterprises began to focus on "de-real estate". Many enterprises have also started substantial transformation in corporate business, and many small and medium-sized real estate enterprises even stopped real estate development directly and turned to other fields. This is the inevitable process of the development of the real estate industry in China. Enterprises like Vanke must shout "live", and everything seems clear in the transformation of Wanda.
Wanda bid farewell to real estate Lao Liang thinks it is a very wise choice, and so far it has been proved that Wanda's choice is correct.
Say goodbye to real estate and let Wanda go into battle lightly.
Since 1993, Wanda has undergone four transformations. The first transformation was from Dalian to Guangzhou, from local enterprises to state enterprises; The second transformation, that is, in 2000, Wanda turned from residential real estate to commercial real estate; In the third transformation, Wanda turned from a single real estate to a comprehensive enterprise of commercial real estate and cultural tourism, and now it has reached 2006; The fourth transformation is the strategic transformation of light assets that began on 20 15. This transformation is essentially different from the past, because this transformation is to leave the real estate industry completely.
20 17 and 20 18 Many people know that Wanda has been selling, so Wanda's debt of more than 400 billion yuan has also attracted everyone's attention. If you look at the four transformations of Wanda above, I believe everyone will not be so surprised and have to admire Lao Wang's foresight. The selling we saw on 20 17 should have been planned by Lao Wang on 20 15. Although some projects, such as cultural tourism, really give up their love, it is inevitable that the ship will lose some money when it turns around, and the most important thing is to succeed.
While selling, Wanda has been developing its core assets, delivering 30 wanda plaza every year from 20 17. Time has come to 2065438+May 2009. In just a few months, Wanda announced that it has invested more than 200 billion yuan, indicating that Wanda has set off light!
Wanda invested 80 billion yuan in Shenyang, including 5 in wanda plaza, but the essence is different.
At the beginning of May, the news that Wanda invested 80 billion yuan in Shenyang was once screened, especially in the real estate circle, and many people felt that house prices were coming again.
Let's take wanda plaza as an example. In fact, this investment is definitely different from before. In the past, Wanda took land, Wanda designed, Wanda built and Wanda operated. This time it must be Wanda's operation, funded by a third party, designed by Wanda and operated by Wanda. This is in line with Wanda's light asset strategy. Now Wanda can completely rely on this brand to expand, without going it alone.
Wanda bid farewell to real estate because Wanda established its own brand. In this era of relying on brands to eat, in this era of win-win cooperation, who will invest heavily alone?
Wang Jianlin of Wanda gave up real estate for multiple reasons:
1. Background: China has experienced decades of rapid development and huge urbanization demographic dividend, making the real estate industry a hot potato for decades. However, any economic development has its inevitable laws. When production expands to a certain extent, it will expand into overcapacity, and then the labor income of workers will not increase significantly. Commodities in the same economic circle of the real estate industry are only endowed with financial attributes. Coupled with China's land and household registration system, this effect has been amplified, but now, obviously, the golden age of China real estate is no longer, which is obvious, so it is reasonable for bosses to change careers.
2. Financing is difficult. How to play Wanda? I believe that the routines that everyone knows, such as bank loan development and credit endorsement of large enterprises, are all played like this. Wanda naturally surpasses, but if this game wants to continue, it needs to meet multiple conditions and house prices will continue to rise; The state also allows real estate to play like this; The credit endorsement ability of housing enterprises is still there; Residents can still afford to buy houses; Of course, there are many problems. Wanda's backer fell. For such a large real estate enterprise, the relationship between government and business is not handled well, and bank financing is difficult. Moreover, the wind direction of the most important countries has changed, and the financing of the whole industry has tightened. Once the funds are limited, this game will not work. Therefore, it is common to sell projects and companies. Just stay alive. In the first half of this year, more than 270 real estate enterprises went bankrupt.
3. Strategic transformation of the company. Wanda's pace is a bit big, with one project after another, and its business scope covers investment, film and television, sports, cultural tourism, hotels, real estate, property management, business centers, and some piecemeal investments. Many large-scale projects have been arranged overseas and even acquired at a high premium. As a wise man, Wang Jianlin will also see what will happen, and transformation is necessary, otherwise the capital chain will be broken.
4. Wang Jianlin's personal reasons, the entrepreneur who shouted to earn 100 million yuan first, look at his unrestrained son. Ma Yun's father and his family are going to resign from Alibaba Group and go home to be teachers. If Wang Jianlin has self-knowledge, live quickly. Are you still talking about the richest man at this time?
Wanda Group bid farewell to real estate, which I think is the transformation strategy of the enterprise.
Wanda, who has been engaged in real estate for more than 30 years, has built its own real estate kingdom all over the country. Now that slimming has withdrawn, it also reflects Wanda's judgment and expectation of real estate in the next few years.
First, release the liquidity of assets.
As we all know, the real estate industry is asset-oriented, but asset liquidity is the vitality of enterprises. This reform can be said to release the liquidity of enterprises, enhance the vitality and flexibility of enterprises, and more importantly, greatly reduce the future business risks of enterprises.
From the practical point of view, at least 1000 billion assets have been released.
Second, the future profit point is no longer the real estate industry.
Although it is not clear whether the future real estate industry will continue to prosper or gradually decline. But two things are certain: first, the risks of the real estate industry have increased, mainly from market risks and policy risks. It can be seen that in the past two years, the central and local governments have frequently issued policy signals to restrict purchases, loans and sales. House prices in more and more cities have fallen, and the transaction volume has continued to fall; Second, the real estate industry has indeed completed a life cycle. The future profit points are in industries with high core values such as communication, artificial intelligence, Internet and biotechnology. These industries are light of assets, high added value, high threshold, high technology content, strong policy support and strong core competitiveness. If we spend the same price, we might as well get rid of the old and innovate and concentrate on doing great things.
Third, the real estate is not there, but the management is still there.
Wanda sold the hotel assets, but the management right of the hotel is still there. Wanda Hotel is still responsible for the design, operation and management of the hotel. Wanda Lv Wen is also responsible for the design, construction and management of theme parks. So overall, the impact on it is not as great as that of the outside world. Wanda quickly withdraws funds through pension services and property management, instead of buying land and selling houses. This is the so-called "de-real estate".
Just like the same person took off his thick cotton-padded jacket and put on short-sleeved shorts, just trying to run faster and farther.
(family fortune password: golden sickle)
As a financial worker, I think Wang Jianlin's announcement that Wanda bid farewell to real estate completely should be a true statement, and it also marks the real turn of Wanda's business strategy.
This shows that Wang Jianlin has grasped the pulse of the development of China's real estate industry. In Wang Jianlin's view, when the real estate industry in China broke out, the period of high profits was over, and now it has entered the era of low profits; Moreover, the competition between now and the future will be more intense, and it is not worthwhile to continue working in this field.
Moreover, with the end of urbanization and the slowdown of population urbanization, the demand and price increase of real estate in the future will drop significantly compared with the previous two decades.
Therefore, when real estate is at such an inflection point, it is actually a wise move for Mr. Wang Jianlin to announce that Wanda bid farewell to real estate, and it is also a new starting point for Wanda's future development.
At present, the overall trend of real estate is actually understood by everyone. A few years ago, the crazy buying brought a huge bubble in the whole industry. At present, the price has reached a peak, and it is difficult for more takers to take over in the future, even if it is not the highest, it is very close. There will be an irreversible decline after 5- 10, and it may fall sharply after 15-20 years.
The speculation of capital has always been rushing headlong when there is a big interest space, and it will leave in time at the peak, which is more real in the stock market. Similarly, enterprises should also consider this issue, especially the market situation after 5- 10 years. For the general trend of the real estate industry, Wang Jianlin's complete farewell to real estate planning can be described as bold and neat, worthy of being a retired soldier, with the courage and courage of a soldier. Although car insurance is a loss, but look at the embarrassment of picking up cheap R&F real estate now, we will know that people who love to take advantage of small things and suffer big losses can be called long-term projects.
Wanda's previous heavy assets caused too much debt, too much volume and too much operational investment, just like a luxury cruise ship sailing in a shallow bay, which may run aground at any time. But now, Wang Jianlin has got rid of his baggage and gone out to sea easily, and both his ability to resist risks and his market prospects in new fields are relatively strong. In recent years, Wanda has suffered many defeats and wars, which will be a short rest period for Wanda. Therefore, both Wang Jianlin and Wang Sicong look very low-key, and I believe Wanda will attract attention again in 3-5 years.
I am optimistic about Wang Jianlin's future and Wang Sicong. These two fathers and sons are serious businessmen, and Wang Jianlin is not exaggerating at all. Although Wang Sicong sometimes has a big mouth and is out of tune, he has a good world outlook and a strong sense of justice. I still hope they can have better development. I am also optimistic about my vision and ability in the shopping mall.
The government has repeatedly stressed that housing is not speculation! Local governments cannot regard real estate as a "stimulant" for economic growth, and government policies no longer support it.
Real estate loans are getting tighter and tighter, and many real estate companies will be very uncomfortable.
As soon as the property tax was levied, many vacant houses came out, the market supply increased and the price dropped.
Early transformation is a safe decision and the general trend.
Moreover, judging from the situation announced by Wanda, the transformation is still relatively successful. Lao Wang is still quite powerful.
The decline of real estate is the general trend, but it will not fall sharply. Real estate planning is there, and government regulations are there. Personally, bidding farewell to real estate is the right way for the next 30 years.
China's concept of real estate is so serious that it even affects the young people in 1999. Wang Jianlin group's de-real estate may go faster and lighter. Houses in China should not be scarce in 2028, because demolition will give families more real estate or start-up funds. At that time, I should not worry about the house.
Trump has gone to be a political president ... This is the top of real estate, which is impossible in China ... So it is the right thing to change careers ... By the way, real estate will cool down ... One more thing ... manufacturing will not rise, that is, it is necessary to scientifically study the rise, and the new generation needs to work hard here. In other words, the education system, not only schools, but also parents should have snacks. ...
Everyone does business. Business is the story of a big fish eat small fish and a small fish eating shrimp, so commercial services are also strictly regulated ... Whether buying things or producing things, the cost of counterfeiting is definitely high, otherwise the illegal cost is low, and everyone is lucky. When they return to society, the feedback is a comprehensive problem ... the mapping is an international problem ... that is, international competitiveness. ...
So … the final conclusion is to practice internal skills, be down-to-earth, and everyone has the spirit of craftsman, which is the positive energy of society …
Huaan Future Asset Management (Shanghai) Co., Ltd. (hereinafter referred to as State-owned Huaan) invested in the "Piaomiaomiao" platform of Hangzhou Fu Qian Network Technology Co., Ltd. (hereinafter referred to as the platform) for investment and financial management. At present, the platform has absconded with money and was investigated by Hangzhou police for "suspected fund-raising fraud".
On August 5, 20 18, the platform was suspected of defrauding more than 3,000 lenders and the total number of fraudulent users reached more than 360,000. The amount of suspected fraud is 4.94 billion yuan, and the lender's funds are currently about 800 million yuan.