The companys 1.9 billion equity is frozen in Wanda: it is appealing through lega

Wanda Group, the largest commercial real estate developer in China, was frozen for 1.9 billion equity.Wanda responded that he was appealing through legal channels.

Comprehensive daily economic news and Reuters reports, the Chinese corporate information query system "Sky Eye Inspection" shows that Dalian Wanda Group Co., Ltd. added two new equity frozen information on Monday (June 5).The executive enterprises are Dalian Wanda Commercial Management Group Co., Ltd., and the total amount of the shares frozen is about 1.98 billion yuan (RMB, the same below, about 374 million yuan), and the freezing period is from June 5, 2023 to June 20264th.

In response to the frozen stocks of Dalian Wanda Commercial Management, Wanda Group publicly stated on the official website that Wanda Real Estate Group and a company have cooperated in a large project in Changchun. So far, there are still about 100 billion yuan in the two parties.Financial disputes.

According to the statement, when Wanda's commercial management introduced investors in 2018, Wanda Commercial Management of 4.527 billion equity was valued at 243 billion yuan at the time. This valuation was open information.

Wanda said that the frozen Wanda Commercial Management was 1.9 billion stakes, which greatly exceeded the amount of financial disputes between the two parties.This situation is the dispute between real estate projects and has nothing to do with Wanda commercial management.

Wanda is complaining through legal channels, and said that he has the confidence to safeguard the legitimate rights and interests of Wanda Group.

Wanda Group, which has been worried about funds, has also been reduced.According to Reuters, S & P Global lowered the rating of Dalian Wanda Commercial Management Group from "BB+" to "BB" on Monday, because the liquidity of its parent company weakened.

S & P said, "Due to the extension of the IPO of Zhuhai Wanda Commercial Management, we believe that the risk of narrowing financing channels in Dalian Wanda Group has increased.The expectations of the group further worsen the situation. "

Bloomberg reported on May 31 that people familiar with the matter reported that Wanda Group is with potential buyers including byte beating, and its payment business"The negotiation of fast money payment may sell its national digital payment license for about 1 billion yuan.