China Real Estate Giant Wanda Group released news on Tuesday (December 12) that the Taimeng Investment Group (PAG) and Dalian Wanda Commercial Management Group jointly announced a new investment agreement.This means that before the last period of the listing of Zhuhai Wanda businessmen to go public in Hong Kong, Wanda's listing pressure on gambling has been lifted.
Comprehensive Wanda official website, Securities Times Network, and Blue Whale Finance reported that Taimeng will unite other investors. After the expiration of its 2021 investment redemption period, after the redeem of Dalian Wanda Commercial Management Group,Reinstream of Zhuhai Wanda Commercial Management.The current investor's investment in Zhuhai Wanda Commercial Management in August 2021 was approximately 38 billion yuan (RMB and S $ 7.1 billion), of which Taimeng's investment was approximately US $ 2.8 billion (S $ 3.75 billion).Existing investors enjoy the right to redeem in the original investment arrangement.
According to the new agreement, about Zhuhai Wanda Commercial Management, Dalian Wanda Merchant is 40%, which is a single largest shareholder, and the existing and new investors shareholders participated in the investment.60%.Together with important shareholders such as Taimeng, Wanda will further optimize the management of the company's legal person, maintain the stability of the management team, and jointly support the company's long -term development.On the issue of listing, new investment will no longer set up a gambling agreement.
Wanda Group stated that the new agreement reflects investors' high affirmation of the potential for the growth of Zhuhai Wanda business management and high recognition of its operating capabilities.In the future, with important shareholders such as Taimeng, we will further optimize the governance of the company's legal person, maintain the stability of the management team, jointly support the company's long -term development, and effectively fulfill social responsibility.
According to the information disclosed by the previous prospectus, the institutional investors of Zhuhai Wanda Commercial Management include 22 companies including the Zheng Yutong family, Country Garden, CITIC Capital, Ant, Tencent, and Taimeng Investment Group.In August, the investment in Zhuhai Wanda Commercial Management was approximately 38 billion yuan, of which Taimeng's investment was about 2.8 billion US dollars.
Public information shows that Zhuhai Wanda Commercial Management currently manages 494 large -scale commercial centers in 227 prefecture -level and above cities across the country.In the past two years, the number of commercial centers in Zhuhai Wanda Commercial Management has increased from 417 to 494, with an average annual growth rate of about 9%.With the management area of management, Zhuhai Wanda Commercial Management is the world's largest business management company.
According to Wanda's official news, since the existing investors' capital in 2021, Zhuhai Wanda has exceeded the performance target for three consecutive years.4.4 billion yuan), 27.1 billion yuan in 2022, and 29.3 billion yuan in 2023 (estimated), an average annual increase of about 12%.After tax in 2021, the profit was 5.3 billion yuan, 7.5 billion yuan in 2022, and 9.5 billion yuan in 2023 (estimated), an annual growth rate of 34%.In the past three years, the company paid a total of about 10 billion yuan in taxes, and the dividends of shareholders were 4.6 billion yuan in 2021, 6.7 billion yuan in 2022, and 8.5 billion yuan in 2023 (estimated).
Wanda has continued to fall into debt storms since this year. Before the previously attracted much watched gambling agreement is about to expire, Wanda has been raising self -rescue.
According to the content of the previous gambling agreement, if Zhuhai Wanda Commercial Management failed to complete the listing work by the end of this year, Wanda Commercial Management has the obligation to repurchase the shares from the above investors, which may make Wanda face funding.Risk of flow.
Wanda Movie issued a announcement last Wednesday (December 6) stating that the company's indirect controlling shareholder and actual controller Wang Jianlin planned to transfer 51%of Beijing Wanda to Shanghai Ruyi Investment Management Co., Ltd.In addition, Wang Jianlin also put his financial license and some equity of Wanda Movies on the shelves to alleviate Wanda's debt crisis.
