The former richest man in China and the founder of Wanda, Wang Jianlin, transferred 49%of Beijing Wanda Investment Co., Ltd.According to people familiar with the matter, the funds will be used to repay a US dollar debt principal expired on Sunday (July 23).
According to the surging news report, Tianyan checking equity information shows that Beijing Wanda Investment completed the investor change on Thursday (July 20).Before the transaction was completed, all equity of Beijing Wanda Investment was jointly owned by Wang Jianlin and Beijing Wanda Cultural Industry Group Co., Ltd., a subsidiary of Wanda Group; after the transaction was completed, Beijing Wanda Cultural Industry Group Co., Ltd. held 49.8%, Shanghai Ruyi Film and Television held 49%Essence
At present, the two parties have not disclosed the price of the transfer of the equity.The report quoted anonymous insiders that the funds sold for this time were used to repay the US $ 400 million bond (about 530 million yuan) principal due to its expiration on July 23.
Data show that Shanghai Ruyi is an independent industrial chain producer. It has its own research and development, production and distribution system, and has invested in popular TV series such as Langya Bang Yueyue Biography.Some analysts believe that Ruyi Film and Television invest in Wanda investment is the equity of Wanda Film held by it.
It is reported that Wanda Investment has also transferred the equity of Wanda Film twice this month.Among them, on July 11th, it was announced that it would transfer 180 million shares of Wanda Film Company to Lu Lili through an agreement transfer, accounting for 8.26%of the total share capital;The circulation shares were 177 million shares, accounting for 8.14%of the total share capital.After the two transfer registrations, Wanda's investment in Wanda's film shares will drop to 20%.
