How Did The Business Empire Of Wang Jianlin, China'S Richest Man, Build Up?

In the past few years, Wanda has accumulated energy, and now it has reached the stage of integration.

It can be said that Wang Jianlin is one of the most successful entrepreneurs in pition.

Five years ago, his estate accounted for more than 90% of his total assets, and now only accounts for 50%.

By the end of last year, Wanda Group's assets had reached 534 billion 100 million yuan, earning 242 billion 500 million yuan, an increase of 30% over the same period last year.

Wanda Commercial real estate has become the largest commercial real estate company in the world. It opened 123 Wanda Plaza and 78 hotels nationwide, and was successfully listed in Hongkong in December last year.

In the first two years, Wanda's international investment is mainly in the real estate sector, and in the past year, it has expanded investment in sports, including 100% equity interest in the 7 billion 400 million yuan acquisition and surplus sports media, of which 68.2% is Wanda holdings, 4 billion 160 million is the acquisition of 100% stake in the United States world iron man company, and 320 million yuan buys 20% shares of the Madrid football club.

In addition, Wanda Plaza is the largest city in China. Commercial real estate and cinema are the number one in the world.

Now, he has to rebuild an "invisible Wanda" - a Wanda based on O2O, big data and financial instruments.

According to Hu Run's calculations, Wang Jianlin family wealth mainly includes Wanda Commercial real estate, Wanda cinema, American cinema AMC shares and unlisted assets.

By the end of last year to the beginning of this year, Wang Jianlin has completed the listing of two major companies, Wanda Commercial real estate and Wanda cinema.

Wanda Commercial real estate first landed on the Hong Kong Stock Exchange in December 23, 2014, setting the largest IPO financing record for Hong Kong stocks throughout the year.

Then, in January 22nd this year, Wanda cinema landed on small and medium-sized boards.

Since April, Wanda Commercial and Wanda cinema share prices have risen sharply, Wanda Commercial range rose 33%, while the Wanda cinema line rose by 74%.

There is nothing left when the house is sold. How can we have a stable cash flow? This problem must be faced by all residential developers, sooner or later.

On this issue, Wang Jianlin chose such a way: commercial real estate not only for development, but also for investment and operation, and there is no matching capital in China, and its complexity is more than that of residential real estate.

It was not until 2006, after 5 years of trial and error, that Wanda found the urban complex, which was in line with China's national conditions.

Because of the difficulty of leasing, Wanda simply made its own content, such as cinema, department stores and so on, which laid the foreshadowing for Wanda's large-scale industrial layout.

However, if real estate sales are blocked, Wanda is not necessarily safe.

The question of Wanda's debt ratio and security has not stopped for years.

By the end of 2014, Wanda Commercial real estate and theatrical companies were listed successfully, and Wanda had already opened up capital passages. Even so, others thought it was not out of danger.

"By 2017, Wanda will have to reduce its debt and inventory by 50%."

Wang Jianlin put forward such a goal, which will be pushed back and broken down to 3 years of Wanda's work plan.

In 2016, Wanda heavy assets development project was reduced to 13, which was 50% lower than that in 2015, which exactly corresponds to Wang Jianlin's goal.

Now, there is another item in Wang Jianlin's shopping cart -- the British landmark cinema brand Odeon cinema line.

The Hurun Research Institute believes that Wang Jianlin, 61, and his family have become second fortune 220 billion times.

Thanks to the listing of Wanda cinema, the share price rose from 20 yuan to 200 yuan.

Ten years ago, when Wanda entered the movie industry, many people in the industry were not optimistic.

Unexpectedly, in just a few years, Wanda film industry has become an industry leader alongside Huayi, bona, light and other movie giant, and Wanda cinema has also become the first share of A share cinema through the capital market.

In the global cinema line, three years ago, Wanda Group bought 1 billion 700 million American first tier chain AMC company with about 5000 screens.

This year, Wanda Group, a A share listed company of Wanda Group, has acquired a Hoyts of Australia's second cinema line, which has 450 screens, with a price of more than 400 million pounds (3 billion 856 million yuan).

In the main battleground of Wang Jianlin, China's market, as far as the first half of 2014, the Wanda cinema of Wanda in Dalian also has 191 theaters and a total of 1694 screens, which is the largest cinema operator in Asia.

In a few years, Wang Jianlin built a huge leisure entertainment real estate Kingdom and became the biggest movie theater owner in the world.

The half year report of Wanda cinema shows that the giant "appetite" of the M & A is still not satisfied. While consolidating the domestic market position, Wanda cinema will continue to seek investment opportunities at home and abroad in the second half of this year and will continue to strive to build the world's largest cinema line operator.

In Wang Jianlin's blueprint, there will be an "invisible Wanda" in the future.

This "invisible Wanda" is a Wanda based on O2O, big data and financial instruments.

The strategic map is very clear: Wanda financial group never repeats the traditional financial model, but takes full advantage of Wanda's unique advantages and combines with Wanda business management and Wanda electricity providers to make the real Internet + finance.

Wang Jianlin is full of expectation for finance. In the first half of 2015 working conference, he said: "Wanda's future value is the largest financial sector."

The three main directions of Wanda financial business are given: accelerating the mastery of the cash flow of merchants, and using the advantage of cash flow to innovate the credit checking, issuing and recycling mechanism for merchants, making use of the big data of electronic business and fast money.

Previously, Wang Jianlin once said: "Wanda actually needs only a bank license, and there is no need to open any stores, so the funds can be fully used by P2P".

Wang Jianlin previously disclosed that Wanda financial business to release nodes in detail in the second half of the year, Wanda financial group was established, Internet + financial pilot started.

Wang Jianlin's sports feelings should start from football, and football was once the name card of Wanda.

As an investor of Wanda football club in Dalian, as early as 1993,

It created the first dynasty of professional football in China.

Wang Jianlin's endorsement platform for football is not limited to this. In the following days, from the national team to the league tournament, from the training mode of "catching up from the baby" to the hiring of Spanish masters in the football team, Wanda showed its determination to support football in various fields.

He has declared that "what we do is to contribute to the improvement of China's football standards".

For Wang Jianlin, football has won the green channel for dialogue with the highest power level of world football.

At the same time, Wanda is not limited to the love of football.

Wanda has long been a heavyweight buyer in the global sports capital market.

According to Wang Jianlin's work conference in the first half of 2015, there are several sports companies waiting for mergers and acquisitions in the second half of the year.

He hopes to do something in the virgin land of China's sports industry.