Wanda Secret Layout Financial map

Although it is already a big great Wanda, will own the chessboard has been spread to the cultural tourism, commercial real estate, luxury hotels, overseas investment and many other fields, but for the financial sector has not been involved before. and involved in the financial field as an important step chess, in the Wang "manuscript" in the first disclosure, but also gradually surfaced. Wang, chairman of Wanda Group, said in the manuscript, "If everything goes well, in another 1-2 years, Wanda will have big moves in the overseas financial industry."

now Wanda is consulting with Dalian Bank on further cooperation matters. "This is the latest developments in the financial business of Wanda Group from a person close to the Wanda Group," he told Reuters. Although Wanda has already is the indirect shareholder of Dalian Bank, however, Root According to the source, Wanda's ambitions will not stop here, and once the two sides cooperate, then the Bank of Dalian will be in the first time with Wanda Plaza in the city, quickly spread.

In fact, the "ambiguous" Rumours of the Wanda Group and the Bank of Dalian have been exposed earlier this year. There are sources said that in recent years Wanda Group chairman Wang, to seek a already in the domestic business of the trans-provincial operating two-level bank. This April, people familiar with the matter said Wanda was conspiring to invest in Dalian Bank, or would acquire a 20% per cent stake in the company to become the largest shareholder. At the same time, the former China Investment and management director and general manager of investment Banking department Wangguiya has officially joined Wanda, the current Wanda Group senior vice president. In the Wang arrangement, the 49-Year-old Wangguiya will be responsible for the preparation of Wanda Group financial sector.

Wang has long been clear about the financial map of Wanda: It plans to set up a Wanda Financial group in the three quarter of this year, with the financial holding company responsible for all the holdings, equity and financial investments in the future. To this end, Wanda has registered to set up a Bai investment company, is declaring the establishment of a registered capital of 30 billion yuan financial companies, but also plans to invest in other financial sectors. At the start of the second half of this year, Wanda will step into the financial business, investment in a number of financial sectors, before Wanda has been prepared for funding.

Why is the financial industry being plotted?

Why is Wanda plotting the financial industry? In Wang's own words, this is "Wanda realizes the new transformation request, is also the new pillar industry which Wanda builds and the new profit growth point". In a number of industry insiders, this remark also bare the urgency of the current real estate business transformation.

"Commercial real estate is affected by the industry as a whole and it is hard to have a big job, and the cultural industry that has been launched in recent years has not yet materialized," said an analyst who was not easily named. While the big-known Wanda has no problems at the bank's credit level, there is still a need for profitable growth in the long run. He said that Wanda's problem was large, but the profitability was actually lower.

The continued rise in operating income does make many real estate companies difficult to deal with. The first half of Wanda group assets reached 460 billion yuan, income of 92.07 billion yuan, the annual overall goal is assets over 500 billion yuan, income exceeded 242.289 billion yuan.

Rand Consulting President Song Yanqing also for Wanda calculate a account, "estimated Wang family in Wanda accounted for more than 50%, such as according to the 51%-70% calculation, estimated total net debt ratio of more than 50%, such as optimistic according to 50% calculation, reference Vanke, China Sea and other cash situation, optimistic assumption Wanda has 50 billion yuan, optimistic cumulative down, Wanda has liabilities of 117 billion-141.8 billion yuan. Song Yanqing points out that such numbers are not small. And now Wanda chose to enter the financial sector, the biggest benefit is to take a fancy to the future potential of the financial industry. "If you can get a listing by holding or merging two-tier city commercial banks, then the original equity will be sky-high in the future." Even if not listed, a Dalian bank also has billions of to tens of billions of net profits a year, certainly more than real estate and commercial real estate to make money. "Song Yanqing said.

30 housing companies set foot in finance

According to incomplete statistics, as of February 2014, there are about 30 real estate developers involved in finance. However, many people in the industry believe that real estate finance "marriage" will become the future trend, and Wanda as a leading enterprise has been involved in this torrent. The world's largest conglomerate holding banks, with almost no exception, have used their resources as their own industries, citing a veteran investment bank. The Kunlun bank, which includes PetroChina, has achieved rapid development in recent years.

Since January this year, news of the company's recruitment of senior executives has spread around the industry, and many financial institutions, including banks and funds, have received similar invitations. In terms of personnel composition, Wang bluntly: "As with other industries, we must find the right people." Whether to do well the financial industry, the key is not approval, not money, but talent. It can be foreseen that the future in the financial industry, high-paying poach will be Wanda Finance, one of the main preparatory work.

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Song Yanqing also suggests that financial marketization is becoming more and more high, and more local banks may be listed in the future with the support of the government. And finance as Wanda's an important investment direction, if the future want to fight for plate listing, then in the beginning of the business to cut clear. He argues that the success of the Wanda IPO was an important point because it was too complicated;