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Wanda will get a $10 billion loan to fulfill the "bet" agreement?

Ltd., a subsidiary of Dalian Wanda Group Co., with a frozen equity amount of 100 million yuan and a freezing period from July 30, 2024 to July 29, 2027. Data show that Beijing Wanda Culture and Tourism Industry Co., Ltd. was established on May 9, 2024, wholly owned by Wanda Group, the legal representative is Zhang Chunyuan. Some analysts pointed out that culture and tourism has always been Wang Jianlin want to do business segments, in recent years, Wanda's pace of expanding the culture and tourism projects did not stop. At the same time, Wanda's capital chain has also been the market concern. It was revealed that Wanda Group's Dalian Wanda Commercial Management Group Co., Ltd. disclosed to some investors, the company obtained a number of banks committed to provide more than 10 billion yuan of loans will be used to fulfill the "bet" agreement.

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