Wanda Real Estate's 270 million shares have been frozen, and the company and its legal representative were subject to restrictions on consumption on the same day.

On March 23, Tianyancha app showed that Wanda Real Estate Group Co., Ltd. (hereinafter referred to as Wanda Real Estate) recently added an equity freeze record. The frozen equity belongs to Wuhan Huada Jiuhao Innovation Investment Partnership (Limited Partnership) (hereinafter referred to as Huada Jiuhao Investment), with a freeze amount of 270 million yuan, valid for three years. The executing court is the Huadu District People’s Court of Guangzhou, Guangdong Province.

Huada Jiuhao Investment currently has three equity freeze records. In addition to the aforementioned 270 million yuan, it was frozen for 4.35 million yuan in November last year, with Wanda Real Estate as the obligee; in July 2024, it was frozen for over 1.6 million yuan, again with Wanda Real Estate as the obligee.

Huada Jiuhao Investment was established in March 2023. The general partner is Huarong Capital Management Co., Ltd., with a capital contribution of 1.941 billion yuan. Its business scope includes investment activities with its own funds. The partnership is approximately 86% owned by China CITIC Financial Asset Management Co., Ltd., about 13.91% by Wanda Real Estate Group Co., Ltd., and about 0.05% by Beijing Huitong Zhixin Capital Management Co., Ltd. The actual controller is Beijing Huitong Zhixin Capital Management Co., Ltd.

On the same day, Tianyancha app also showed that Wanda Real Estate and its related companies added three new consumption restriction orders. Among them, Wanda Real Estate and Shanghai Wanda Lin Gang Real Estate Co., Ltd. were ordered to pay 29,000 yuan. Both companies and their legal representatives Liu Shiwen and Zhang Chuanyi are restricted from high consumption. The court executing these orders is the Pudong New Area People’s Court in Shanghai. The two companies were also ordered to pay about 25,200 yuan, and Wanda Real Estate and Liu Shiwen are restricted from high consumption as well, with the court also being the Pudong New Area People’s Court.

Wanda Lin Gang Real Estate is a wholly owned subsidiary of Wanda Real Estate, established in June 2020 with a registered capital of 50 million yuan. Currently, it has five enforcement records with amounts exceeding 860,000 yuan; a total of 242 enforcement records in its history, with total enforcement exceeding 21.06 million yuan. The restriction orders against this company amount to 135, involving over 13.4 million yuan; its historical restriction orders total 75, involving over 7.81 million yuan.

Wanda Real Estate was established on February 22, 2018, with a registered capital of over 4 billion yuan. It is mainly held by Shenzhen Dixun Industrial Co., Ltd. (98.7013%) and Futa (Hong Kong) Investment Co., Ltd. (1.2987%). Its actual controller is Wanda Department Store Group.

According to Tianyancha data, Wanda Real Estate has no direct or indirect equity relationship with Dalian Wanda Group (hereinafter referred to as Dalian Wanda Group), founded by Wang Jianlin. However, several senior executives hold positions in Dalian Wanda Group. For example, Huang Guobin, director and manager of Wanda Real Estate, serves as a director at Dalian Wanda Group; Han Xu, director and financial officer, holds positions at both Dalian Wanda Group and Dalian Wanda Commercial Management Group; Liu Mingshi, supervisor, also holds relevant positions at both companies.

As of now, Wanda Real Estate has 86 enforcement records with amounts exceeding 2.4 billion yuan; a total of 814 enforcement records in its history, with amounts exceeding 6.5 billion yuan. It has 12 dishonesty enforcement records involving over 1.2 billion yuan; and 8 historical dishonesty enforcement records involving about 1.8 billion yuan.

Additionally, Wanda Real Estate currently has 188 consumption restriction orders involving over 66.27 million yuan; its historical restriction orders total 97, involving over 6.784 billion yuan.