Wanda Group continues to experience frequent equity freezing incidents. According to the National Enterprise Credit Information Publicity System, Dalian Wanda Group Co., Ltd. has recorded two new equity freeze orders targeting Shanghai Wanda Network Financial Services Co., Ltd. and Shanghai Wanda Small Loan Co., Ltd., with frozen equity valued at over 9.4 billion yuan. The freeze period extends for three years, with Beijing Financial Court serving as the executing authority.

This marks another significant equity freeze for Wanda within the past week. Previously, equity in Dalian Wanda Commercial Management Group Co., Ltd., a subsidiary of Wanda, was frozen at 1.979 billion yuan, effective from August 27, 2025, to August 26, 2028, also executed by Beijing Financial Court.

To help navigate the company through current challenges, Wang Jianlin is accelerating large-scale asset sales. Information from the State Administration for Market Regulation indicates that TPG Zhuhai, Gaw Fengde, Tencent Holdings, JD.com Panda, and Sunshine Life Insurance will jointly establish a consortium to acquire 100% equity in 48 target companies under Dalian Wanda Commercial Management.

Recent developments provide concrete evidence of this transaction's progress. On August 25, the private equity fund "Suzhou Kuanyu," comprising 13 companies including TPG, Gaw Fengde, Tencent, and JD.com Panda, was established with total capital contributions of 22.429 billion yuan. Additionally, Wanda has separately formed joint ventures with JD.com and Tencent.