In this day and age, fathers and sons are trending together!
Wang Jianlin is restricted from high spending while Wang Sicong is executed for 12.1 million
According to investigations, 51% of Binance accounts have a balance of less than 1000u...
Former Chinese billionaire Wang Jianlin has been restricted from high consumption, and is not allowed to take flights, travel in soft sleeper trains, or stay in star-rated hotels!
According to Qichacha and Tianyancha, recently, Dalian Wanda Group Co., Ltd. and its legal representative Wang Jianlin were restricted from high consumption. In response, a knowledgeable person from Wanda stated, "Economic disputes of subsidiary project companies, or information asymmetry at the execution level may have caused this."
However, according to Tianyancha, Wanda Group currently has 10 pieces of information about executors, with a total amount of nearly 5.3 billion yuan being executed. In addition, there are also 47 pieces of information regarding equity freezes. To ease cash pressure, Wanda has successively sold 7 Wanda Plazas this year; in the previous two years, Wang Jianlin has already sold 30 Wanda Plazas.
As for Wang Jianlin's son, Wang Sicong, he was also executed for 12.1 million on September 28 due to a contract dispute, trending together with his father. Six years ago, Wang Sicong faced multiple high restrictions from various courts due to debt issues related to Panda Interactive Entertainment.