Wanda Group responds with "1.9 billion shares frozen" Dalian Wanda | Official website | Wanda Group
On June 8th, Red Star Capital Bureau reported that the official website of Dalian Wanda Group Co., Ltd. issued a statement regarding the report that "the 1.9 billion shares of Dalian Wanda Commercial Management have been frozen".
The statement stated that Wanda Real Estate Group and a certain enterprise have cooperated on a large-scale project in Changchun, and there is still a financial dispute of about 1 billion yuan between the two parties to this day. When Wanda Commercial Management introduced investors in 2018, its 4.527 billion yuan equity was already valued at 243 billion yuan, which is publicly available information. The freezing of 1.9 billion shares of Wanda Commercial Management this time significantly exceeds the amount of financial disputes between the two parties. Wanda is appealing through legal channels and is confident in safeguarding the legitimate rights and interests of Wanda Group.
Screenshot taken from the official website of Wanda Group
![Wanda Group responds with "1.9 billion shares frozen" Dalian Wanda | Official website | Wanda Group](https://a5qu.com/upload/images/f78d97fe3cf58b1574818d79d2ff885e.jpg)
Previously, on June 5th, Wanda Group added two new equity freeze information, with Dalian Wanda Commercial Management Group Co., Ltd. being the target company for equity execution, with a total frozen equity amount of approximately 1.979 billion yuan.
Screenshot from Tianyancha