Once as brilliant as he was, now he faces great struggles. Wang Jianlin, founder of Chinese conglomerate Wanda Group, once claimed that 100 million was just a small goal, but now 100 million has become a huge hurdle.
On September 28, the topic “Wang Jianlin restricted from high consumption” made its way to the hot search list on Chinese social media. Multiple media outlets reported that the enterprise information platform Qichacha showed that the Lanzhou Intermediate People’s Court in Gansu Province issued a consumption restriction order for Wanda Group and its legal representative, Wang Jianlin, on September 26. The case showed that Wanda Group and Wanda Real Estate Group Ltd. were previously forced to execute 186 million yuan.
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