At Autohome Foshan Promotion Channel, we bring you exciting news! A high-profile limited-time special promotion is being held to meet the expectations of consumers in Foshan. At present, the maximum discount of this high-performance luxury SUV has reached an astonishing 160,000 yuan, and the minimum selling price has been adjusted to an attractive 942,800 yuan. This undoubtedly provides an excellent opportunity for consumers who are interested in buying a Mercedes-Benz GLE AMG. To take advantage of this wave of price reduction benefits, please click "Check Car Price" in the quotation form below to get a higher discount surprise. The time is not waiting, so act now!

The Mercedes-Benz GLE AMG is a highly sporty luxury SUV. Its front design is inspired by the high winds of the track, presenting an unparalleled sense of movement. The iconic air intake grille adopts the straight waterfall design unique to the AMG family, strengthening the visual impact of the vehicle. The body lines are smooth and powerful, and the overall style is both luxury and performance. Every detail shows the unique charm and exquisite craftsmanship of the AMG brand.

The Mercedes-Benz GLE AMG combines luxury and movement with its sculptural body lines. The body measures 4937mm x 2015mm x 1782mm and the wheelbase is up to 2995mm. These parameters ensure a spacious interior and solid driving stability. The front wheels are equipped with 275/45 R21 tires, emphasizing the driver’s handling performance, while the rear wheels are equipped with 315/40 R21 specifications, further enhancing the dynamic performance. The overall design style not only focuses on practicality, but also highlights the unique aesthetics and passion of the AMG brand.

The interior of the Mercedes-Benz GLE AMG is luxurious and dynamic, built with exquisite craftsmanship and advanced materials. The steering wheel is wrapped in genuine leather and matched with carbon fiber/flip fur material, providing excellent grip and visual impact. The 12.3-inch central control screen has a clear display and integrates practical functions such as multimedia system, navigation, phone and air conditioning. Automatic speech recognition control makes driving more convenient. The seat part is made of genuine leather or leather/flip fur mixed and matched materials to provide comfort and support. The driver and passenger seats are equipped with electric adjustment and memory functions. It supports multi-directional adjustment of front and rear, backrest, high and low, leg rest and waist support, which combines practicality and luxury. The rear seats support front and rear adjustment and proportional reclining to meet the needs of different occasions.

The Mercedes-Benz GLE AMG is equipped with a powerful 3.0T L6 engine that can output up to 435 horsepower and a maximum torque of 560 N. m. With its 9-speed automatic transmission, this engine ensures that the vehicle can demonstrate excellent performance and handling in various driving scenarios.

Conclusion:

To sum up, the Mercedes-Benz GLE AMG is a model with excellent performance and luxury experience. This price reduction promotion undoubtedly brings real car purchase benefits to consumers. Seize this great opportunity, you can not only enjoy the driving pleasure brought by the Mercedes-Benz brand, but also have this high-performance SUV within the budget. Mercedes-Benz’s commitment is consistent, and this offer is a response to your yearning for quality of life. Let’s explore the charm of the Mercedes-Benz GLE AMG together and start your driving journey!

Jinyang Network News January 20th, FAW Toyota Corolla, Rui Fang listed. The new car launched a total of 5 models, priced 129,800 yuan – 169,800 yuan. The new car offers 7 monochromes plus 4 contrasting colors.

Appearance: both dynamic and static

Corolla Rui Fang adopts the design concept of "strong power" and "urban quality", and outlines the tough shape with dynamic lines.

The front grille and front bumper form a stable "double trapezoidal" design, creating a prominent sense of stability; the double beam of light LED headlights and the horizontal design of daytime running lights above the headlights are more attractive and highly recognizable.

On the side of the car, the waist line is straight, making it very simple. The 18-inch aluminum alloy wheels are designed with a unique cutting style, emphasizing the sense of speed. At the rear, the LED modular taillights show the lighting effect with a sense of advanced technology with a thin line-like light curtain.

In terms of color, Corolla, Rui Fang provides sapphire blue, crimson red, streamer silver, platinum white, ink abyss black, Milan khaki, flare crystal gray seven body coatings to choose from, in addition to platinum white body x ink abyss black roof, streamer silver body x ink abyss black roof, Milan khaki body x ink abyss black roof and other four two-color bodies to choose from.

Space: large space and large pattern

Corolla, the length, width and height of the sharp placement are 4460mm/1825mm/1620mm respectively, and the wheelbase is 2640mm. The front head space is 105mm, and the rear head space is 87mm.

At the same time, the rear window has a large light transmission area and a good field of vision; fully considering the feeling of different members getting on and off the car in the family scene, the rear door adopts the design of a high door frame, with an opening height of 787mm, making it easy to enter the car even when holding a baby. The rear seats support adjustable gears, which further enhances the riding comfort and can also better place children’s seats of different age levels.

Corolla, the sharp release has a large loading space, which can fit a lot of luggage. Corolla, the sharp release has a suitcase volume of 438L, which has sufficient height and width, and because the C-pillar has no bevel angle, the depth performance is better, which realizes the efficient use of space.

After the rear seats are reclined in a 6:4 ratio, they can be further expanded, and large suitcases, strollers, small appliances, etc. can be easily loaded. In addition, Corolla, Sharp Place has also optimized the height of the suitcase from the ground, so that female users can easily lift and drop items.

Safety: Smart experiences go hand in hand

Corolla, Rui Fang comes standard with a new generation of Toyota Safety Sense smart travel safety system, including PCS pre-collision safety system (including forward pedestrian identification), DRCC dynamic radar cruise control system (including full speed domain following function), LTA lane tracking assist system and (including following function), AHB automatic adjustment high beam system

Among them, the PCS pre-collision safety system can detect the leading vehicle, pedestrian (day and night) and bicycle (day) through millimeter wave radar and monocular camera. If the system determines that the probability of collision is high, the PCS will assist in avoiding collisions and reducing damage through warning, braking control, and enhanced braking force. The DRCC dynamic radar cruise control system detects the leading vehicle through millimeter wave radar and monocular camera, and keeps the appropriate distance to follow the vehicle (with full speed zone following function), which helps to reduce the fatigue of long-term driving.

In terms of passive safety, the Corolla is equipped with up to 9 SRS air bags, which are combined with the high-rigidity body design of the TNGA-C architecture, ensuring a sense of security every time you travel.

In terms of intelligent technology configuration, Corolla Ruifang comes standard with Toyota Zhixing interconnection system, which allows users to perform remote air conditioning, remote car search, negligent reminders (including remote lock), remote diagnosis, concierge service, emergency rescue (airbag linkage), theft tracking (including remote start restrictions), intelligent driving scoring, health reports, and vehicle condition inquiries.

The 9-inch multimedia intelligent online navigation system can obtain the latest data from the center in real time, plan the best route, learn users’ driving habits, and provide users with tailor-made route planning and service planning; the PVM panoramic monitoring system can display images taken from a top view of the vehicle, allowing drivers to confirm in real time the surrounding conditions that are difficult to visually observe from the driver’s seat, making it easy to judge the surrounding conditions of the vehicle and avoid the occurrence of parking hazards.

In addition, the intelligent interactive voice control system, TPMS tire pressure monitoring system, parking radar, multimedia display system, and 7-inch TFT liquid crystal meter are all available.

Driving control: big body has more vigorous skills

Corolla, sharp amplifier equipped with TNGA 2.0L Dynamic Force Engine engine and Direct Shift-CVT transmission, the maximum power of the engine is 126kW and the maximum torque is 205N · m. Introduce new technologies such as new direct injection injectors and new electric VVT (variable timing valve) to improve output power, fuel efficiency and reduce emissions. It has the characteristics of complete lightweight, miniaturization and low center of gravity.

The transmission enhances acceleration performance, fuel efficiency and interior tranquility by greatly expanding the transmission range and efficiency. At the same time, technologies such as split-shaft vane dual-port oil pumps and innovative control systems are adopted to improve fuel efficiency and driving performance. The fuel consumption under comprehensive operating conditions is 5.9L/100km. In addition, the Corolla’s sharp-release turning performance is a prominent advantage beyond the SUV of the same class, achieving a 5.2m turning radius.　

(Text/Xiaohang, Photo/Official Provided)

Our reporter, Yue Qian

Recently, the China Automotive Technology Research Center (hereinafter referred to as the China Automotive Research Institute) conducted a rigorous collision experiment. Two EXEED vehicles collided with each other at a speed of 64 kilometers and achieved success. It is reported that this is the first public 128kph (128 kilometers per hour) relative speed collision test in China.

According to Liu Lei, director of the real vehicle collision laboratory of the China Automobile Research and Natural Inspection Center, the contact surface of this high-speed vehicle-to-vehicle collision test is 25% of the width of a vehicle, simulating the accident form of the vehicle crossing the median line and colliding head-on with the opposite vehicle, which can truly reflect the protection effect of the vehicle on the passengers in the vehicle when a similar traffic accident occurs; as a non-standard collision condition, the experiment poses new challenges to the vehicle’s constraint system response and body structure strength, which can better test the vehicle safety and reliability.

According to the introduction, from the whole process of this experiment, the body structure of the two test cars remained intact, providing enough living space for passengers; the door was not completely separated from the car body during the collision, and the passengers were not thrown out of the car; after the test, the non-collision side door can be opened smoothly, which is convenient for passengers to be rescued. From the functional performance, the front airbag, side aircurtain, and side airbag all burst normally, and the contact position of the human head is the airbag inflatable area, which can absorb the energy possessed by passengers; the seat and seat belt did not fail, and the seat belt can buffer the energy of passengers faster, which can effectively ensure the safety of the occupants. In addition, the fuel system did not leak, and secondary disasters such as fires did not occur.

The wonderful performance of EXEED in the test not only shows its safety performance, but also shows its excellent technology in the research and development of automobile safety to consumers: the integrated cage body effectively guarantees the personal safety of drivers and passengers, the proportion of high-strength steel is as high as 78%, A, B pillars and front and rear anti-collision beams are hot-formed ultra-high-strength steel, and the tensile strength of B pillars has reached the level of 1.60 quadrillion Pa, which can greatly improve the safety performance and anti-deformation ability of the whole vehicle body; ultra-high-strength steel has reached the tensile strength of 1.60 quadrillion Pa, which can effectively resist the severe impact from all directions and minimize the impact force on drivers and passengers in the car. It is worth mentioning that the car is equipped with an oversized side air curtain with a length of 2770mm, which can cover one, two, and three rows of areas, reducing the damage caused by side impact and effectively protecting the safety of rear passengers.

After experiencing this unique collision scene firsthand, one can’t help but feel that for the majority of consumers, cars used to be just a means of transportation to provide convenience. However, with the continuous improvement of people’s living standards and the great improvement of quality of life, Volkswagen’s demand for cars is not limited to just being a means of transportation. Only by meeting the needs of the majority of consumers can we stand out in the highly competitive automobile market and achieve longer-term development. As a Chinese independent brand, EXEED Xingtu has been continuously enhancing its competitiveness with its continuously surpassing car-making concepts, high-quality car-making technologies and continuously optimizing and innovative intelligence systems.

"China Quality News"

In the tide of intelligence and electrification, the brand premium ability of traditional luxury cars is gradually weakening. However, times change, and the Crown brand with profound heritage has carried out a comprehensive innovation and evolution in response to the changes in the times and user value needs. It defines the luxury value of the new era with "high-end, young and smart", and applies this value to all Crown models, highlighting the decisive role of "heritage" in the change. In the recent "Discover Your CROWN" Crown brand test drive activity, professional media and user friends from all over the country really felt the charm of this new "Crown" luxury travel. The clear and unique brand appeal conveyed by the activity and the extraordinary product strength of the flagship once again resonated with the market.

(Picture: Crown brand slogan Discover Your CROWN)

"Crown Complex" is word of mouth and strength

Since its birth in 1955, "Crown" has been labeled as a high-end brand; after 16 generations of evolution in 69 years, Crown has always been a unique classic in people’s minds. It has always stood at the forefront of the times and provided consumers with the most contemporary and competitive models.

From its appearance at the Canton Fair in 1964, to its mass entry in the 1980s, and then to the domestic introduction of FAW Toyota in 2005, owning a Crown sedan was once a symbol of status in the hearts of Chinese users. The refined, high-end, and luxurious quality and image of the Crown endow people with not only the comfort of driving, but also the respect of identity. Owning a Crown reflects both self-achievement and a crowning of life.

(Photo: Brand new crown)

Crown has been enduring for 69 years, and behind it is a solid brand capability and product value. This capability is reflected in the advanced technology and lean manufacturing level of the automotive industry represented by Crown, as well as profound insight into every era.

Today, electrification and intelligence have redefined the car, but the essence of luxury is still the unparalleled feeling of excellent quality to users. In the "change" of this era and the "unchanged" of the essence, the Crown brand embraces change with a comprehensive high-end, comprehensive youth, and comprehensive intelligent hybrid attitude, redefining the luxury value of the new era, and giving every user the opportunity to "discover their own crown".

Smart, high-end, young, defining "crown-class" luxury value

From product concept to value proposition, every luxury brand will have its own unique connotation and ideal. In Crown’s opinion, luxury is not only an extraordinary brand charm, but also a user’s calm and pleasure. No matter how the luxury standard evolves, whether it can satisfy users’ pursuit of dream life is the only dimension.

Returning to this original intention, the Crown brand has created a distinct product value through continuous technological innovation, and expects to gradually establish a differentiated advantage in the luxury car market of the new era through the brand label of "high-end, young and smart".

There is no doubt that the newly evolved third-order intelligent electric hybrid dual-engine technology is the greatest help for the Crown brand to form a dislocated competitive advantage. For a long time, FAW Toyota has been continuously promoting the upgrading and improvement of intelligent electric hybrid dual-engine technology. It is with this "unique skill" that FAW Toyota has become the technical benchmark in the global intelligent hybrid field.

(Photo: New Crown Land Release)

The media editor-in-chief and core users participating in this event believe that hybrid is a better solution for the current new energy vehicles. The new IT’S TiME 2.0 intelligent electric hybrid dual-engine technology has enabled FAW Toyota to have a continuous growth engine. Empowered by this technology system, all Crown models have achieved comprehensive leadership in power performance, comfortable handling, etc. At the same time, the Crown brand’s own technical label has been consolidated and strengthened.

In the opinion of the automotive media People’s Automobile, when the smart electric hybrid dual-engine technology "meets" the luxury brand, the impact does not stop there. For the crown brand, it is based on technology to determine the value and snatch the luxury market in the smart electric era has the voice over; for the industry, it has created a new category of smart hybrid luxury, accelerating the upgrading and restructuring of the automotive industry after the pure electric luxury track; users who pursue higher travel quality will also benefit from this and have more dream choices.

Technological innovation is based on the premise of fully meeting market demand, while the strategy of positioning high-end determines the market position of the Crown brand. For luxury car brands, the core of high-end positioning is the overall experience of the vehicle. Relying on FAW Toyota’s leading-edge car-making technology and advanced technology equipment, the Crown model integrates a sense of stability, refinement, tranquility, and flagship, bringing users an overall luxury experience from the inside out. After the professional media participating in the event took the test drive, they believed that the Crown series of models fully had the product strength to occupy the top spot in the high-end market.

(Photo: Crown Weir Law)

With high-end positioning and intelligent hybrid technology as the cornerstone, another card played by the Crown brand is "youth". Fashion youth is not only a trendy brand label, but also the basic quality of luxury brands. To this end, the Crown brand creates a delicate and youthful tide flu through the aesthetic design of products rich in the flavor of the times on the consistent stable and elegant style. Frontier intelligent technology and strong intelligent links also perfectly meet the requirements of young users.

Stable, refined, quiet, flagship, creating a consistent product experience

Under the distinct brand value, Crown’s brand value propositions the consistent experience of "stability, refinement, tranquility, and flagship", and targets differentiated market segments through diversified product layouts to more accurately meet consumers’ diverse needs for luxury travel. In the "Discover Your CROWN" test drive activity, Crown’s four products brought a profound and unique driving experience, which was praised by professionals.

(Picture: Crown brand four cars gather on Nan’ao Island)

The new crown is a high-end sedan in the "NEW FORMAL" style of the intelligent era. From power performance to intelligent equipment, from luxury quality to ingenious craftsmanship, it shows the ultra-high level matched with luxury flagships. After the Autohome test drive evaluation, the new crown carries the brand’s full understanding of smart electric new luxury, reflecting the reshaping and sublimation of the connotation of the crown. The intelligent seven-seat SUV New Crown Land Release integrates intelligent technology and luxury texture, suitable for comprehensive multi-scene, and its off-road ability has left a deep impression on the media during driving, especially in non-paved routes such as gravel roads, sand and slippery roads. The vehicle’s stable start and precise control bring a comfortable driving feeling.

The Crown SportCross is the vanguard of the brand’s rejuvenation, with a young and bold crossover design that pursues ultimate performance and handling. During this test drive, the vehicle galloped freely on the multi-curved mountain road, allowing the driver to truly experience the luxury quality and control pleasure. As a super-star car, the Crown Welfa is the highest embodiment of the Crown brand’s charm. Its two-row exclusive configuration, including the Ottoman wide-body flagship seat and the rear entertainment system, makes the event participants feel a sense of exquisite and luxurious respect.

(Photo: Crown SportCross)

For a long time, the Crown brand has regarded "innovation and challenge" as the standard, which is not just a slogan, but also a code of conduct engraved in DNA. Under the guidance of this concept, the Crown brand now looks at the whole situation, anchors the high-end luxury travel market, and uses its own strengths to form a dislocation competitive advantage, showing superb car-making wisdom, and the Crown brand will open a new chapter in the luxury car market.

　 　 Produced by famous producer Zhang Jiazhen and directed by mainland young director Lu Yang, Zhang Zhen, Liu Shishi, Wang Qianyuan, Li Dongxue, Nie Yuan, Zhu Dan, Zhou Yiwei, Jin Shijie, Ye Qing and Zhao Lixin, the only romantic martial arts masterpiece starring in the summer season will be released nationwide on August 7. Today, the film announced Zhu Dan’s on-set beat-the-scene. In the video, beautiful woman host Zhu Dan incarnated as Wei Zhongxian’s adopted daughter Wei Ting, not only showed off his handsome action style in the film, but also was honored by the crew as "female hero Dan Ge" because of his hard-working professionalism on the set.

　 　 From TV host crossover to film and television performances, gold medal host Zhu Dan has always flaunted her boyish character. This time in the movie "Embroidery Spring Knife", she got her wish to play Wei Ting, the loyal and loyal daughter who protects Wei Zhongxian. This character is not only handsome and courageous, but also has a good kung fu and is good at using a Western sword. Zhu Dan is also quite satisfied with the role, not only in the film, "Where did you get the idea, don’t want to die, come here to run wild" such domineering lines, but also from time to time on the set to play a cool role, and use the sword in her hand to "threaten" Zhou Yiwei to call herself a "woman", which makes Zhou Yiwei laugh and cry.

　 　 The bed-the-scene also showed several hilarious secrets of Zhu Dan, the "heroine" in the process of cultivation. Because Zhu Dan has a scene of climbing the eaves and walking the wall in the film, it is required that the action of rolling must be done beautifully. Therefore, Zhu Dan will "roll" non-stop on the scene during the filming of this scene, and even she herself can’t help but complain that she is about to "roll" and become a master. In addition, Zhu Dan’s weapon in the film is a Western sword. In order to practice swordsmanship well, she often practices swordsmanship on the set to the state of ecstasy. However, such an "expert" didn’t even notice that the sword was always upside down. After the staff discovered this problem, Zhu Dan praised himself in a good mood, "I’m really an expert, and I won’t hurt myself if I take it upside down."

　 　 However, it is not so easy to be a "heroine" in the actual shooting. Zhu Dan, who starred in an action drama for the first time, also suffered a lot during the shooting, not only tripping over a stone, but also spraining his ankle while practicing swordplay. But even after experiencing all kinds of pain, Zhu Dan still smiled and insisted on filming, which is why the staff of the crew honored him as "Dan Ge".

Welcome to car home yingtan discount promotion channel. In order to meet the needs of consumers for high-quality SUVs, we are pleased to announce that the high-profile models are undergoing an unprecedented preferential activity in yingtan. At present, car buyers can enjoy a cash discount of up to 0.7 million yuan, further lowering the entry threshold of this star model. The starting price has been adjusted to 152,700 yuan, providing consumers with attractive car purchase options. If you are interested in Xingyue L Zhiqing, click "Check the car price" in the quotation form, seize this rare opportunity and strive for higher car purchase discount!

With its carefully designed side lines, the car system Xingyue L Zhiqing shows the combination of elegance and strength. The body size is 4795mm*1895mm*1689mm and the wheelbase is 2845mm, which provides excellent expansibility for the interior space. The front and rear wheel tracks are 1610mm, which ensures excellent driving stability. Tyre size is 235/50 R19, with fashionable rim design, which not only improves the visual effect, but also ensures the driving comfort and handling performance.

The interior of Xingyue L Zhiqing is exquisite and full of technology, which combines luxury and practicality. On the center console, the 12.3-inch large-size touch screen is clear and easy to use, which integrates the functions of multimedia system, navigation, telephone and air conditioning control, and is easy to operate. The steering wheel is made of leather, which has a comfortable grip and supports manual up and down+forward and backward adjustment, so that the driver can adjust the best driving posture at any time. The USB and Type-C interfaces in the car are reasonably distributed, with two interfaces in the front row and one in the back row to meet the multimedia needs of passengers, and the front row is also equipped with the wireless charging function of mobile phones to further enhance convenience.

In terms of seats, Xingyue L Zhiqing adopts imitation leather material to ensure the ride comfort. The main driver’s seat has four-way adjustment of front and back, backrest and height, and there is also a four-way adjustment of lumbar support to provide all-round support. The driver’s seat is also equipped with heating and ventilation functions to ensure the driving experience in different seasons. The co-pilot seat also supports front and rear and backrest adjustment, as well as two-way adjustment. The backrest of the second row of seats can be adjusted, and the space is flexible and practical. In addition, the driver’s seat also has an electric memory function to provide personalized settings for the driver. The rear seat supports proportional tilting, which is convenient for loading all kinds of articles. The overall interior design gives consideration to functionality and luxury, creating a spacious and comfortable ride environment for passengers.

The car is equipped with a 1.5T turbocharged engine, with a maximum power of 120kW and a torque output of 255nm, providing 163 horsepower. This engine with 3-speed DHT transmission provides an efficient and smooth driving experience for the vehicle.

Summarizing the evaluation of the owner, Xingyue L Zhiqing won his high praise for its "standard car for successful men" with its magnificent design. Undoubtedly, this model not only meets practical needs, but also symbolizes taste and status, so that drivers can feel the unique dignity and confidence in every trip. Xingyue L Zhiqing is undoubtedly a luxury SUV that can meet consumers’ expectations and exceed them.

Wang Jianlin could finally breathe a sigh of relief.

"Daily Economic News" reporter learned from the official website of Wanda Group that on December 12, Pacific Alliance Investment Group(PAG)And Dalian Wanda Business Management Group(Hereinafter referred to as Wanda Business Management)Joint announcement of the signing of a new investment agreement. PAG Investment Group will work with other investors to redeem its investment in Zhuhai Wanda Commercial Management Group upon the expiration of its investment redemption period in 2021(Hereinafter referred to as Zhuhai Wanda Business Management)And reinvest.

It is reported that the investment amount of existing investors in Zhuhai Wanda Commercial Management in August 2021 is about 38 billion yuan, of which the investment amount of PAG Investment Group is about 2.80 billion US dollars(About 18 billion RMB), Existing investors enjoy redemption rights in the original investment arrangement. According to the new agreement, Wanda Commercial Management holds 40% of the shares, which is the single largest shareholder. Several existing and new investor shareholders such as Pacific Alliance Investment Group participate in the investment, with a total shareholding of 60%. On the issue of listing, the new investment will no longer set up a gambling agreement.

This also means that there are 18 days left until the final IPO time.The gambling pressure of Wanda Commercial Management has been basically eliminated.

It is worth noting that,This investment is also a workout.Therefore, Wanda has also paid a certain proportion of the equity price.

First, exchange of equity for investor consent

For Wanda Commercial Management, by the end of 2023, the greatest pressure will be the arrival of the listing and betting period.

In August 2021, Wanda Commercial Management and Zheng Yutong family, Country Garden, CITIC Capital, Ant, Tencent, Pacific Alliance Investment Group and other 22 institutional investors signed a gambling agreement. The above investors invested about 38 billion yuan in Zhuhai Wanda Commercial Management, of which Pacific Alliance’s investment is about 2.80 billion US dollars(About 18 billion RMB)…

According to the gambling agreement, if Zhuhai Wanda Commercial Management fails to complete the listing work by the end of 2023, Wanda Commercial Management is obliged to repurchase shares from the above investors, and the repurchase amount exceeds 30 billion yuan.

According to the latest agreement signed between Pacific Alliance Investment Group and Wanda Commercial Management, upon the expiration of the investment redemption period in 2021, Wanda Commercial Management will be required to redeem the investment before Pacific Alliance Investment Group will cooperate with other investors to reinvest in Zhuhai Wanda Commercial Management.

Image source: Wanda Group official website

PAG is an Asia-focused private equity firm with a portfolio of private equity, real estate, and credit and markets investments. PAG’s more than 300 investment professionals are located in 15 offices around the world and manage more than $55 billion of assets for nearly 300 institutional fund investors worldwide.

An industry insider pointed out to every reporter that Zhuhai Wanda Commercial Management raised 38 billion yuan at the Pre-IPO price of 25 yuan per share. According to the gambling agreement, Wanda Commercial Management not only has to redeem 38 billion yuan, but also needs to pay 12% interest. One way to pay for this redemption is in cash, and the other way is equity replacement. From the current situation, Wanda is more likely to use equity replacement.

After the signing of this agreement, Zhuhai Wanda Commercial Management is 40% owned by Wanda Commercial Management, making it the single largest shareholder. Pacific Alliance Investment Group and several other existing and new investors have participated in the investment, with a total shareholding of 60%.

According to the prospectus updated on June 28, Zhuhai Wanda Commercial Management is currently owned by Wanda Commercial Management, Zhuhai Wanying, Yinchuan Wanda, the board of directors and senior management personnel, and investors, respectively, holding about 69.99%, 8.83%, 0.01%, 0.02%, and 21.17% of the shares. Among them, Zhuhai Wanying and Yinchuan Wanda are also wholly-owned subsidiaries of Wanda Commercial Management. According to this, Wanda Commercial Management jointly holds about 78.83% of Zhuhai Wanda’s shares.

This also means that,Wanda Commercial Management obtained investor consent in the form of equity replacement.However, the specific shareholding ratio of PAG and other institutional investors is not yet known.

In response to the signing of the new agreement, Wanda Commercial Management said that it will work with important shareholders such as Pacific Alliance Investment Group to further optimize the corporate governance of the company, maintain the stability of the management team, and jointly support the long-term development of the company. The new agreement also reflects investors’ high recognition of Zhuhai Wanda Commercial Management’s growth potential and its operating capabilities.

Since the above existing investors invested in 2021, Zhuhai Wanda Business Management has exceeded the performance target for three consecutive years, with after-tax income of 23.50 billion yuan in 2021, 27.10 billion yuan in 2022, and 27.10 billion yuan in 2023(Estimated)29.30 billion yuan, with an average annual growth of about 12%. After-tax profit is 5.30 billion yuan in 2021, 7.50 billion yuan in 2022, and 2023(Estimated)9.50 billion yuan, an annual growth rate of about 34%. In the past three years, Zhuhai Wanda Commercial Management has paid a total of about 10 billion yuan in taxes, and the dividends to shareholders are 4.60 billion yuan in 2021, 6.70 billion yuan in 2022 and 2023(Estimated)8.50 billion yuan.

As of November this year, Zhuhai Wanda Commercial Management operates 494 large commercial centers, of which 290 are commercial centers owned by Dalian Wanda and 204 are third-party asset-light commercial centers. In the past two years, the number of commercial centers managed by Zhuhai Wanda Commercial Management has increased from 417 to 494, an average annual growth rate of about 9%. Zhuhai Wanda Commercial Management is now the world’s largest commercial management company in terms of commercial area under management.

2. Selling items other than the "asset package" to activate cash flow

In fact, this year,In order to revive its cash flow, Wanda Group has sold its assets several times.

On July 23 this year, Wang Jianlin will film in Beijing(SZ002739, stock price 12.45 yuan, market value 27.133 billion yuan)The controlling shareholder of Beijing Wanda Investment Co., Ltd. transferred 49% of the shares to Shanghai Ruyi Investment Management Co., Ltd. for 2.262 billion yuan(Hereinafter referred to as Shanghai Ruyi)…

On December 6, Wanda Film announced again that the actual controller, Wang Jianlin, plans to transfer his 51% stake in Beijing Wanda Investment Co., Ltd. to Shanghai Ruyi.

Image Source: Wanda Film Announcement

On the same day, according to the surging news, Zhuhai Wanda Commercial Management revealed in the process of communication with investors that Wanda Group plans to sell its Wanda Plaza in first- and second-tier cities in exchange for liquidity, and is negotiating with insurance institutions.

This year, the sale of Wanda Plaza is not the first time. The most recent one was on October 8 this year, when Guangxi Hepu Wanda Plaza was sold to Guangxi Beihai local real estate enterprise Hepu Wanghe Real Estate Co., Ltd. According to public information, in April 2021, Wanda Plaza was stationed in Hepu, Beihai, and the project officially opened in January 2022. Hepu Wanda Plaza has also become Wanda’s first county Wanda Plaza in Guangxi.

The transfer of the project comes just a week after Wanda Commercial Management transferred a 100% stake in its Shanghai project, Shanghai Wanda Plaza Real Estate Co., Ltd. According to Qichacha, on September 28, Shanghai Wanda Plaza Real Estate Co., Ltd. underwent industrial and commercial changes. The original wholly-owned shareholder Wanda Commercial Management withdrew and added Shanghai Jiayuan Management Consulting Partnership(Limited Partnership)Wuhu Puyu Equity Investment Partnership(Limited Partnership)At the same time, the legal representative was changed from Zhang Jing to Fengshun, and the main personnel were also changed.

The Shanghai Jiayuan Management Consulting Partnership is held 90.91% by our investment holding limited liability company, and our life insurance joint stock company is indirectly held.

The Shanghai Zhoupu Wanda Plaza is also the fourth Wanda Plaza that PICC has taken over this year. In May this year, PICC took over three projects from Wanda Commercial Management: Shanghai Songjiang Wanda Plaza, Jiangmen Taishan Wanda Plaza and Qinghai Xining Wanda Plaza. In addition, China Huarong took over the Wanda Plaza project on Xinhan Street in Wuhan.

Every time the reporter combed the Zhuhai Wanda Business Management prospectus, he learned that,The above-mentioned project subject companies are not included in their listed assets under management.For example, Shanghai Wanda Plaza Real Estate Co., Ltd. does not appear in the prospectus, but a company named Shanghai Wanda Plaza Commercial Management Co., Ltd. appears.

This article is from the WeChat official account:Each property (ID: Real-estate-circle)Author: Chen Li, Editor: Wei Wenyi

"Hurricane" Douban rating continues to rise, from the opening score of 8.8 to now there have been more than 110,000 of the number of scores given 9.1 points! When the front foot was broadcast on CCTV eight sets, the audience rating exceeded 2.8%, and the back foot, only a few episodes were broadcast in Beijing Satellite TV 1.5 rounds, the audience rating also reached 0.97%, becoming the first local satellite TV audience rating!

Who would have thought that this was actually a TV show that had been broadcast four episodes faster on the Internet than before the TV series. In the latest update of the plot, the timeline was finally back on track. By 2021, An Xin, who was already white-haired and half-hunched, finally waited for the opportunity to get him justice and became the deputy leader of the anti-crime task force.

Just as the audience was gearing up to see how An Xin would compete with Gao Qiqiang for wits and courage, a person who made everyone play in an instant, this person who was called the worst actor in "Hurricane", appeared. This person was Gao Xiaochen, the stepson of Gao Qiqiang, and the actor was actually the son of Wu Gang, Yue Yang, who was in the same play to fight crime and evil!

As soon as Gao Xiaochen appeared in the adult version, the audience’s minds were buzzing. Why are you bluffing? He shouted out his lines at the top of his voice. Obviously, in the previous 20 episodes, he had been learning piano, mathematics, and memorizing words every day.

In this regard, everyone said that there is no shortage of relationship households, and the crew needs Wu Gang to be in town. He asked the director to bring his son in. In fact, people can understand that this is human nature. But the question is, Teacher Wu Gang is so good at acting, can he teach his son well? Since he came through the back door through relationships, if he wants to not be caught by others, his appearance and acting skills must be the same, right?

A similar situation didn’t just happen to Wu Gang and his son. Early last year, the explosive drama "The Beginning" made everyone feel the charm of Teacher Liu Yijun again. Just as everyone was convinced by the charm of Teacher Liu Yijun, someone suddenly exposed on the Internet that Liu Yijun touched the little hand of a fellow actor while singing.

This person was none other than Teacher Liu Yijun’s biological son. All of a sudden, Teacher Liu Yijun’s son attracted everyone’s attention, wanting to see if his son was as attractive as his father. However, in terms of appearance and acting skills, he was not as good as his father, but his resources were quite good.

The most miserable one was Chen Baoguo and his son. Chen Baoguo was a well-deserved old actor who had been in the entertainment industry for decades and didn’t have any black spots on his body.

"Old Chinese Medicine", "The Legend of Tiger Talisman", "The Invincible One", "The Style of the Strong", "The Invincible One", "The Old Farmer", "Mountains and Rivers Moonlight", "Old Tavern" and more than 10 TV dramas starring Chen Baoguo over the years, the son has always followed his father’s butt, but his acting has not kept up. Looking at Chen Baoguo, who has won two rounds of Grand Slam awards in Chinese TV dramas, now he is dedicated to his son, it is really sighing.

As parents, it would have been no problem to give their children a lot of help within their means, but seeing these old actors keep pulling their children but can’t help them up the wall has exposed the sad reality of the entertainment industry.

The first is that for a certain part of the old actors, they themselves are not strong capital, and they do not have many resources to shoot for their children casually. They can only use their own connections to let their children play supporting roles in the dramas they star in. The second is that compared with all walks of life, the entertainment industry earns the fastest money. In the beginning, many second-generation stars did not want their children to step into this industry, because they came through hardship, but now, society has been turned upside down. People in the entertainment industry will be confused, but not bitter. Becoming an actor has become the most comfortable and easiest way to make money.

　　Lin Qingxia became a big star because of "Outside the Window". (file picture)

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　　Song Cunshou, the director who co-starred Ms Lin in her debut film "Outside the Window", has died and his film retrospective is being prepared. Meanwhile, it is unexpectedly reported that the Taiwan copyright of the film "Outside the Window", which has been banned for 35 years, has been bought by Lin Qingxia half a year ago, so it is very likely that "Outside the Window" will see the light of day in 35 years.

　　Lin Qingxia also admitted to buying her debut film the day before yesterday. Regarding the screening, she said: "If Qiong Yao agrees, you can use it, and I have no problem." But she did not disclose the copyright of the film, saying only that it was "just meaning".

　　Ms. Qiong herself would not respond to suggestions that "Outside the Window" would be shown in theaters. "If it is a non-profit screening, to commemorate Song Cunshou, we will agree in principle," said Ping Xintao, editor of Crown magazine, where the novel was first published. "Otherwise, we will discuss it."

　　In addition to "Outside the Window," the list of films currently planned to be screened in the retrospective includes "Dawn Breaks," "Mother Thirty Years Old," "Ancient Mirror Ghost," "This Love Can Ask the Sky," and Song Cunshou’s last film, "Teacher Ska Ye Answer," which is expected to be screened after the memorial service in mid-June. The Golden Horse Awards also said that a section will be set up in this year’s awards ceremony to pay tribute to Director Song Cunshou.

　　　　

　Recently, Deng Chao appeared alone in Beijing to go out for fun. The tender Deng Chao provoked beautiful women to offer flowers.

　　　　Recently, Deng Chao appeared alone in Beijing, without the company of his girlfriend Sun Li. In just half a day, Deng Chao, who couldn’t stand loneliness, traveled to several major urban areas in Beijing, constantly changing entertainment venues, restaurants and hotels, and was accompanied by many beautiful female friends.

　　　　In the heat of the Beijing afternoon, Deng Chao, dressed in casual clothes, wore a pair of huge "Alalei" black-rimmed glasses and a T-shirt with a "red tie" printed on it. This dress obviously played a tender effect. After getting off the private car, he went straight into a cafe. The cool environment and fragrant coffee inside were enough to pass the afternoon. The sun went down, and Deng Chao, who had had enough afternoon tea, rushed to a Sichuan restaurant in a hurry. There were many young and beautiful women around the table, and more than a dozen people sat around a table. Deng Chao became the protagonist of the night, and even more female friends threw themselves at him and offered flowers. Although it was already late at night, Deng Chao and the others were still reluctant to part, hugging the beautiful women one by one and saying goodbye one by one. After watching everyone leave, they were carried back to the car by the two female friends around them and left.

Editor in charge: Li Dan