Wanda Group photo:VCG

Dalian Wanda Group and its legal representative Wang Jianlin have been restricted from high-value consumption after a restriction order was issued on Friday, according to a chinanews.com report on Sunday, citing information from corporate information platform Tianyancha. 

This development comes as the company and its subsidiaries, including Wanda Real Estate Group Co, face significant financial challenges, including a forced execution of 186 million yuan ($28 million), reported Beijing Daily on Sunday.

The Dalian Wanda Group has been added to the list of parties subject to enforcement exceeding 400 million yuan, according to zxgk.sccourt.gov.cn, an online information platform established by the Supreme People's Court. The enforcement court is the Beijing Financial Court, and the case was filed on September 8, 2025, the Paper.cn reported on Sunday.

Case records show that case number  was filed on July 16, 2025, with the Lanzhou Intermediate People's Court in Gansu Province as the executing court. The execution target is 186 million yuan, and the case was filed on July 16, 2025. The parties subject to execution include Dalian Wanda Group Co, Wuhan Wanda Cultural Tourism Real Estate Co, Wuhan Chuhe Hanjie Cultural Tourism Investment Co, Wanda Real Estate Group Co and individuals surnamed Wang, Qu and Liu, according to the chinanews.com.

Founded in September 1992, Dalian Wanda Group lists Wang Jianlin as its legal representative and has registered capital of 100 million yuan. Its business scope includes commercial real estate, hotel construction investment and operation, chain department stores and operation, cinema chain investment and operation.

Shareholder records shows that the company is jointly owned by Dalian Hexing Investment Co and Wang Jianlin, according to the chinanews.com.

In addition to the equity freeze, Dalian Wanda Group Co has 10 other enforcement cases involving individuals, with a total amount of 5.26 billion yuan. In recent years, Wanda has been selling assets to ease cash pressure, said the chinanews.com report.


Global Times