Wanda Microcredit Equity "Goes on Sale" for Auction, Speeding up Industry Consolidation in Microcredit Sector.

Wang Jianlin's company's equity is placed on the "shelf" for the third time. Recently, Dalian Wanda Group Co., Ltd. entered the judicial auction process for 70% equity of Shanghai Wanda Small Loan Co., Ltd. The base price of the above-mentioned equity was 409 million yuan, which is nearly 60% of the appraisal value of 731 million yuan. Industry experts say that the small loan industry is moving from the stage of "quantity expansion" to the stage of "quality survival", and it remains uncertain whether Wanda Small Loan's equity can find a suitable buyer. In the future, the small loan industry needs to achieve "breakthroughs" through differentiation positioning and technological empowerment.