From 500 million pocket money to practicing, the number of Wang Sicong's investment map

WangSicong investment

xinlangcaijing· 2019-11-07 11:02:20

from 500 million to practice hand pocket money to the debtor breakdown Sicong investment territory

Author: segment Qianqian

Wanda Group Chairman Wang Jianlin's son Sicong already half a year does not publicly Voice, but this does not affect his time and again on the microblogging hot search list, such as the panda live bankruptcy, the capital of the Pusi Capital was frozen, and on November 6th "Wang Sicong was listed as the enforced by the court."

Unlike the lucky ones who can inherit the family business, Wang Sicong chose to cut into a new industry. He set up an investment institution called Pusi Capital. Pusi Capital mainly invests in fields such as culture and entertainment. So far, it has invested in companies or institutions such as Net Fish Net Cafe, Hero Mutual Entertainment, and IG E-sports Club.

Wang Sicong is the founder of China's e-sports market. With the IG winning the title, this investor with a gold spoon is ushered in another high-light moment in life, and the whole network is boiling. But after this, Wang Sicong was not very peaceful.

Puss capital investment scale exceeds 3 billion yuan

In 2009, Wang Jianlin said that Wang Sicong was unwilling to get involved in Wanda management, so he gave Wang Sicong 500 million yuan. Start a business. Wang Sicong, 21, established Pusi Capital.

Wang Sicong has publicly stated that for investment, "I want to know people who really have ideas, really creative people, can produce great products … … I don't want to go public, I don't want to Cash out, you can slowly choose the project you want to invest. If you have money, you can't hurry to get a return on investment. I don't rely on the company to make money to eat."

The official website shows that the current investment scale of Pusi Capital More than 3 billion yuan, investment cases include 32 fish net cafes, 360, heroes, entertainment, music games, public reviews, Renren, Halla Mountain, Global Digital, Rare Dental, Fushou Park and other 32 companies. From this point of view, Wang Sicong's investment scope covers games, live broadcast, e-sports, network security, catering, 3C digital, medical health and funeral services.

Qinxinbao information shows that in addition to the companies appearing on the official website, Pusi Capital has also invested in companies such as Youke Workshop. Wang Sicong is the legal representative of 9 companies, a shareholder in 33 companies, a senior executive in 34 companies, and an actual control over 108 companies.

From 2015 to 2017, Pusi Capital has invested a total of 48 foreign investments, but in 2019 there were only 6 foreign investments.

Heroes’ mutual entertainment was once a better investment by Wang Sicong. In September 2015, Wang Sicong participated in the increase of the mutual entertainment of the heroes of the New Third Board listed company. The investment amount was nearly RMB 100 million. In June 2016, Wang Sicong cleared the stock of heroes and mutual entertainment and obtained more than RMB 50 million.

In other investment projects, Yunyou Holdings and Fushouyuan invested by Pusi Capital were listed on the Hong Kong Stock Exchange in 2013, and the leading shares were listed on the GEM in 2015; Jiuhao Group was also invested by Pusi Capital. The company, the listed company, has received a ticket from the Shenzhen Stock Exchange. There are no Pusi Capital among the top ten shareholders of well-known companies such as 360, public comment and music tea games.

An investor in Shanghai told the First Financial News that Wang Sicong’s investment performance is very general. In the eyes of investors, Wang Sicong is not a professional investor. He never appears in venture capital activities. The label of playing coffee is hard to tear off.

In addition to Purs Capital, another important investment of Wang Sicong is the "Banana Project", which is mainly for the entertainment and entertainment industry. The banana program has signed the Korean girl group T-ara, and there are also trainees who debut through the variety show. .

Waterloo in 2019

In 2019, Wang Sicong, who was in the wind, welcomed the life of Waterloo.

In early March, Wang Sicong’s Panda Live announced on official Weibo that it would shut down the server. It may be difficult for the outside world to imagine that the bankruptcy of Panda Live is just the beginning.

In July this year, the "Ban Banana Program" main body Shanghai Banana Project Cultural Development Co., Ltd. had judicial assistance information. Wang Sicong’s shareholding of RMB 68.5 million was frozen. The freeze period was October 1519. Day until July 14, 2022. Not only the main body of the operation, Wang Sicong’s shares held in the “Banana Plan” company were frozen.

Wang Sicong’s shareholding date of Beijing Banana Plan Sports Culture Co., Ltd. is from October 18, 2019 to October 17, 2022, Shanghai Banana Project Entertainment Culture Co., Ltd., Shanghai Banana Project Television Culture Co., Ltd. The date of the equity freeze of Shanghai Banana Plan Video Game Co., Ltd. is from October 15, 2019 to October 14, 2022.

Wang Sicong has not spoken on Weibo for a long time. He suddenly set up Weibo for 6 months - this means that outsiders can no longer see the contents of his Weibo before, "Wang Sicong empties Weibo" once boarded Weibo hot search.

Wang Sicong once again boarded the hot search on November 6. According to China's implementation of the Information Disclosure Network, Wang Sicong was included in the list of executed persons, and the enforcement court was the Beijing No. 2 Intermediate People's Court. The filing time was November 4, 2019, and the execution target was about 151 million yuan.

Investing in e-sports development

It can be seen that Wang Sicong’s investment projects are mostly cultural and entertainment. Many e-sports practitioners told the First Financial News that Wang Sicong's early investment in e-sports promoted the development of China's e-sports industry and was the founder of the Chinese e-sports market.

In August 2011, Wang Sicong set about acquiring the CCM, a domestic first-line club that was on the verge of disbanding, and dug four members of the LGD Club to form the IG Club. Founded in May 2011, CCM Club has StarCraft II, League of Legends, DotA, and Warcraft 3 teams, but it is on the verge of bankruptcy in less than three months.

" At the beginning, when Wang Sicong was engaged in IG, no one was optimistic. He felt that he could not make any money. At that time, he must have burned money. But the team that did not burn money is not so hot now." An e-sports club The manager said to the First Financial.

After 7 years, on November 3, 2018, the IG Club League of Legends team defeated the Swedish Fnatic team with a score of 3:0 and won the first S-series of the Chinese team in the LPL. . The golden rain fell on the IG players holding the trophy, and the cheers spread from the game to Weibo and spread to the entire Internet.

An analyst told CBN that the income of e-sports professional players has changed in 2011. In this year, DOTA and League of Legends began to hold professional leagues, and the competition gradually standardized, and professional players began. With income, the second is that Wang Sicong takes the lead in investing. More and more capital enters the industry. With so much capital, there are so many players playing esports, and the fist company will put more resources into it, and the industry will have a healthy operation.

Before 2011, there were almost no formal clubs in the e-sports industry, and there were very few professional players. The top players such as Li Xiaofeng and others were embarrassed. But now the industry has improved, the top e-sports professional players earn more than 10 million yuan a year.

In the second half of 2019, the IG of the fascinating landscape failed to continue its glory.

Editor: 覃肄灵

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