Will Fenghua Wanda go bankrupt?

There is no specific information to confirm whether Fenghua Wanda Studios will close down. Wanda Studios is one of the famous domestic offline cinema brands under Wanda Group, and has many cinemas all over the country. The operating environment of the cinema market is affected by the COVID-19 epidemic, and the short-term operating pressure is great. Some cinemas may have some difficulties. However, at any time, the operation of enterprises involves many factors, including market competition and consumer demand. And can't simply judge the possibility of bankruptcy. In addition, Wanda Group is also one of the largest commercial real estate developers in China, with many high-quality projects, so the overall financial situation of the company should be relatively stable.