{"id":34106,"date":"2026-06-30T07:35:36","date_gmt":"2026-06-30T05:35:36","guid":{"rendered":"https:\/\/www.chinasmartbuy.com\/blog\/suning-wanda-sentenza-primo-grado-pagamento-residuo\/"},"modified":"2026-06-30T07:35:37","modified_gmt":"2026-06-30T05:35:37","slug":"suning-wanda-sentenza-primo-grado-pagamento-residuo","status":"publish","type":"post","link":"https:\/\/www.chinasmartbuy.com\/blog\/suning-wanda-sentenza-primo-grado-pagamento-residuo\/","title":{"rendered":"Suning.com ottiene una sentenza favorevole contro Wanda per 1,747 miliardi di yuan"},"content":{"rendered":"\n\n<style>\n  :root {\n    --red: #CC1B1B;\n    --red-light: rgba(204,27,27,0.08);\n    --red-mid: #e84040;\n    --accent-soft-bg: rgba(204,27,27,0.07);\n    --accent-soft-border: rgba(204,27,27,0.18);\n    --text: #1a1a1a;\n    --text-muted: #666;\n    --card: #ffffff;\n    --border: #ebebeb;\n    --page-bg: #ffffff;\n    --surface-soft: #fafafa;\n    --surface-contrast: #f0f0f0;\n    --line-soft: #f5f5f5;\n    --soft-label: #bbb;\n    --muted-label: #999;\n    --copy: #333;\n    --font-head: 'Bebas Neue', sans-serif;\n    --font-body: 'DM Sans', sans-serif;\n    --heading-spacing: 0.04em;\n    --heading-weight: 400;\n    --spec-header-spacing: 0.08em;\n    --quickfacts-shadow: 0 10px 24px rgba(15,23,42,0.06);\n  }\n  .fbp5-wrap,.fbp5-wrap * { box-sizing:border-box; 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}\n  .rh-offerbox-links { display:grid; grid-template-columns:repeat(auto-fit,minmax(220px,1fr)); gap:10px; }\n  .rh-offerbox-link { display:flex; align-items:center; justify-content:center; gap:8px; background:var(--red); color:#fff !important; text-decoration:none !important; border-radius:999px; padding:11px 16px; font-size:14px; font-weight:800; text-align:center; }\n  .rh-offerbox-link small { opacity:.82; font-size:11px; font-weight:700; }\n  .rh-offerbox-link svg { width:13px; height:13px; flex-shrink:0; }\n  .rh-offerbox-note { margin:14px 0 0; font-size:12px; line-height:1.55; color:var(--text-muted); }\n  .rh-offer-inline { margin:0; }\n  .rh-offer-inline-wrap { display:flex; align-items:center; justify-content:space-between; gap:16px; background:var(--surface-soft); border:1px solid var(--accent-soft-border); border-left:4px solid var(--red); border-radius:16px; padding:16px 18px; box-shadow:var(--quickfacts-shadow); }\n  .rh-offer-inline-kicker { font-size:10px; font-weight:800; 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gap:40px; }\n    .fbp5-section h2 { font-size:32px; }\n    .fbp5-scheda-row { flex-direction:column; }\n    .fbp5-scheda-key { width:100%; }\n    .rh-phonebox-header { padding:18px 16px; flex-direction:column; align-items:center; }\n    .rh-phonebox-hero { width:150px; height:200px; }\n    .rh-phonebox-highlights { grid-template-columns:repeat(2,minmax(0,1fr)); }\n    .rh-phonebox-colors { padding:16px; }\n    .rh-phonebox-section { grid-template-columns:1fr; }\n    .rh-phonebox-section-label { padding:14px 20px; border-right:none; border-bottom:1px solid var(--border); }\n    .rh-phonebox-section-values { padding:14px 20px; }\n    .rh-affbox-grid { grid-template-columns:1fr; }\n    .rh-affbox-col:not(:last-child) { border-right:none; border-bottom:1px solid var(--line-soft); }\n    .rh-affbox-cta { width:100%; }\n    .rh-downloadjump { align-items:flex-start; flex-direction:column; margin:-22px 0 0; }\n    .rh-downloadjump a { width:100%; }\n    .rh-downloadbox-head { flex-direction:column; }\n    .rh-downloadbox-link { width:100%; }\n    .rh-offerbox-head { flex-direction:column; }\n    .rh-offerbox-links { grid-template-columns:1fr; }\n    .rh-offer-inline-wrap { flex-direction:column; align-items:flex-start; }\n    .rh-offer-inline-cta { width:100%; }\n  }\n\n  \/* RH_FBP5_CARDS_CSS_V1 *\/\n  .fbp5-related-grid { display:grid; grid-template-columns:repeat(3,1fr); gap:14px; }\n  .fbp5-telegram-grid { grid-template-columns:repeat(2,1fr); }\n  .fbp5-related-card { display:block; overflow:hidden; border:1px solid var(--border,#ebebeb); border-radius:8px; background:var(--card,#fff); color:inherit !important; text-decoration:none !important; transition:transform .18s ease, box-shadow .18s ease, border-color .18s ease; }\n  .fbp5-related-card:hover { transform:translateY(-2px); border-color:rgba(204,27,27,.35); box-shadow:0 16px 36px rgba(18,18,18,.10); }\n  .fbp5-related-card img { display:block; width:100%; aspect-ratio:16\/9; object-fit:cover; background:var(--surface-soft,#fafafa); }\n  .fbp5-related-thumb-placeholder { width:100%; aspect-ratio:16\/9; display:flex; align-items:center; justify-content:center; background:linear-gradient(135deg,rgba(204,27,27,.10),rgba(204,27,27,.03)); color:var(--red,#CC1B1B); font-family:var(--font-head,'Bebas Neue',sans-serif); font-size:28px; letter-spacing:.04em; }\n  .fbp5-related-body { padding:12px; }\n  .fbp5-related-body span { display:block; margin:0 0 6px; color:var(--red,#CC1B1B); font-size:11px; font-weight:900; letter-spacing:.08em; text-transform:uppercase; }\n  .fbp5-related-body strong { display:block; font-size:15px; line-height:1.25; color:var(--text,#1a1a1a); }\n  .fbp5-related-body small { display:block; margin:7px 0 0; color:var(--text-muted,#666); font-size:13px; line-height:1.35; }\n  @media(max-width:720px) {\n    .fbp5-telegram-grid { grid-template-columns:1fr; }\n    .fbp5-related-grid:not(.fbp5-telegram-grid) { grid-template-columns:1fr; }\n    .fbp5-related-grid:not(.fbp5-telegram-grid) .fbp5-related-card { display:grid; grid-template-columns:112px minmax(0,1fr); align-items:stretch; }\n    .fbp5-related-grid:not(.fbp5-telegram-grid) .fbp5-related-card img,\n    .fbp5-related-grid:not(.fbp5-telegram-grid) .fbp5-related-thumb-placeholder { height:100%; min-height:92px; aspect-ratio:auto; }\n  }\n<\/style>\n<div class=\"fbp5-wrap rh-json-article\" id=\"rh-article-mr07qj29-pcwyx\" data-rh-article-type=\"news\" data-rh-site-profile=\"china-smart-buy\">\n  <div class=\"fbp5-intro\">\n    \n    <p>Suning. com ha comunicato di aver ottenuto una sentenza di primo grado favorevole nella causa contrattuale contro Dalian Wanda Group. Il Tribunale intermedio di Nanchino ha disposto il pagamento di <strong>1,747 miliardi di yuan<\/strong> a favore di Suning. com, oltre alle relative perdite per il ritardo nel pagamento.<\/p><p>La decisione non \u00e8 ancora definitiva perch\u00e9 il caso si trova nel periodo utile per l&#8217;appello. Per questo l&#8217;impatto effettivo sui conti della societ\u00e0 resta ancora da valutare, anche se il verdetto rappresenta un passaggio importante in una controversia che va avanti dal 2018.<\/p>\n  <\/div><figure class=\"wp-block-image size-large\" style=\"margin:18px 0;display:block;clear:both;width:100%;position:relative;z-index:1\"><a href=\"https:\/\/www.chinasmartbuy.com\/blog\/wp-content\/uploads\/2026\/06\/suning-com-3b057efa-9a3a-46be-ba5e-7925-1iqk5lj2cm.webp\" target=\"_blank\" rel=\"noopener\" style=\"display:block;width:100%;position:relative;z-index:2;pointer-events:auto;cursor:zoom-in\"><img decoding=\"async\" src=\"https:\/\/www.chinasmartbuy.com\/blog\/wp-content\/uploads\/2026\/06\/suning-com-3b057efa-9a3a-46be-ba5e-7925-1iqk5lj2cm.webp\" alt=\"\u4e07\u8fbe\u88ab\u5224\u5411\u82cf\u5b81\u6613\u8d2d\u652f\u4ed8 17.47 \u4ebf\u5143\" loading=\"lazy\" style=\"display:block;max-width:100%;height:auto;margin:0 auto;pointer-events:auto\"><\/a><\/figure>\n  \n\n      <section class=\"fbp5-section\">\n        <div class=\"fbp5-section-label\">Contenzioso<\/div>\n        <h2>La sentenza di primo grado ordina a Wanda il pagamento del <span>residuo dovuto<\/span><\/h2>\n        <p>Nel procedimento avviato da Suning. com e dalla controllata Suning International, il tribunale ha ordinato a Wanda Group di versare il residuo di <strong>1,747 miliardi di yuan<\/strong>, pari a circa 224 milioni di euro, oltre ai danni legati al differimento del pagamento. La societ\u00e0 ha chiarito che la sentenza non \u00e8 ancora efficace in via definitiva e che l&#8217;esito dell&#8217;eventuale fase esecutiva rimane incerto.<\/p><p>Suning. com ha inoltre ribadito che continuer\u00e0 a tutelare i propri interessi attraverso strumenti legali, incluse ulteriori azioni giudiziarie e arbitrali, anche in relazione alle contestazioni di inadempimento e responsabilit\u00e0 nei confronti di Wanda Group e Wanda Commercial Management.<\/p>\n        <ul class=\"fbp5-bullet-list\"><li>Il tribunale ha riconosciuto a Suning.com il diritto al pagamento del capitale residuo.<\/li><li>Alla somma principale si aggiungono le perdite da ritardato pagamento.<\/li><li>La decisione \u00e8 in <strong>fase di appello potenziale<\/strong> e non \u00e8 ancora definitiva.<\/li><\/ul>\n        <div class=\"rh-quickfacts-grid\">\n      <div class=\"rh-quickfacts-card\">\n        <div class=\"rh-quickfacts-label\">Importo disposto<\/div>\n        <div class=\"rh-quickfacts-value\">1,747 miliardi di yuan<\/div>\n      <\/div>\n    \n      <div class=\"rh-quickfacts-card\">\n        <div class=\"rh-quickfacts-label\">Conversione indicativa<\/div>\n        <div class=\"rh-quickfacts-value\">circa 224 milioni di euro<\/div>\n      <\/div>\n    \n      <div class=\"rh-quickfacts-card\">\n        <div class=\"rh-quickfacts-label\">Autorit\u00e0 giudiziaria<\/div>\n        <div class=\"rh-quickfacts-value\">Tribunale intermedio di Nanchino<\/div>\n      <\/div>\n    <\/div>\n        <div class=\"fbp5-highlight\">Il punto pi\u00f9 concreto della vicenda \u00e8 il riconoscimento giudiziale del pagamento residuo, ma la partita non \u00e8 chiusa finch\u00e9 non scadono o si esauriscono i passaggi di appello.<\/div>\n        <div class=\"fbp5-info\">L&#8217;effetto sui risultati finanziari di Suning. com non pu\u00f2 ancora essere determinato con precisione.<\/div>\n        \n      <div class=\"fbp5-scheda\">\n        <div class=\"fbp5-scheda-header\">Dati chiave della decisione<\/div>\n        \n          <div class=\"fbp5-scheda-row\">\n            <div class=\"fbp5-scheda-key\">Parte ricorrente<\/div>\n            <div class=\"fbp5-scheda-val\">Suning.com e Suning International<\/div>\n          <\/div>\n        \n          <div class=\"fbp5-scheda-row\">\n            <div class=\"fbp5-scheda-key\">Parte convenuta<\/div>\n            <div class=\"fbp5-scheda-val\">Dalian Wanda Group<\/div>\n          <\/div>\n        \n          <div class=\"fbp5-scheda-row\">\n            <div class=\"fbp5-scheda-key\">Stato del procedimento<\/div>\n            <div class=\"fbp5-scheda-val\">Sentenza di primo grado<\/div>\n          <\/div>\n        \n          <div class=\"fbp5-scheda-row\">\n            <div class=\"fbp5-scheda-key\">Ulteriore importo previsto<\/div>\n            <div class=\"fbp5-scheda-val\">Perdite per ritardo nel pagamento<\/div>\n          <\/div>\n        \n      <\/div>\n    \n      <\/section>\n    \n\n      <section class=\"fbp5-section\">\n        <div class=\"fbp5-section-label\">Origine<\/div>\n        <h2>La disputa nasce dall&#8217;investimento strategico <span>firmato nel 2018<\/span><\/h2>\n        <p>L&#8217;origine del contenzioso risale al 29 gennaio 2018, quando Suning. com, Wanda Group e Wanda Commercial Management firmarono un accordo di cooperazione strategica. In base a quell&#8217;intesa, Suning. com invest\u00ec <strong>9,5 miliardi di yuan<\/strong> per acquistare circa il 3,91% di Wanda Commercial Management e destin\u00f2 il capitale residuo all&#8217;acquisto di ulteriori quote trasferite da Wanda Group.<\/p><p>Negli anni successivi, la riorganizzazione di Wanda Commercial Management e il tentativo di quotazione non andato a buon fine hanno innescato il contenzioso. Suning. com ha sostenuto che fossero maturate le condizioni previste dall&#8217;accordo per il riacquisto delle quote, ma che tale riacquisto non sia stato eseguito nei termini concordati.<\/p>\n        <ul class=\"fbp5-bullet-list\"><li>Investimento iniziale di <strong>9,5 miliardi di yuan<\/strong>, pari a circa 1,22 miliardi di euro.<\/li><li>Quota finale detenuta da Suning.com: circa 4,02% di Wanda Commercial Management.<\/li><li>Il nodo centrale riguarda l&#8217;attivazione della clausola di riacquisto delle azioni.<\/li><\/ul>\n        <div class=\"rh-quickfacts-grid\">\n      <div class=\"rh-quickfacts-card\">\n        <div class=\"rh-quickfacts-label\">Data dell&#8217;accordo<\/div>\n        <div class=\"rh-quickfacts-value\">29 gennaio 2018<\/div>\n      <\/div>\n    <\/div>\n        <div class=\"fbp5-highlight\">La causa attuale \u00e8 il riflesso diretto di un investimento strategico molto rilevante, costruito in una fase in cui Wanda puntava a nuove operazioni sul mercato dei capitali.<\/div>\n        <div class=\"fbp5-info\">I successivi tentativi di quotazione di Wanda Commercial Management e della struttura creata a Zhuhai non sono andati a buon fine nei tempi previsti.<\/div>\n        \n      <div class=\"fbp5-scheda\">\n        <div class=\"fbp5-scheda-header\">Struttura dell&#8217;operazione del 2018<\/div>\n        \n          <div class=\"fbp5-scheda-row\">\n            <div class=\"fbp5-scheda-key\">Valore dell&#8217;investimento<\/div>\n            <div class=\"fbp5-scheda-val\">9,5 miliardi di yuan<\/div>\n          <\/div>\n        \n          <div class=\"fbp5-scheda-row\">\n            <div class=\"fbp5-scheda-key\">Societ\u00e0 coinvolta<\/div>\n            <div class=\"fbp5-scheda-val\">Wanda Commercial Management<\/div>\n          <\/div>\n        \n          <div class=\"fbp5-scheda-row\">\n            <div class=\"fbp5-scheda-key\">Controparte aggiuntiva<\/div>\n            <div class=\"fbp5-scheda-val\">Wanda Group<\/div>\n          <\/div>\n        \n          <div class=\"fbp5-scheda-row\">\n            <div class=\"fbp5-scheda-key\">Tipo di intesa<\/div>\n            <div class=\"fbp5-scheda-val\">Accordo di cooperazione strategica con trasferimento di quote<\/div>\n          <\/div>\n        \n      <\/div>\n    \n      <\/section>\n    \n\n      <section class=\"fbp5-section\">\n        <div class=\"fbp5-section-label\">Scenario<\/div>\n        <h2>Tra arbitrato e conti in calo, Suning.com continua a cercare il <span>recupero delle somme<\/span><\/h2>\n        <p>Nel 2024 Suning. com aveva gi\u00e0 chiesto in arbitrato che Wanda Group e la propria controllata rimborsassero <strong>5,041 miliardi di yuan<\/strong> come corrispettivo di riacquisto delle quote, con richiesta di responsabilit\u00e0 solidale anche per Wanda Commercial Management. Nel 2025, per\u00f2, la societ\u00e0 ha comunicato che tale domanda arbitrale non \u00e8 stata accolta.<\/p><p>Parallelamente, il gruppo continua a lavorare sulla riduzione del debito e sulla focalizzazione nel business principale di elettrodomestici e prodotti 3C. I dati diffusi per il 2025 indicano ricavi pari a 48,958 miliardi di yuan, in calo del 13,79% su base annua, e un utile netto attribuibile agli azionisti di 58,14 milioni di yuan, in discesa del 90,48%.<\/p>\n        <ul class=\"fbp5-bullet-list\"><li>Richiesta arbitrale precedente: <strong>5,041 miliardi di yuan<\/strong>, circa 647 milioni di euro.<\/li><li>L&#8217;arbitrato per il riacquisto immediato delle quote non \u00e8 stato accolto.<\/li><li>Suning.com conferma la strategia di riduzione del debito e concentrazione sul core business.<\/li><\/ul>\n        <div class=\"rh-quickfacts-grid\">\n      <div class=\"rh-quickfacts-card\">\n        <div class=\"rh-quickfacts-label\">Ricavi 2025<\/div>\n        <div class=\"rh-quickfacts-value\">48,958 miliardi di yuan<\/div>\n      <\/div>\n    \n      <div class=\"rh-quickfacts-card\">\n        <div class=\"rh-quickfacts-label\">Variazione ricavi<\/div>\n        <div class=\"rh-quickfacts-value\">-13,79% su base annua<\/div>\n      <\/div>\n    \n      <div class=\"rh-quickfacts-card\">\n        <div class=\"rh-quickfacts-label\">Utile netto 2025<\/div>\n        <div class=\"rh-quickfacts-value\">58,14 milioni di yuan<\/div>\n      <\/div>\n    <\/div>\n        <div class=\"fbp5-highlight\">La sentenza favorevole arriva in una fase delicata per Suning. com, che continua a ristrutturare il gruppo e a difendere liquidit\u00e0 e diritti contrattuali.<\/div>\n        <div class=\"fbp5-info\">Il contenzioso con Wanda resta quindi un dossier aperto sia sul piano giudiziario sia su quello finanziario.<\/div>\n        \n      <div class=\"fbp5-scheda\">\n        <div class=\"fbp5-scheda-header\">Quadro finanziario e legale<\/div>\n        \n          <div class=\"fbp5-scheda-row\">\n            <div class=\"fbp5-scheda-key\">Domanda arbitrale<\/div>\n            <div class=\"fbp5-scheda-val\">5,041 miliardi di yuan<\/div>\n          <\/div>\n        \n          <div class=\"fbp5-scheda-row\">\n            <div class=\"fbp5-scheda-key\">Esito arbitrato<\/div>\n            <div class=\"fbp5-scheda-val\">Richiesta non supportata<\/div>\n          <\/div>\n        \n          <div class=\"fbp5-scheda-row\">\n            <div class=\"fbp5-scheda-key\">Business prioritario<\/div>\n            <div class=\"fbp5-scheda-val\">Elettrodomestici e prodotti 3C<\/div>\n          <\/div>\n        \n          <div class=\"fbp5-scheda-row\">\n            <div class=\"fbp5-scheda-key\">Obiettivo dichiarato<\/div>\n            <div class=\"fbp5-scheda-val\">Riduzione del debito e dismissione di attivit\u00e0 non core<\/div>\n          <\/div>\n        \n      <\/div>\n    \n      <\/section>\n    \n<section class=\"fbp5-section\" data-rh-related-section=\"1\">\n      <div class=\"fbp5-section-label\">Articoli correlati<\/div>\n      <h2>Altre notizie <span>da leggere<\/span><\/h2>\n      <div class=\"fbp5-related-grid\"><a class=\"fbp5-related-card\" 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rgba(249,115,22,.20);box-shadow:0 8px 22px rgba(249,115,22,.08)\">Via<\/a><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Suning. com ottiene una sentenza di primo grado contro Wanda: disposto il pagamento di 1,747 miliardi di yuan pi\u00f9 le perdite da ritardo.<\/p>\n","protected":false},"author":9,"featured_media":34105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_yoast_wpseo_focuskw_text_input":"sentenza Suning Wanda","footnotes":""},"categories":[480],"tags":[],"class_list":["post-34106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":8}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Suning.com ottiene una sentenza 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