Corporate Profile
Dalian Wanda Group was founded in 1988 and operates in four major industries - commercial property, luxury hotels, culture & tourism, and department stores. In 2013, the company’s assets totaled 380 billion yuan ($62.8 billion), its annual income reached 186.6 billion yuan ($30.8 billion) and net profits exceeded 12.5 billion yuan ($2.06 billion).
Commercial Properties
Wanda Commercial Properties is a forerunner in the field of commercial real estate. Currently, there are 98 Wanda Plazas across China, with a total lettable area of 17.04 million square meters, ranking second in the world. Wanda Commercial Properties has established the first and only Business Planning Institute in China, as well as its own commercial property construction team and business management company. The above resources have helped Wanda Commercial Properties to form a complete industry chain and maintain the leading position in an immensely competitive industry.
Hotel Development and Management
Wanda Hotels & Resorts has opened 60 five-star and super five-star hotels. The company owns three hotel brands - the five-star Wanda Realm, the luxury five-star Wanda Vista and the super luxury five-star Wanda Reign.
Cultural Industry
The Wanda Culture Industry Group is China’s largest cultural enterprise, with registered capital totaling 5 billion yuan ($800 million), 44 billion yuan ($7 billion) in total assets and annual revenue of 25.5 billion yuan ($4 billion) in 2013. The group operates in 10 arenas: cinemas, film production, film industry parks, performing arts, film technology entertainment, theme parks, franchise entertainment, print media, and art investment and travel. It now operates 1,247 film screens and 89 KTVs.
Department Stores
Wanda now operates 84 department stores in major cities such as Beijing, Shanghai, Chengdu and Wuhan.
Achievements
- China’s premier commercial real estate brand - Wanda Plaza
- China’s largest property owner - 17.04 million square meters
- China’s largest cultural enterprise - 25.5 billion yuan revenue in 2013
- China’s largest scale investment for cultural tourism project - Wuhan Central Culture District
- China’s largest culture industry overseas acquisition - 2.6 billion acquisition of AMC
- China’s first luxury hotel management company - Wanda Hotels and Resorts
- Created most new jobs among China enterprises - 100,000 per year
- China’s best corporate training center - Wanda Institute
- Asia’s best ski resort - Wanda Changbaishan International Resort
- Asia’s largest business management company - Wanda Business Management Co Ltd
- World’s only indoor film theme park - Wanda Wuhan Film Theme Park
- World’s largest cinema chain operator - Over 500 cinemas
- World’s first audience-performer interactive show - Han Show
- World’s first large scale cultural tourism complex - Wanda Cultural Tourism City
Goals
- Wanda Group
- Commercial Real Estate
- Luxury Hotels
- Culture Group
- Department Stores
Become a world leading company by 2015 and a truly iconic and international Chinese brand.