Malcolm Clarke-directed “Wanda in 30 Years” Documentary Starts ShootingDec
On December 5, a documentary movie celebrating Wanda’s 30th anniversary started shooting. Directed by internationally celebrated documentary director Malcolm Clarke, a two-time Oscar winner and 16-time Emmy winner, the documentary will be released globally in 2018.Atletico Madrid's New Stadium Named After Wanda, Making Sponsorship HistoryDec
On December 9, Wanda Group and Atletico Madrid signed an agreement in Beijing to name Atletico Madrid's new stadium “Wanda Metropolitano” for 15 years, marking the first time a top international football club is named after a Chinese company. The new stadium will be opened next year.Wanda Adds RMB 100 Billion of Investments in Hunan, Will Establish Changsha Wanda CityNov
On November 11, Wanda Group signed a strategic cooperation agreement with Hunan provincial government and Changsha municipal government. Wanda Group will add RMB 100 billion of investments in Hunan to develop Wanda City and Wanda Plaza projects in the province. As part of the investments, it will invest RMB 60 billion in Changsha, including a RMB 50 billion Wanda City. In addition, Wanda Group will organize world-class sports events in Hunan.Wanda Signs RMB 100 Billion Deal to Build Xi’an Wanda CityNov
On November 16, Shaanxi provincial government and Wanda Group signed a strategic agreement on comprehensive cooperation. According to the agreement, Wanda will add RMB 103 billion to its existing investments in Shaanxi. The most prominent part is the investment of RMB 50 billion in a new Wanda City in Xi’an. Wanda Group will carry out comprehensive cooperation with Shaanxi province through its four major business groups, including commercial property, culture, network and finance groups, in coordination with China’s “Belt and Road Initiative”, to inject new impetus into Shaanxi’s economic transformation and modern service development.Wanda Cultural Industry Group Will Merge Tourism Unit into LY.comOct
On October 9, Wanda Cultural Industry Group and LY.com jointly announced that Wanda Cultural Industry Group’s subsidiary Beijing Wanda Tourism Investment Co., Ltd. will merge into LY.com to form China’s largest tourism agency and maximize the benefits of O2O development.Wanda Sets up Network Technology Group in Major ReorganizationOct
On October 13, Wanda Network Technology Group was officially established in Shanghai in a new major reorganization of Wanda Group. Wanda Group has reorganized its business empire from the three business areas of commercial property, culture and finance into four industry groups dedicated to commercial property, culture, network and finance, in furtherance of its comprehensive transformation into a modern service group.Wang Jianlin Wins Chinas’ Inaugural Top Award for Poverty Alleviation InnovationOct
On October 16, Wanda Group Chairman Wang Jianlin was presented the Award for Innovation at the inaugural award ceremony of China’s National Awards for Poverty Alleviation held in Beijing, in recognition of Wanda Group’s precision poverty relief program in Danzhai.Wang Jianlin Talks about China Opportunity for World Movie in Los Angeles SpeechOct
On October 17 U.S. local time, Wanda Group Chairman Wang Jianlin made a keynote speech on “China Opportunity for World Movie” at the China Film Summit in Los Angeles. In his speech, Mr. Wang predicts that China’s box office will see a 15% growth rate per year for the next ten years. Hollywood can strengthen cooperation with Chinese companies to share in the pie of China growth and the Qingdao Oriental Movie Metropolis project, in particular, will create a lot of opportunities for Hollywood, he said.Hefei Wanda City Opens, Highlights Anhui CultureSep
On September 24, Hefei Wanda City opened, becoming the second Wanda City to be opened in this year, and Wanda’s fifth large cultural tourism project in operation. With cutting-edge amusement facilities, diverse ways of indoor and outdoor entertainment, distinctive elements of Anhui culture, and enchanting mountain and water scenery, Hefei Wanda City offers all-new tourism experiences to visitors.Wanda Establishes Owned Media Union for New Paradigm of Corporate CommunicationsSep
On September 25, the Inaugural Meeting of Wanda Owned Media Union & Owned Media Summit took place in Hefei Wanda City, attended by Wanda representatives, and the representatives of 100 owned media based on six major owned media platforms including WeChat and QQ, and representatives of companies including Legend Holdings. At the event, Wanda Group together with 100 social owned media announced the establishment of Wanda Owned Media Union.Wanda Becomes Exclusive Commercial Partner of BWFSep
On September 30, Wanda Group and Badminton World Federation (BWF) jointly announced in Beijing that Wanda Group’s subsidiary Infront Sports & Media has become the exclusive commercial partner of BWF with the commercial development rights for all BWF games from 2017 to 2025. This marks Wanda's latest cooperation with an international sports organization following its existing cooperation with nine international sports organizations including FIFA, International Basketball Federation (FIBA) and International Skating Union (ISU).Jinan Wanda City Signed, Will Be World’s First Large Complex of Culture, Tourism, Sports and CommerceAug
On August 26, Wanda Group signed an agreement with Jinan municipal government to invest RMB 63 billion to develop Jinan Wanda Cultural, Sports and Tourism City, becoming Wanda’s 13th super-size cultural and tourism project in China. In addition to cultural, tourism and commercial functions, Jinan Wanda City will feature a sports theme for the first time, marking the widest-ranging Wanda City project to date.AMC Acquires Europe’s Largest Cinema Line as Wanda Expands GloballyJul
On July 12, Wanda Group’s U.S. subsidiary AMC announced its acquisition of Europe’s largest cinema line Odeon & UCI for GBP 921 million, roughly 9 times its EBITDA, in a new big move following AMC’s acquisition of Carmike Cinemas. It was also Wanda’s first acquisition in the Europe cinema line industry, truly establishing Wanda as a global film heavyweight.China’s First International Football Championship to Take PlaceJul
On July 13, Wanda Group announced at a signing ceremony in Beijing that the China Cup International Football Championship approved by Chinese Football Association (CFA), Asian Football Confederation, and FIFA, sponsored by CFA and Wanda Sports, and organized by the Sports Bureau of Guangxi Zhuang Autonomous Region and Nanning municipal government, will take place in Nanning, Guangxi, from January 9 to 16, 2017.Wanda Group Breaks into Fortune Global 500 and Receives Special CoverageJul
Wanda Group got into the Fortune Global 500 list in 385th place with USD 27.376 billion of revenues in 2015, entering the list for the first time and joining the ranks of the world’s largest companies, according to the latest Fortune rankings released on July 20. The Fortune Global 500 is the most renowned, authoritative barometer of the world's largest companies.Wanda Cinema Line Begins Online Foray with Acquisition of MtimeJul
On July 27, Wanda Cinema Line Co., Ltd. released an announcement of its plan to wholly acquire Mtime.com, China’s leading movie media and e-ticketing portal, unlocking the online platform domain of Wanda's film ecosphere.Wanda Becomes Exclusive Commercial Partner of FIBAJun
On June 16, Wanda Group’s subsidiary Wanda Sports Holding signed a strategic cooperation agreement with FIBA in Beijing, becoming the latter’s exclusive global commercial development partner. This deal has added a new core international sports asset to Wanda’s sports portfolio after its gains in football, ice sports and Triathlon, further consolidating and expanding Wanda’s leading position in the world sports sector.Wanda Group and Jiangxi Province Sign Strategic Cooperation Framework AgreementMay
On May 27, Wanda Group and Jiangxi provincial people’s government signed a strategic cooperation framework agreement at a signing ceremony in Nanchang. According to the agreement, the two sides will carry out cooperation in urban development across Jiangxi province and strengthen exchanges and cooperation in culture, sports and tourism. On the basis of its existing RMB 50 billion of investments in Jiangxi, Wanda Group will add RMB 80 billion of investments in the province.First Wanda City Opens in Nanchang as Wanda gears to Build New International Brand of Cultural TourismMay
On May 28, Wanda’s first super-size cultural tourism project under the Wanda City brand, Nanchang Wanda City, opened in Nanchang, Jiangxi province. With its rich formats, innovative model and competitive products, the project has positioned Wanda City strongly as a new international brand of cultural tourism.Wang Jianlin Named among 2016 FORTUNEChina China’s 50 Most Influential Business LeadersApr
Wanda Group Chairman got into the 2016 list of “China’s 50 Most Influential Business Leaders” released by FORTUNEChina on April 14.
Wanda Invests RMB 130 Billion in Shandong for 39 Wanda Plaza and Cultural Tourism ProjectsDec
On December 14, Wanda Group and Shandong provincial government signed a strategic cooperation agreement. According to the agreement, Wanda Group will add RMB 130 billion of investments to develop 38 Wanda Plazas and one cultural tourism project in Shandong, bringing its total investment in Shandong to RMB 230 billion, and making Shandong the largest province for Wanda investments.Wanda Group Wins 2015 “Best HR Strategy Award”Dec
Wanda Group was recognized with the “2015 Best HR Strategy” award at the 2015 “China Top 100 HR Exemplary Enterprises” award ceremony organized by 51job.com, China’s largest HR service provider.Wanda Wins “China Best Employer Award” for the 4th Consecutive YearDec
Wanda Group won the 2015 China Best Employer Award jointly conferred by the PKU Research Center for CSR and Employer Brand Communications and Zhaopin.com, marking the fourth consecutive year it has won the award since 2012.Wanda’s AMC Acquires Starplex CinemasDec
Wanda Film Holdings’s subsidiary AMC, the second largest cinema line in the U.S., announced on December 16 Kansas local time that it had completed the acquisition of American cinema line Starplex Cinemas. The latter has 33 movie theaters and 346 screens in 12 states across the U.S. The acquisition will expand AMC’s presence in the U.S.’ large and medium-sized cities and some small cities.Wang Jianlin Named among 2015 Bloomberg Markets 50 Most InfluentialOct
Wanda Group Chairman Wang Jianlin was named among 2015 Bloomberg Markets 50 Most Influential, ranking 37th, according to the list released on October 5.Wanda Group and Suning Commerce Sign Cooperation AgreementSep
On September 6, Wanda Group and Sunning Commerce signed a cooperation agreement in Beijing. According to the agreement, Suning will open physical outlets at existing and future Wanda Plazas. The two parties determined 40 projects in the first batch of cooperation.Wanda Group Invests RMB 120 Billion in Henan ProvinceSep
On September 11, Wanda Group and Henan provincial government signed a strategic cooperation agreement in Zhengzhou. According to the agreement, Wanda Group will invest RMB 120 billion to develop more than 16 Wanda Plaza and cultural tourism projects in Henan province in the coming five years.Wanda Group and SPDB Sign Strategic Cooperation AgreementSep
On September 22, Wanda Group and Shanghai Pudong Development Bank (SPDB) signed a strategic cooperation agreement in a signing ceremony at SPDB headquarters attended by Wanda Group Chairman Wang Jianlin and SPDB chairman Ji Xiaohu.Wanda Group Invests RMB 95 Billion in Yunnan for 19 Wanda Plazas and 1 Cultural Tourism ProjectSep
On September 26, Wanda Group and Yunnan provincial government signed a cooperation agreement. According to the agreement, Wanda Group will invest RMB 95 billion to develop 19 Wanda Plazas and one cultural tourism project in Yunnan province in the coming four years.Wanda Group Acquires World Triathlon CorporationAug
On August 27, Wanda Group acquired a 100% stake in World Triathlon Corporation for USD 650 million, marking the first time that a Chinese company has owned an international top sports event and a milestone event in China’s sports industry. With the acquisition, Wanda Sports has become the world’s largest sports company.Wanda Culture Industry Group Leads Investment in LY.comJul
On July 3, Wanda Cultural Industry Group led an investment in LY.com with a contribution of RMB 3.58 billion.Crowdfunding Product “Sure Return No. 1” Sets Record in Global Crowdfunding IndustryJun
On June 16, Wanda Group launched its first internet finance product — crowdfunding “Sure Return No. 1”, which was sold out within three days and raised RMB 5 billion, setting a record in the global crowdfunding industry.Wanda Group Invests RMB 150 Billion in ChongqingMay
On May 21, Wanda Group signed a strategic cooperation agreement with Chongqing municipal government to invest a total of RMB 150 billion to develop one super-size Wanda Cultural Tourism City and 28 Wanda Plazas in Chongqing.Chairman Wang Jianlin Attends 65th FIFA CongressMay
On May 28, Wanda Group Chairman Wang Jianlin attended the 65th FIFA Congress held in Zurich, Switzerland, receiving an unprecedented deferential treatment as the only non-FIFA representative to attend the congress.Wanda Signs Agreement for Wanda Cultural Tourism City in DujiangyanApr
On April 3, Wanda Group and Chengdu municipal government signed a project investment framework agreement. According to the agreement, Wanda Group will invest RMB 53 billion to develop Wanda Cultural Tourism City in Dujiangyan, Chengdu.Wanda Group Invests RMB 120 Billion in LiaoningApr
On April 21, Wanda Group signed a strategic cooperation agreement with Liaoning provincial government to invest a total of RMB 120 billion to develop 19 Wanda Plazas and one Wanda Cultural Tourism City in the Liaoning.Chairman Wang Jianlin Becomes Richest Man in Chinese MainlandMar
On March 2, Forbes released its 2015 list of “500 Richest People in the World”. Wanda Group Chairman ranked 29th with a fortune of USD 24.2 billion, becoming the richest man in the Chinese mainland and holding the highest spot ever attained by a Chinese mainland billionaire in the list.U.S. President Obama Meets with Chairman Wang JianlinMar
On March 23, U.S. President Barack Obama met with Wanda Group Chairman Wang Jianlin in Washington, who was visiting the U.S. for the SelectUSA Investment Summit. Chairman Wang Jianlin was the only Chinese entrepreneur to be received by President Obama for the event.Wanda E-commerce Launches “FFAN O2O Open Platform”Mar
On March 31, Wanda E-commerce launched its “FFAN O2O Open Platform”. The supporting “FFAN Card” and “FFAN Points Union” were also launched at the same time.Wanda Group Acquires Infront Sports & MediaFeb
On February 10, Wanda Group acquired a 100% stake in Infront Sports & Media, the world’s second largest sports marketing company and one of the largest sports media production and broadcasting companies in the world.
Wanda Group Acquires Controlling Stake in 99BillDec
Wanda Group signed a strategic cooperation investment agreement to acquire a controlling stake of online payment platform 99Bill in Beijing on December 26. It is Wanda's first merger in the Internet finance arena and gives the company control of an important payment platform to advance its e-commerce and finance related businesses.Wanda Commercial Properties completes Hong Kong IPODec
Dalian Wanda Commercial Properties Co. Ltd. completed a successful listing on the main board of the Hong Kong Stock Exchange. Wanda Commercial Properties became the final and largest IPO of the year.Han Show & Wanda Movie Park Unveiled to the WorldDec
After 5 years in the making, Wanda Group launched its 2 most groundbreaking cultural projects to date, the Han Show Theatre and Wanda Movie Park in Wuhan on December 20.Distinguished guests including personalities from the world of entertainment, ambassadors to numerous countries, renowned business leaders and over 300 domestic and foreign media attended the opening ceremony. Wanda Group Chairman Wang Jianlin commented, "The Han Show and Wanda Movie Park are first of a kind, unique projects which will undoubtedly become new symbols of Chinese culture as well as leading new global entertainment brands.Wanda to invest 1 billion yuan in Guizhou poverty alleviation schemeDec
'Invest 1 billion RMB to develop key industries and help the poor, and in five years per capita income can be doubled.' On Dec 2, Wanda signed a contract to help eliminate poverty with the LGOP (Leading Group Office on Poverty Alleviation and Development) China, LGOP Guizhou and Danzhai County.100th Wanda Plaza opens in Kunming, close to a million jobs createdOct
Wanda Group celebrated the opening of its 100th Wanda Plaza, in Xishan, Kunming, on October 31. Built to international standards, the fountain will add a dash of magnificence to Kunming's cityscape.Wanda and Ping An reach strategic cooperation dealOct
Wanda Group Chairman Wang Jianlin visited Ping An Insurance (Group) Company of China Ltd and met with Ping An Chairman Ma Mingzhe on October 24.Wanda launches 2015 Plan to Support College Student EntrepreneurshipOct
Wanda Group officially launched its Plan to Support College Student Entrepreneurship for the year of 2015 in Peking University on October 16. In 2015 Wanda will invest 50 million yuan and supply 50 Wanda mall outlets to support 100 college graduates' businesses.Wanda to build 50 billion yuan cultural tourism city in GuangzhouOct
Wanda Group announced it would invest 50 billion yuan to build a Wanda Cultural Tourism City in Guangzhou, Guangdong province on October 23. Guangzhou Wanda Cultural Tourism City will have the capacity to accommodate 55,000 tourists simultaneously and is estimated to receive 20 million tourists annually.First Wanda Mall breaks ground in NanningAug
Nanning Wanda Mall broke ground in Nanning, Guangxi Zhuang Autonomous Region on August 22. As an updated version of Wanda Plaza, which focuses on commerce, a Wanda Mall is a large indoor complex that combines entertainment, tourism and commerce under one roof.Wanda Group joins forces with Baidu and Tencent to establish world's biggest O2O e-commerce companyAug
Wanda Group, Baidu and Tencent announced today at a signing ceremony held in Shenzhen, that they will establish the "Wanda E-commerce Company", a Hong Kong registered joint venture. The JV will invest initial capital of RMB 5 billion (US$814 million), with Wanda Group holding 70% equity, while Baidu and Tencent each own a 15% stake respectively.Wanda announces entry into children’s entertainment industryAug
Wanda Kidsland Co., Ltd. held a press conference for the launch of its new brand, Wanda Kids Place, at the Sofitel Wanda Beijing Hotel on August 12.The company announced it plans to become China’s largest children’s entertainment park operator by opening 200 Wanda Kids Place parks by 2020.Wanda acquires 'Jewel' project in Australia's Gold CoastAug
Wanda Group hereby announces it has purchased the famous Jewel project in Australia's Gold Coast. As Jewel's absolute controlling shareholder, Wanda will jointly develop the project with its original owners. The company plans to invest USD900 million to build a luxury five-star Wanda Vista hotel and serviced apartments. The Jewel is Wanda's fifth overseas hotel project announcement.Wanda announces $900 million investment in Chicago hotel projecJul
The Wanda Group announced on June 8 that it would invest US$900 million in the United States' second largest city Chicago, to build the city's third tallest building. Wanda Group will build a 350-meter high, 89-floor skyscraper, which will have a gross floor area of 131,400 square meters.Guangzhou Zengcheng Wanda Plaza opens in styleMay
A large crowd of people gathered to celebrate the opening of the Wanda Group's latest large-scale mixed-use development project, the Zengcheng Wanda Plaza in Guangzhou on May 16. The Zengcheng Wanda Plaza is the company's second large-scale mixed-use development project in Guangzhou.Wanda unveils 1st Wanda Reign luxury hotel in WuhanMar
Wanda Hotels & Resorts proudly announced the grand opening of the Wanda Reign Wuhan on 29 March 2014. As Wanda Hotels & Resorts' premier luxury hotel brand, the Wanda Reign Wuhan is the first Wanda Reign hotel ever to open, which marks the successful launch of all 3 of Wanda Hotels & Resorts' luxury hotel brands.Wanda publishes textbooks on commercial real estateMar
Wanda Group Commercial Real Estate Series - was officially launched at the Beijing Wangfujing Bookstore on March 23. The books are expected to improve the professional level of China's commercial real estate industry as well as contribute to the healthy development of the industry.Wuxi Wanda Cultural Tourism City breaks ground, to rival DisneylandFeb
The Wuxi Wanda Cultural Tourism City, funded by a total investment of more than 40 billion yuan form the Wanda Group, broke ground in Wuxi on February 28. It is Wanda's fifth large-scale cultural tourism project to begin construction. "Wanda is confident that the Wuxi Wanda City will become a world-class Chinese cultural brand and compete closely with Shanghai Disneylnd on a number of levels such as number of visitors and revenue scale,"said Wanda Group Chairman Wang Jianlin.
AMC completes successful IPODec
Wanda Group's wholly owned American subsidiary company AMC Entertainment Holdings Inc. commenced an initial public offering, selling 18,421,053 class A ordinary shares at $18 per share, coupled with an over-allotment raised up to $400 million in funds to officially become a publicly traded company on the New York Stock Exchange on December 18, 2013.Wanda launch O2O siteDec
Wanda E-commerce launched its official O2O website and mobile application www.wanhui.cn. Unlike other B2C e-commerce sites such as Taobao and JD, Wanhui adopts an O2O (Online to Offline) model that allows customers to buy goods directly from Wanda Plaza's online.Wanda signs huge project in GuilinDec
Wanda signs huge project in Guilin The Wanda Group signed an agreement on December 15 with the municipal government of Guilin to build a mega cultural tourism project in this South China tourist city.Construction begins on Hefei Wanda Cultural Tourism CityOct
Hefei City in East China's Anhui Province celebrated the groundbreaking of the Wanda Cultural Tourism City on October 27. The project is the largest cultural tourism investment in eastern China. Out of the 35 billion yuan ($5.75 billion) investment from Wanda Group, 19 billion yuan will be allocated towards cultural tourism space.Construction begins on Hefei Wanda Cultural Tourism CityOct
Hefei City in East China's Anhui Province celebrated the groundbreaking of the Wanda Cultural Tourism City on October 27. The project is the largest cultural tourism investment in eastern China. Out of the 35 billion yuan ($5.75 billion) investment from Wanda Group, 19 billion yuan will be allocated towards cultural tourism space.Wanda establishes Wanda One (UK) LimitedOct
Wanda announced the establishment of its British based property development company Wanda One (UK ) Limited (“Wanda One”). Wanda One will oversee the One Nine Elms luxury hotel development project in London. Wanda Group announced construction of a five-star luxury hotel project on June 2013.Qingdao Oriental Movie Metropolis launch ceremonySep
Wanda Group officially launched the Qingdao Oriental Movie Metropolis project in Qingdao on September 22. The project is the largest investment of its kind in the film industry and expects to transform the film industry in Asia.Wanda announces Cultural Tourism City project in WuxiSep
The Wuxi Municipal Government and the Wanda Group signed an agreement to launch a mega cultural tourism project in Wuxi, East China's Jiangsu Province on September 24, 2013.Major UK investment programJun
Wanda announced the acquisition of a majority stake in UK luxury yacht manufacturer Sunseeker for £ 320 million as well as plans to develop a real estate project in Central London, which will include a five-star luxury hotel, with a total investment value of £ 700 million.First Wanda Cultural Tourism CityApr
Wanda Group breaks ground on its first Culture Tourism City in Harbin in April. The 20 billion yuan project is Wanda’s first Cultural Tourism City to begin construction.Nanchang Wanda Cultural Tourism City breaks groundJan
Wanda Group’s Nanchang Wanda Cultural Tourism City project broke ground on June 18.
Wanda establishes Culture GroupDec
Wanda Culture Industry Group is China’s largest 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) for 2013. The group operates in 10 arenas, including cinemas, film production, film industry parks, performing arts, film technology entertainment, theme parks, entertainment franchises, print media, art investment and travel.Wanda acquired AMC EntertainmentSep
Wanda Group acquired AMC Entertainment, the world’s second largest theater operator, for $ 2.6 billion. The exchange was the largest US acquisition by a Chinese private company and the biggest overseas M&A in China’s culture industry.Xishuangbanna International Resort begins constructionJul
Construction was launched on the 15 billion yuan Xishuangbanna International Resort project.Changbaishan International Resort OpensJul
Wanda’s largest resort project, the Changbaishan International Resort officially opens.China’s first luxury hotel management companyFeb
Wanda become first Chinese company to form a luxury hotel management company.Setting 10-year targetsJan
The Wanda Group set goals for the next 10 years, which includes becoming a world-class international company by expanding its overseas business.
Joint venture formed with Franco DragoneNov
Wanda Group invests 10 billion yuan to establish a performing arts joint venture company with the Franco Dragone Entertainment Group, with the aim of creating 5 world leading theatrical shows and in turn developing the company into a global force in the world of performing arts.Wanda Group officially establish Wanda MediaJun
Wanda Group invests 500 million yuan to establish Wanda Media, thereby forming an end-to-end industry chain.Massive project unveiled in WuhanJan
Phase I of the Wuhan Central Cultural District, a 50 billion yuan investment project by Wanda Group, opens alongside the Chu River & Han Street in Wuhan. Situated in central Wuhan, the project combines tourism, business, commerce and residential functions into one urban complex. Covering 18 square kilometers and a Gross Floor Area of 3.4 million square meters, it is a world-class cultural tourism project.
Wanda Plaza opens in GuangzhouJan
The Baiyun Wanda Plaza becomes Wanda’s first project in Guangzhou, China’s third largest city as well as its first project in Guangzhou, one of China’s most developed provinces.Major company-wide restructuringJan
The Wanda Group underwent its largest ever restructuring. Firstly, Group headquarters and Commercial real estate headquarters were divided into two separate locations. Secondly, Business Management and Cinema businesses were restructured into headquarters, regional divisions and single locations, adapting into a more suitable franchise operating model. Thirdly, project management was split by North and South regions. This restructuring enabled Wanda to lay a solid foundation for stable long-term growth.
New shift in business focusJan
Wanda shifts its new business focus towards the cultural tourism industry, expecting it to be Wanda’s primary growth engine for the future. Wanda invested 20 billion yuan to construct the Changbaishan International Resort, the world’s largest ski resort project.
Headquarters moves to BeijingJan
The Wanda Group headquarters was moved from Dalian to Beijing CBD Wanda Plaza, a milestone event in the company’s history.
Wanda launches department store chainJan
Wanda Group entered the department store arena by establishing the Wanda Department Store brand.
Wanda Group became China’s leading commercial property developer after opening 3 major Wanda Plaza projects in Shanghai Wujiaochang, Ningbo Yinzhou and Beijing CBD.
Third-generation Wanda PlazaAug
Wanda developed its first third-generation Wanda Plaza, the Ningbo Zhengzhou Wanda Plaza, which is Wanda's first HOPSCA project. HOPSCA is in integrated urban complex, which is often referred to as a "city within a city".
1st-generation Wanda PlazaJul
Wanda started building Changchun Chongqing Road Wanda Plaza, its first commercial property project. The plaza also formed a strategic partnership with the Wal-Mart.A decisive meeting in Wanda’s historyJan
Following a 3-day meeting, Wanda set down its future strategy, which was to diversify operations to include both commercial and residential property development. The company decided to merge all its businesses into one residential company and one commercial company.
Expanding footprints in ChinaMar
Wanda developed project in several Chinese cities such as Chengdu and Changchun, striving to expand its footprint in the country.