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Commercial Management Group
The world’s leading commercial properties holding, managing and operating enterprise.
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Cultural Industry Group
China’s leading cultural enterprise and one of Wanda’s new pillar industries.
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Real Estate Group
Wanda Real Estate Group is China’s first real estate company to transform old urban areas and develop inter-regional projects. It is a world-leading company in urban complex development. Wanda Real Estate Group already developed hundreds of Wanda Plazas, Wanda Hotels, Wanda Cities, Wanda Malls and residential projects.
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Investment Group
Wanda Investment Group comprises investment, Microfinance, private equity and other businesses, supporting the real economy and social livelihood through inclusive finance.
- Job Creation
- Rural Revitalization
- Charitable Donation
- Environmental Sustainability
- Caring Staff
- Entrepreneurship Assistance
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Job Creation
In 2018, Wanda Group created 202,000 new jobs in service sector, with 95,000 jobs for college students, accounting for 1.5% of the nation’s new jobs created in the same year. Wanda has been the employer that creates the most jobs in China for 10 consecutive years. Wanda’s 280 Wanda Plazas alone created 1.2 million positions accumulatively.
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Rural Revitalization
Building a new targeted poverty alleviation brand in China.
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Charitable Donation
Wanda Group has a mission of “Creating Common Prosperity through Serving the Community”. Over the past 30 years, Wanda Group has accumulatively donated more than 6 billion yuan in cash to numerous charitable causes, making it one of the largest private donors in China.
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Environmental Sustainability
Wanda Group is one of China’s earliest adopters of sustainable building practices and has obtained more national green-building certificates than any other companies in the country, accumulatively gaining a total of 754 national green building certifications.
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Caring Staff
Staff-centered Value of Wanda
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Entrepreneurship Assistance
10-year Plan for Supporting College Student's Start-up.
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Hoyts Cinema,Australia
Wanda’s Hoyts Cinema is the second largest cinema chain in Oceania, owning 472 screens in 54 cinemas.
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Legendary Entertainment
Wanda Group-acquired Legendary Entertainment is a leading film production company in the U.S. that owns film, television, digital and comics divisions.
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Ironman Group
The World Triathlon Corporation owns and operates top sports events around the world, including the IRONMAN, Cape Epic, and the Rock ‘n’ Roll Marathon.
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Sunseeker International
Sunseeker International, acquired by Wanda, was founded in 1968. As one of the world's premier luxury motor yacht manufacturers, the company can design and manufacture luxury yachts independently. Known as the “Rolls-Royce on the Sea,” Sunseeker is also the designated yacht brand of the British royal family.
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Corporate Profile
International Wanda
Centennial Business -
History
International Wanda Centennial Business
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Science and Technology Innovation
Wanda Group has always given priority to scientific and technological innovation. It is China’s first corporate entity that embraced the Internet and independently developed advanced information management system. Wanda is one of the world-leading companies in terms of information technology. It has been rated as one of the Top 50 global digital innovators by world authoritative agencies for many years.
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Chairman Wang Jianlin
The highest pursuit in life is that of the spiritual nature, and the pinnacle of business management is the management of culture.
Wanda: high riser
16.07.2015National domination can be an expensive ambition, especially in the world’s most populous country. So far, this has not hampered Chinese billionaire Wang Jianlin, chairman and major shareholder of Chinese conglomerate Wanda Group, in turn the major shareholder of Hong Kong-listedDalian Wanda Commercial Properties. By its own assertion, Wanda Group is China’s largest developed-property owner, with more than 20m sq metres, as well as being the world’s largest cinema chain operator, with more than 500 cinemas.
But Mr Wang’s ambition does not stop at properties and cinemas. This week Wanda Group said it would expand into financial services. A new division, to be built through mergers and acquisitions, will include banking, securities and insurance. The move may make strategic sense. Wanda Group owns more than 100 Wanda Plazas in China, which house everything from offices to shops. So the company (much like online rival Alibaba) has visibility on merchant businesses which could enable it, for instance, to assess credit-worthiness for loans.
The expansion could help Wanda Group’s growth ambitions in other ways, too. The company has announced its targets for 2020: it aims to double its assets to $160bn (or to $200bn, for readers of the English version of the website — what is 20 per cent between languages?) and increase revenues by 150 per cent. This will require money, even if Wanda Commercial Properties brings in more partners to co-fund its developments. With the A share markets in turmoil, Wanda Commercial Properties has already been raising funds in novel ways, includingcrowdfunding several malls. Wanda Group itself has raised loans against 83m Wanda Commercial Properties shares, worth more than $600m. Adding an insurance arm would give the group funding from premium income, similar to Berkshire Hathaway andFosun.
The company also gave another target: a market capitalisation of $200bn for the group’s listed assets, up from $50bn now. This will not just comprise upside for existing listed vehicles. Expect more listings ahead.
(source:Financial Times)
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About Wanda
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Wanda Worldwide
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