Wang Jianlin on Fortune China's list of China's Most Influential Business Leaders
15.04.2016
Wanda Group Chairman Wang Jianlin entered the list of Fortune China's 50 Most Influential Business Leaders in China which was issued on April 14.
Those joining Mr. Wang on the list are all business leaders with cross-industry visions and concepts. They have always been making effort to search for new tools, channels and management methods to improve efficiency and customer experiences.
When referring to Dalian Wanda Group, Fortune China commented: Amid lackluster global and domestic growth, Dalian Wanda Group realized RMB 290.16 billion in revenue in 2015, up 19.1% YoY. Its profit was also estimated to increase significantly over the previous year. In 2015, revenue from services represents 43% of the group's total revenue, up 10 percentage points compared with 2014. Rental income from commercial properties increased over 30%. The group's asset-light strategy has been expanding successfully.
The Wanda Cultural Industry Group, a subsidiary founded merely three years ago, has been growing its revenue by tens of billions yuan every year. The Wanda Cinema Line went public on Jan 2015, becoming the first listed cinema operator in China. Its stock price surged 102% as of the end of 2015, making it a cinema operator with the largest market cap globally. It also became a component of the CSI 300. As of Dec 30, 2015, Dalian Wanda Group's total overseas investments exceeded USD 15 billion, and Mr. Wang is still expanding his territories abroad in 2016.