Commercial Management Group
The world’s largest commercial properties holding, managing and operating enterprise.
Cultural Industry Group
China’s largest cultural enterprise and one of Wanda’s pillar industries.
Real Estate Group
China’s leading enterprise in developing urban complexes and apartment buildings.
Wanda Financial Group owns subsidiaries covering sectors such as insurance, investment, asset management, online microcredit and private equity, supporting the brick-and-mortar economy and benefiting society through the provision of inclusive financial services.
- Job Creation
- Caring Staff
- Environmental Sustainability
- Charitable Donation
- Targeted Poverty Alleviation
- Entrepreneurship Assistance
Wanda Group has been the employer that creates the most jobs in China for many consecutive years. In 2017, it created 195,000 service jobs that accounted for 1.5% of new employment nationwide in the year, including 84,000 jobs for college students.
Staff-centered Value of Wanda
One of China’s earliest enterprises adopting the sustainable building practices.
Wanda Group has a mission of “Creating Common Prosperity through Serving the Community”. Over the past 30 years, Wanda Group has accumulatively donated 5.8 billion yuan in cash to numerous charitable causes, making it one of China’s largest private donors.
Targeted Poverty Alleviation
Building a new targeted poverty alleviation brand in China.
10-year Plan for Supporting College Student's Start-up.
- AMC Theatres
- Hoyts Cinema
- Legendary Entertainment
- Infront Sports & Media
- World Triathlon Corporation
- Sunseeker International
AMC (NYSE:AMC), a majority-owned subsidiary of Wanda Group, is the largest cinema chain in the U.S. and the world with 8,200 screens in 661 cinemas,taking a market share of 24% in the U.S.
Wanda’s Hoyts Cinema is the second largest cinema chain operator in Oceania,owning 424 screens in 52 cinemas.
Wanda Group-acquired Legendary Entertainment is a leading film production company in the U.S. that owns film, television, digital and comics divisions.Legendary Entertainment has grossed more than $12 billion worldwide in the box office.
Infront Sports & Media
Wanda subsidiary Infront Sports & Media is among the world's leading full service sports marketing companies. With a diversified portfolio of major sports rights,Infront enjoys winning partnerships with over 180 rights holders in 25 sports.
World Triathlon Corporation
The US-based World Triathlon Corporation (WTC) is the owner of the internationally renowned Ironman triathlon brand, accounting for 91% of the market share in long distance triathlons around the world.
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.
Wanda Group Official Statement29.10.2018
In July 2017, Wanda and Sunac signed a deal involving 13 Wanda Cities. The deal stipulated that after the purchase, Wanda Cities’ names would remain unchanged and the projects would still be designed, built and managed by Wanda Group. It is discovered in actual implementation that this model creates a number of inconveniences. Consistency in project planning, construction, operation and management and investment is more beneficial for the development of the projects.
After friendly negotiations between the two parties, Sunac will provide funds to purchase Wanda Culture Travel Innovation Group and design, construction and management companies of 13 cultural tourism projects. Wanda will use all resources and spare no effort to support the purchase of the Wanda City projects that have not yet opened and ensure smooth opening and operation.
Wanda has always been optimistic about the development prospects of the Chinese cultural tourism industry. In the future, Wanda will continue to invest in cultural tourism sector and retain core cultural tourism teams. Wanda will reorganize Cultural Tourism Planning and Research Institute, the Cultural Tourism Construction Center and the Cultural Tourism Management Company.
In the future, Wanda will adhere to a guideline of developing both asset-heavy and asset-light businesses. Wanda will continue investing in a number of Cultural Tourism City projects that are being negotiated. Among those, asset-light Wanda City projects will select a number of investors including Sunac.
October 29, 2018
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