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2018
August
The Inaugural Annual Shanghai International Commerce Convention Kicks off in ShanghaiFrom August 30 to September 1, first Shanghai International Commerce Convention was held in Shanghai, with participation from over 15,000 domestic and international brands as well as more than 5,000 agents, which marks the largest traditional commerce convention worldwide.
July
Wanda, SUNAC and R&F Sign Strategic Cooperation AgreementOn July 19th, Wanda Commercial Properties Co., Ltd., SUNAC China Holdings Ltd and R&F Properties signed the Strategic Cooperation Agreement in Beijing. The execution of the agreement also marks both Wanda Commercial Properties and Wanda’s cultural tourism business starting their “asset-light” brand management strategies.
March
The Second China Cup Concludes SuccessfullyFrom March 26th to 28th, the 2018 “China Cup” international football championship ended in Nanning. The Uruguay team won the championship in the final with its star player Cavani scoring in the second half. Cavani was recognized as the best player.
February
Alibaba Group and Cultural Investment Holdings Co., Ltd Make Strategic Investment in Wanda FilmOn February 5, 2018 in Beijing, Alibaba Group (hereinafter referred to as Alibaba) and the Cultural Investment Holdings Co., Ltd (hereinafter referred to as Cultural Investment Holdings) signed an agreement for strategic investment with Wanda Group. Under the agreement, Alibaba and Cultural Investment Holdings together bought 12.77% shares of Wanda Film held by Wanda Group at a price of RMB 51.96 per share.
January
Wanda Commercial Signs Strategic Investment Agreements with Tencent and Other InvestorsOn January 29, Tencent Holdings Limited (“Tencent”) as an initiator, together with investors including Suning Holdings Group (“Suning”), JD.com Inc. (“JD.com”), and Sunac China Holdings Group (“Sunac”), signed strategic investment agreements with Dalian Wanda Commercial Properties Co. (“Wanda Commercial”). The investor group plans to invest an aggregate amount of approximately RMB 34 billion to acquire Wanda Commercial’s approximately 14% equity interest held by investors who purchased the stake upon the company’s delisting from the Hong Kong Stock Exchange.
2017
December
Wanda Opens Ice Lantern World in Harbin Wanda Theme ParkOn December 22, 2017, Harbin Wanda Theme Park held an opening ceremony for its Ice Lantern World. Ice Lantern World will be in operation through March, becoming a new landmark for the city’s winter tourist season. On top of the traditional ice lanterns and engravings, the park also features other entertaining activities
November
Wanda Plazas Conduct Integrated Marketing Program through both online and offline platforms on Double 11On November 11th, 2017, Wanda Plazas joined hands with Feifan to create “Feifan Carnival” and launched Wanda WeChat mini program for “Super Brand Day”. This integrated marketing program through both online and offline platforms dramatically drive customer traffic and sales growth.
September
2017 “Tour of Guangxi” Road Cycling World Tour Kicks offFrom October 19 to October 24, 2017 GREE-Tour of Guangxi kicked off at Guangxi Zhuang Autonomous Region, China. GREE "UCI World Tour ·Tour of Guangxi" is the world's top class cycling race. Eighteen top cycling teams worldwide ushered in their last battle of UCI World Tour. After all the races, the 2017 UCI Cycling Gala and Closing Ceremony of 2017 GREE “UCI World Tour • Tour of Guangxi”, was held in Guilin.
August
Wanda Hotel Development Co Ltd Conducts Major Asset RestructureOn August 9th, Wanda Hotel Development Co Ltd said it would buy the entire equity interest in theme park operator Wanda Culture Travel Innovation Group Co Ltd from Wang’s Beijing Wanda Culture Industry Group Co Ltd for 6.3 billion yuan ($945 million).
July
Wanda Hotel Development Announces Acquisitions of Wanda Travel and Wanda Hotel Management in Major RestructuringWanda Hotel Development Co. (0169.HK), the Hong Kong-listed arm of Dalian Wanda Group, announced acquisitions of Wanda Culture Travel Innovation Group and Wanda Hotel Management Co. in a major restructuring. After the above transactions, Wanda Hotel Development will become a strategic platform as Wanda Group’s Hong Kong-listed company focusing on theme park and hotel operation and management.
July
Kunming Wanda City Project Officially LaunchedOn July 4, Kunming Wanda City Project was officially launched. Kunming Wanda City, located in main city area of Caohai district in Kunming, adjacent to Dian Lake, is the first large tourism project complex that combines themed entertainment, tourism leisure, riverside commercial street, hotel and resort cluster and ferry pier all in one place.
2016
December
Malcolm Clarke-directed “Wanda in 30 Years” Documentary Starts ShootingOn 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.
November
Wanda Adds RMB 100 Billion of Investments in Hunan, Will Establish Changsha Wanda CityOn 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.
November
Wanda Signs RMB 100 Billion Deal to Build Xi’an Wanda CityOn 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.
October
Wanda Cultural Industry Group Will Merge Tourism Unit into LY.comOn 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.
October
Wanda Sets up Network Technology Group in Major ReorganizationOn 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.
October
Wang Jianlin Wins Chinas’ Inaugural Top Award for Poverty Alleviation InnovationOn 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.
October
Wang Jianlin Talks about China Opportunity for World Movie in Los Angeles SpeechOn 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.
September
Hefei Wanda City Opens, Highlights Anhui CultureOn 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.
September
Wanda Establishes Owned Media Union for New Paradigm of Corporate CommunicationsOn 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.
September
Wanda Becomes Exclusive Commercial Partner of BWFOn 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).
August
Jinan Wanda City Signed, Will Be World’s First Large Complex of Culture, Tourism, Sports and CommerceOn 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.
July
AMC Acquires Europe’s Largest Cinema Line as Wanda Expands GloballyOn 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.
July
China’s First International Football Championship to Take PlaceOn 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.
July
Wanda Group Breaks into Fortune Global 500 and Receives Special CoverageWanda 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.
July
Wanda Cinema Line Begins Online Foray with Acquisition of MtimeOn 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.
June
Wanda Becomes Exclusive Commercial Partner of FIBAOn 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.
May
Wanda Group and Jiangxi Province Sign Strategic Cooperation Framework AgreementOn 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.
May
First Wanda City Opens in Nanchang as Wanda gears to Build New International Brand of Cultural TourismOn 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.
April
Wang Jianlin Named among 2016 FORTUNEChina China’s 50 Most Influential Business LeadersWanda Group Chairman got into the 2016 list of “China’s 50 Most Influential Business Leaders” released by FORTUNEChina on April 14.
April
Wang Jianlin Named among TIME 100 Most Influential PeopleWanda Group Chairman Wang Jianlin was named among TIME’s 100 Most Influential People for 2016 in the “Titans” category, according to the list released on April 21 U.S. local time.
March
AMC Becomes World’s Largest Cinema Line with Carmike AcquisitionOn March 3, Wanda Group’s subsidiary AMC Entertainment Holdings Inc. signed an agreement with Carmike Cinemas Inc. to acquire the latter for USD 1.1 billion. The acquisition has made AMC the world’s largest movie theater chain, with 663 movie theaters and 8,380 screens in 45 states across the U.S. It has also made Wanda the largest cinema operator in the world’s top two movie market.
March
Wanda Group Enters into Strategic Cooperation with FIFAOn March 18, FIFA and Wanda Group signed a 15-year strategic cooperation agreement, under which Wanda became the first Chinese top-level sponsor of FIFA.
March
Chairman Wang Jianlin Wins “You Bring Charm to the World Award”On March 25, Wanda Group Chairman Wang Jianlin was presented the “You Bring Charm to the World Award” during an award ceremony held in Tsinghua University of the award event co-organized by dozens of well-known domestic and overseas Chinese media including Phoenix Television and ifeng.com. Also conferred with the award at the ceremony were Nobel laureate Tu Youyou, poet and scholar Ye Jiaying, IMF deputy managing director Zhu Min, and famous sci-fiction author Liu Cixin.
February
Wang Jianlin Talks about Wanda’s Internationalization Strategy at OxfordOn February 23 local time, Wanda Group Chairman Wang Jianlin gave a lecture on Wanda’s internationalization at Oxford University, becoming the first Chinese entrepreneur to be invited to give an open lecture at the university. It marked the second time that Wang Jianlin communicated Chinese management ideas at a global prestigious university following his lecture at Harvard in 2015.
February
Auchan and Wanda Co-invest in Paris ProjectOn February 26 local time, Wanda Group signed an agreement with France’s Auchan Group to co-invest in a large leisure and retail project in Paris. French president François Hollande met with Wanda Group Chairman Wang Jianlin and offered congratulations on the project.
January
Wanda to Establish 3 World-class Hospitals with RMB 15 billionOn January 6, Wanda Group and the UK's International Hospitals Group signed an agreement under which Wanda will invest a total of RMB 15 billion to establish three world-class hospitals in Qingdao, Shanghai and Chengdu, which will be operated and managed by IHG under the IHG brand. It was the largest investment made by a Chinese company in the health care industry.
January
Wanda Acquires Legendary Entertainment for USD 3.5 billionOn January 12, Wanda Group and Legendary Entertainment held a signing ceremony in Beijing, where Wanda Group announced its acquisition of the latter for not more than USD 3.5 billion (roughly equivalent to RMB 23 billion), marking the largest cross-border entertainment acquisition by a Chinese company to date.
2015
December
Wanda Invests RMB 130 Billion in Shandong for 39 Wanda Plaza and Cultural Tourism ProjectsOn 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.
December
Wanda Group Wins 2015 “Best HR Strategy Award”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.
December
Wanda Wins “China Best Employer Award” for the 4th Consecutive YearWanda 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.
December
Wanda’s AMC Acquires Starplex CinemasWanda 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.
October
Wang Jianlin Named among 2015 Bloomberg Markets 50 Most InfluentialWanda Group Chairman Wang Jianlin was named among 2015 Bloomberg Markets 50 Most Influential, ranking 37th, according to the list released on October 5.
September
Wanda Group and Suning Commerce Sign Cooperation AgreementOn 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.
September
Wanda Group Invests RMB 120 Billion in Henan ProvinceOn 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.
September
Wanda Group and SPDB Sign Strategic Cooperation AgreementOn 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.
September
Wanda Group Invests RMB 95 Billion in Yunnan for 19 Wanda Plazas and 1 Cultural Tourism ProjectOn 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.
August
Wanda Group Acquires World Triathlon CorporationOn 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.
July
Wanda Culture Industry Group Leads Investment in LY.comOn July 3, Wanda Cultural Industry Group led an investment in LY.com with a contribution of RMB 3.58 billion.
June
Crowdfunding Product “Sure Return No. 1” Sets Record in Global Crowdfunding IndustryOn 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.
May
Wanda Group Invests RMB 150 Billion in ChongqingOn 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.
May
Chairman Wang Jianlin Attends 65th FIFA CongressOn 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.
April
Wanda Signs Agreement for Wanda Cultural Tourism City in DujiangyanOn 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.
April
Wanda Group Invests RMB 120 Billion in LiaoningOn 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.
March
Chairman Wang Jianlin Becomes Richest Man in Chinese MainlandOn 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.
March
U.S. President Obama Meets with Chairman Wang JianlinOn 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.
March
Wanda E-commerce Launches “FFAN O2O Open Platform”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.
February
Wanda Group Acquires Infront Sports & MediaOn 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.
January
Wanda Group Introduces Turn-key Management ModelOn January 5, Wanda Group announced that beginning 2015, all Wanda Project projects will be managed under the turnkey model.
January
Dalian Wanda Commercial Properties Launches “Asset-light Strategy”On January 14, Dalian Wanda Commercial Properties signed an investment framework agreement with Everbright Ashmore, Harvest Fund Management, Sichuan Trust and 99Bill Corporation. According to the agreement, the four companies will invest a total of RMB 24 billion to construct approximately 20 Wanda Plazas. This marked the official launch of Wanda’s asset-light strategy as it embarked on the path of combining both real estate development and service under an all-new business model.
January
Wang Jianlin Publishes First Management Monograph “The Wanda Way”On January 21, Wanda Group Chairman’s first management monograph The Wanda Way officially went on sale and quickly became a bestseller on major e-commerce sites and physical stores.
January
Wanda Group Buys Stake in Atletico MadridOn January 21, Wanda Group announced the acquisition of a 20% stake in Atletico Madrid for EUR 450 million, marking the first Chinese investment in a top football club in Europe.
January
Wanda Cinema Line Goes Public on Shenzhen Stock ExchangeOn January 22, Wanda Cinema Line (002739) officially went public on Shenzhen Stock Exchange. Highly sought after by investors as the “No. 1 cinema line stock” in the A-share market, Wanda Cinema Line opened limit-up at 43.98% higher than its issue price.
2014
December
Wanda Group Acquires Controlling Stake in 99BillOn 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.
December
Wanda Commercial Properties completes Hong Kong IPODalian 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.
December
Han Show & Wanda Movie Park Unveiled to the WorldAfter 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.
December
Wanda to invest 1 billion yuan in Guizhou poverty alleviation scheme'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.
October
100th Wanda Plaza opens in Kunming, close to a million jobs createdWanda 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.
October
Wanda and Ping An reach strategic cooperation dealWanda Group Chairman Wang Jianlin visited Ping An Insurance (Group) Company of China Ltd and met with Ping An Chairman Ma Mingzhe on October 24.
October
Wanda launches 2015 Plan to Support College Student EntrepreneurshipWanda 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.
October
Wanda to build 50 billion yuan cultural tourism city in GuangzhouWanda 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.
August
First Wanda Mall breaks ground in NanningNanning 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.
August
Wanda announces entry into children’s entertainment industryWanda 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.
July
Wanda announces $900 million investment in Chicago hotel projecWanda 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.
May
Guangzhou Zengcheng Wanda Plaza opens in styleA 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.
March
Wanda unveils 1st Wanda Reign luxury hotel in WuhanWanda 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.
March
Wanda publishes textbooks on commercial real estateWanda 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.
February
Wuxi Wanda Cultural Tourism City breaks ground, to rival DisneylandThe 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.
2013
December
Wanda signs huge project in GuilinWanda 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.October
Construction begins on Hefei Wanda Cultural Tourism CityHefei 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.
October
Construction begins on Hefei Wanda Cultural Tourism CityHefei 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.
October
Wanda establishes Wanda One (UK) LimitedWanda 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.
September
Qingdao Oriental Movie Metropolis launch ceremonyWanda 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.
September
Wanda announces Cultural Tourism City project in WuxiThe 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.
June
Major UK investment programWanda 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.
April
First Wanda Cultural Tourism CityWanda 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.
January
Nanchang Wanda Cultural Tourism City breaks groundWanda Group’s Nanchang Wanda Cultural Tourism City project broke ground on June 18.
2012
December
Wanda establishes Culture GroupWanda 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.
September
Wanda acquired AMC EntertainmentWanda 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.
July
Xishuangbanna International Resort begins constructionConstruction was launched on the 15 billion yuan Xishuangbanna International Resort project.
July
Changbaishan International Resort OpensWanda’s largest resort project, the Changbaishan International Resort officially opens.
February
China’s first luxury hotel management companyWanda become first Chinese company to form a luxury hotel management company.
January
Setting 10-year targetsThe Wanda Group set goals for the next 10 years, which includes becoming a world-class international company by expanding its overseas business.
2011
November
Joint venture formed with Franco DragoneWanda 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.
June
Wanda Group officially establish Wanda MediaWanda Group invests 500 million yuan to establish Wanda Media, thereby forming an end-to-end industry chain.
January
Massive project unveiled in WuhanPhase 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.
2010
January
Wanda Plaza opens in GuangzhouThe 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.
January
Major company-wide restructuringThe 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.
2009
January
New shift in business focusWanda 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.
2008
January
Headquarters moves to BeijingThe Wanda Group headquarters was moved from Dalian to Beijing CBD Wanda Plaza, a milestone event in the company’s history.
2007
January
Wanda launches department store chainWanda Group entered the department store arena by establishing the Wanda Department Store brand.
2006
January
Major breakthroughWanda Group became China’s leading commercial property developer after opening 3 major Wanda Plaza projects in Shanghai Wujiaochang, Ningbo Yinzhou and Beijing CBD.
2004
August
Third-generation Wanda PlazaWanda 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".
2000
July
1st-generation Wanda PlazaWanda started building Changchun Chongqing Road Wanda Plaza, its first commercial property project. The plaza also formed a strategic partnership with the Wal-Mart.
January
A decisive meeting in Wanda’s historyFollowing 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.
1998