Dalian Wanda Group
Dalian Wanda Group was founded in 1988 and the group operates in four major industries - commercial property, luxury hotels, culture & tourism, and department stores. In 2013, the company’s assets totaled 380 billion RMB, with annual income reached 186.6 billion RMB and net profits exceeded 12.5 billion RMB.
Wanda Commercial Properties is a forerunner in the field of commercial real estate. Currently, there are 98 Wanda Plazas across China, with a total leasable area of 17.04 million square meters, ranking second in the world. Wanda Commercial Properties has established the first and only Business Planning Institute in China, as well as its own commercial property construction team and business management company. The above resources have helped Wanda Commercial Properties to form a complete industry chain
and maintain the leading position in an immensely competitive industry.
Wanda Hotels & Resorts has opened 60 five-star and super five-star hotels. The company owns three hotel brands - the five-star Wanda Realm, the luxury five-star Wanda Vista and the super luxury five-star Wanda Reign.
The Wanda Culture Industry Group is China’s largest culture enterprise, with registered capital totaling 5 billion RMB, 44 billion RMB in total assets and annual revenue of 25.5 billion RMB in 2013. The group operates in 10 arenas: cinemas, film production, film industry parks, performing arts, film technology entertainment, theme parks, franchise entertainment, print media, and art investment and travel. It now operates 1,247 film screens and 89 KTVs.
An Urban Reformation in Binzhou
Dalian Wanda Group now operates 84 department stores in major cities all over China, including Beijing, Shanghai, Chengdu and Wuhan. In 2015, Dalian Wanda Group will be investing 5 billion RMB on an urban reformation project in Binzhou. Dalian Wanda Group will design and build a multi-functional Wanda Plaza in Binzhou, which covers an area of 14 hectares and includes a variety of retailers, hotels, cinemas, restaurants, cafes, attractions, office buildings and residential buildings. Wanda Plaza will provide business convenience and recreational access to Binzhou residents and tourists, who will come to shop, eat, play and stay. This project is the biggest project in Binzhou to date, and the Binzhou government looks forward to providing collaboration and support for Dalian Wanda Group to make this project a success.
Dalian Wanda Group is ambitious in its vision, accepting only the highest workplace standards, and striving to create masterpiece with each and every one of its projects. Dalian Wanda Group is the world's largest theatre chain operator, the world's second largest real estate company and the world's biggest owner of five star hotels. During the process of project development, a modularized form of management and control is implemented to ensure costs and cash flow stay within the scope of control throughout the project lifecycle. Dalian Wanda Group is committed to making the new Wanda Plaza in Binzhou a phenomenal success. With careful planning, strong execution and strong integrity, Dalian Wanda Group is confident that new Wanda Plaza will deliver most comprehensive retail, hospitality and entertainment complex in Binzhou.