Dalian Wanda ranked 385th on Fortune Global 2015 list
italisation of US$200 billion, revenue of US$100 billion and net profits of US$10 billion by 2020.
Last year, the group’s assets stood at 796.2 billion yuan (RM500.7 billion), with an operating revenue of 255 billion yuan.
Dalian Wanda was ranked 385th on the Fortune Global 500 List in 2015.The group’s property division, Dalian Wanda Commercial Properties, made its debut on the Hong Kong Stock Exchange in December 2014.
The exercise raised US$3.7 billion. Wang has a net worth of US$30.6 billion. Its unit, Wanda Commercial Properties, is the world’s largest commercial property enterprise, holding a combined 32.33 million sq m of property space.
It has opened 187 Wanda Plaza projects in Beijing, Shanghai, Chengdu and Kunming, with plans to open 50 more in China this year. In its cultural division, the company’s Wanda Cultural Industry Group is considered to be China’s largest cultural enterprise, with an annual revenue of 64.1 billion yuan last year.
Through its subsidiaries, the company operates cinemas, film industry parks, performing arts, film technology entertainment, theme parks and karaoke venues.
It also offers film production, publications, media, art collecting and cultural tourism services.
In the Internet segment, the group’s Wanda Internet Technology Group is China’s only Industry and Internet large open platform.
It has Ffan Technology, 99Bill, Credit Rating Company, Online Credit Company, Big Data, cloud computing, artificial intelligence and scene application.
In the financial segment, Wanda Financial Group has investment, asset management, insurance and other companies. It aims to achieve a fully-licensed financial operation.