Dalian Wanda ranked 385th on For­tune Global 2015 list

New Straits Times - - News -

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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.

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