Dalian Wanda Group Co Ltd

Founded in 1988, Dalian Wanda Group Co Ltd is the largest listed real estate company in China operating in four key areas: commercial property, culture and tourism, e-commerce, and department stores. In 2014, the company had 534.1 billion yuan ($80.52 billion) in assets with annual revenue of 242.48 billion yuan. The company now operates 123 Wanda Plazas, 78 hotels (including 68 five-star hotels), 6,600 cinema screens and 99 department stores nationwide. Looking ahead, by 2020, Dalian Wanda Group Co Ltd aims to grow itself into a leading multinational corporation with assets of 1 trillion yuan, annual revenue of 600 billion yuan, and net income of 60 billion yuan.

Its subsidiary Dalian Wanda Commercial Properties Co Ltd (DWCP) is China's leading commercial property investor and operator. DWCP's nationwide portfolio includes 123 Wanda Plazas and 78 hotels with a total gross floor area of 21.57 million square meters. Properties under construction include 70 Wanda Plazas and 69 hotels, with a combined gross floor area of 17.47 million square meters. In January 2015, DWCP was listed on the Hong Kong Stock Exchange (03699.HK) with a total market value exceeding HK$220 billion. DWCP is the only company in China to possess its own comprehensive commercial real estate value chain spanning commercial planning, hotel design and research, cultural tourism planning, and commercial property construction and management.

Dalian Wanda Group Co Ltd created the world's first commercial property model: Wanda Plaza urban complex. The urban complex consists of a large commercial center, city walking street, five-star hotel, office building, and apartment, encompassing various functions such as shopping, catering, culture, and entertainment. The complex forms a large independent business district in the city centered around Wanda Plaza. Wanda Plaza delivers four major social benefits: bringing the city's business to a new level, creating numerous jobs, constantly generating huge tax revenues for the government, and offering abundant consumption choices for the public. Wanda Plaza represents the harmonious combination of corporate interest and social benefits.

Official website: 

https://www.hbsc.cn/adother/wanda/