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History of Dalian Wanda Group Co.

On May 21, 2012, Dalian Wanda signed a merger and acquisition agreement with AMC, the world's second largest theater group, today. It is reported that Wanda's M&A has a total transaction value of US$2.6 billion, including the purchase of 100% equity and assumption of debt.

Meanwhile, Wanda's post-merger investment in operating capital will not exceed $500 million, and Wanda's total **** will pay $3.1 billion for the deal.

On Sept. 4, 2012 (early morning of Sept. 5, Beijing time), China's Dalian Wanda Group announced that it had completed its acquisition of AMC Entertainment Holdings, the second-largest U.S. theater group, for a total of $2.6 billion, making Wanda the world's largest theater operator.

According to the deal, Wanda will take over 4,865 screens (including 2,171 3D screens and 124 IMAX screens) in AMC's 338 theaters after the deal is completed and operate AMC as its wholly owned subsidiary while injecting up to $500 million a year into it. In addition, AMC's 17,000 employees will continue to work in theaters in 32 U.S. states. The company will continue to produce film programming as originally planned, and its corporate headquarters in Kansas City will remain. August 27, 2014 news, Wanda, Baidu, Tencent three giants rumored to cooperate to invest 5 billion yuan to establish a new e-commerce company. Wanda holds 70% of the shares, while Tencent and Baidu each hold 15%. Meanwhile, in the cooperation of the three, Wanda dominates the layout of O2O in Wanda Plaza, theaters, hotels and other physical industry chain, while Baidu and Tencent contribute to the advantage of the business, respectively, will be supported in technology and other aspects.

August 29, 2014, Wanda, Tencent and Baidu jointly held a conference in Shenzhen, officially announced the establishment of e-commerce company registered in Hong Kong. Wanda, Tencent and Baidu will cooperate on account system opening, membership system, payment and internet financial products, establishment of universal points alliance, big data integration, Wifi*** enjoyment, product integration and traffic introduction.

Dong Ce, CEO of Wanda E-commerce, said that Wanda E-commerce will build the largest universal points alliance platform in China. Meanwhile, Wanda, Baidu and Tencent will establish a big data alliance.

Wanda E-commerce through Tencent, Baidu, Wanda and other online and offline resources, the integration of a number of Internet technologies, created by the universal points alliance, a large membership system, a card, big data and other components of the full-business management platform, which can help physical business better and faster to the transition to the "Internet +", to promote physical business New Vitality. At 11 a.m. on Jan. 21, 2015, Wanda Group held a press conference at the Sofitel Wanda Hotel in Beijing, announcing that it had invested 45 million euros to buy a 20 percent stake in last season's La Liga champion Atletico Madrid.

After completing the acquisition, Wanda entered the board of directors of Atletico Madrid, marking the first time a Chinese company invested in a top European soccer club. On November 11, 2015, Australia's Gold Coast Bulletin reported that Wanda Group, owned by China's richest man Wang Jianlin, is proposing to spend billions of Australian dollars to build a theme park on the Gold Coast, which may rival the existing Dreamworld and Warner Bros. Movie World. Wanda Group is in negotiations with the Queensland government to acquire land in the Coomera region.

In an interview with the Gold Coast Bulletin, Wanda Group executive Xie Hong said the theme park was the primary focus of Wanda Group's international strategy and the Gold Coast was the best place to locate it.

The plan has the backing of local officials, with Gomara MP Michael Crandon saying there was plenty of land in Gomara that could be leased to the public for a theme park, and that "the more of these large-scale projects that are done, the better the development of the northern part of the Gold Coast will be".

Wanda Group has long made inroads into Australia's Gold Coast, including acquiring the famed jeweled Three Towers project, building the super-five-star Wanda Mandarin hotel and serviced apartments, in addition to funding Jetstar Airways to open direct flights from Wuhan to the Gold Coast. Xie Hong said that while Wanda plans to invest in a range of major projects within Australia, including Sydney and Melbourne, the Gold Coast remains the preferred location for investment. On January 6, 2016, China's Wanda Group signed a 10-year exclusive partnership agreement with Britain's IHG for a global international hospital project, which will see it establish and operate and manage a 200-bed international hospital in Qingdao, with plans to build two international hospitals in Shanghai and Chengdu.

Wanda will invest more than 15 billion yuan in the three projects, which will generate at least 3 billion yuan in revenue for IHG. Wanda Commercial Real Estate Co. is a leading company in China's commercial real estate industry, having opened 88 Wanda Plazas across the country, the second largest in the world in terms of the size of its property holdings, and plans to open 109 Wanda Plazas with 22.03 million square meters of property holdings by 2014, making it the world's top-ranked real estate company. Wanda Commercial Real Estate Company has the only commercial planning research institute in China, a nationwide commercial real estate construction team, and a nationwide chain commercial management company, forming a complete industrial chain of commercial real estate and the core competitive advantage of the enterprise. After 10 years of development, Wanda Plaza has developed from the first generation of single store, the second generation of combined store, to the third generation of urban complex. Urban complex is the original commercial real estate model created by Wanda Group in the world, which includes large-scale commercial centers, commercial pedestrian streets, five-star hotels, business hotels, office buildings, high-level apartments, etc., integrating shopping, leisure, catering, culture, entertainment and other functions to form an independent large-scale business circle, and Wanda Plaza is the urban commercial center. Wanda Plaza is a high degree of unity of corporate and social benefits, resulting in four major social benefits: one, improve the city's functions; two, enhance the city's commercial grade; three, add a large number of stable jobs; four, to create sustained huge tax revenues.

Wanda Hotel Construction Company is the largest investor in five-star hotels in China, with 55 five-star and super five-star hotels now open. It plans to open 89 five-star and super five-star hotels by 2015, with an operating area of 4 million square meters, making it the largest five-star hotel owner in the world.

Collection of Chinese Characters and Paintings

Wanda Group focuses on the collection of Chinese calligraphy and paintings of modern and contemporary Chinese masters, and the folk intangible cultural heritage of Plum Blossom Seal Characters is more valuable for collection. Over the past two decades has collected nearly a thousand, is one of the largest collection of Chinese folk enterprises.

Wanda Group, led by the joint China Pan Ocean, Legend Holdings, a party group, billion resources and other five of China's top private enterprises, is Changbai Mountain, Xishuangbanna, Dalian Jinshi, Hainan and other places to build international first-class level of tourism resorts, with a total investment of more than 100 billion yuan. With Asia's largest ski resort, a large-scale theme park comparable to Hong Kong Disney, the world's largest film and television culture industrial park, a large-scale stage show at the international top level, and a total of more than 50 high-end resort hotels, tourism investment is becoming Wanda's new pillar industry.

Wanda Group started to invest in the cultural industry in 2005, and has entered four industries, including large-scale stage performances, movie projection and production, chain culture and entertainment, and collection of Chinese calligraphy and paintings, and has become the largest investor in China's cultural industry for many years in a row.

Large-scale stage performances

Wanda Group has set up a joint venture with the world-famous American Frank Company to invest 10 billion yuan in Wuhan, Dalian, Sanya and other places to launch five stage performances at the highest level in the world, so as to create a Chinese cultural brand with global influence.

Wanda Group to create a "stage show" set of stage programs, water programs, stage changes in one of the movement, high-tech sound and light, is beyond the world's all performing arts level of stage programs.

Movie production

Wanda Cinema Line is the top-ranked cinema line in Asia, with 142 five-star movie theaters, 1,247 screens, including 89 IMAX screens, and 15% of the national box office. It plans to open 200 cinemas with 2,000 screens by 2015 and become the top-ranked cinema line in the world.

Wanda Film & TV Production

Wanda Group has invested 500 million yuan to set up Wanda Film & TV Production Company, which will produce 6 films and TV works in 2012 and more than 10 films and TV works every year after 2013, becoming one of the largest film and TV production companies in China.

Chain culture and entertainment

Da Singing is a chain entertainment enterprise invested by Wanda Group to provide civilized and healthy entertainment for the public, and has opened 81 stores nationwide, and plans to open 130 stores in 2015, becoming a large-scale chain enterprise of culture industry in China. Wanqian Department Store, established by Wanda Group in 2007, has opened 78 department stores in Beijing, Shanghai, Nanjing, Chengdu, Wuhan, etc., and plans to open 125 stores with a floor area of 3.34 million square meters by 2015, becoming China's largest department store chain.