Dalian Wanda Group
Dalian Wanda Group, founded in 1988, is one of the largest real estate enterprises in China and the world's largest cinema chain operator. Over the past two decades, the Group has developed into a major conglomerate with four primary businesses: commercial property, luxury hotels, culture & tourism, and department stores. Wanda has US$ 48 billion in total assets, US$ 22.7 billion in annual revenue, and net profit exceeding US$ 1.64 billion. As of December 2013, Wanda Group has increased its property portfolio to 82 Wanda Plazas, 50 five-star hotels, 72 department stores and 78 karaoke centres.