Top 10 property developers in China 2013
- By Lu Na
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E-mail China.org.cn, April 3, 2013
Dalian Wanda Group Corportaion Ltd 大连万达集团股份有限公司
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Dalian Wanda Group Corportaion Ltd [wanda.com.cn] |
Established in 1988, the company's operates in a variety of businesses, including commercial property investment and operations management, luxury hotels, travel investment, the cultural industry and chain departments.
Now it owns 26 Wanda Plazas, 49 five-star hotels, 730 movie theaters, 40 stores and 45 KTVs. It completed the acquisition of AMC Entertainment Holdings Inc. on September 5, 2012, with US$2.6 billion -- making it the largest cinema owner globally.
By the end of 2012, company assets reached 300 billion yuan (US$ 48.27 billion), up 50 percent compared with 2011. The income stood at 14.17 billion yuan (US$ 22.8 billion), up 34.8 percent year-on-year. What's more, it strives to achieve 350 billion yuan (US$ 56.32 billion) in assets and 179 billion yuan (US$ 28.8 billion) in revenue in 2013.
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