Wanda Cinema Group
Wanda Group was founded in 1988 and
operates in five major industries, including commercial properties, luxury
hotels, tourism investment, cultural Industry, and department store chain. The
company has assets of 250 billion yuan ($40 billion) and an annual income of
140 billion yuan ($22.2 billion), and pays 20 billion yuan ($3.2 billion) in
taxes. The company now operates 55 Wanda Plazas, 34 five-star hotels, 814
cinema screens, 46 department stores and 51 karaoke outlets across the country.
By 2015, the company aims to increase its assets to 300 billion yuan ($44.8
billion) and income to 200 billion yuan ($31.7 billion), and pay 30 billion
yuan ($4.8 billion) in taxes, becoming a world-class enterprise.