Wanda Film
Chinese cinema operator and film business
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2018 | Shanghai Wujiaochang Wanda Cinema introduced the first LED cinema screen in China, featuring a width of nearly 10.3 meters, ultra-clear 4K resolution, and peak brightness 10 times higher than traditional projection equipment. |
June 25 2018 | Unveiled plans to consolidate film and entertainment businesses, planning to acquire 96.83% stake of Wanda Media for 11.6 billion yuan. |
February 5 2018 | Signed a strategic investment agreement with Alibaba Group and Cultural Investment Holdings, receiving 7.8 billion yuan for a 12.77% stake. |
November 2017 | Won the 2017 'China Top 100 Enterprises Award'. |
March 2017 | Renamed to Wanda Film Holding, maintaining its position as China's largest film distributor. |
2016 | Achieved total box office of 7.6 billion RMB, representing a 20.5% increase from the previous year. |
July 27 2016 | Announced acquisition of film website Mtime. |
March 2016 | Integrated domestic film production subsidiaries Wanda Pictures and Qingdao Wanda Pictures into Wanda Cinema Line. |
June 2015 | Acquired Australian cinema chain Hoyts, expanding its international presence. |
2014 | Achieved highest box office revenue in China at 4.2 billion yuan ($681.7 million) and received approval for IPO from China Securities Regulatory Commission. |
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