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Wanda Group
Wanda Group (), or the Dalian Wanda Group (), is a Chinese multinational conglomerate founded in Dalian, Liaoning and headquartered in Beijing. It is a private property developer and owner of Wanda Cinemas and the Hoyts Group. With investments within Mainland China and globally, the Dalian Wanda group has investments across many industries including construction, entertainment, media, industrial manufacturing, financial services, high technology, hospitality, real estate, retail, healthcare, and sports. It ranked 380th on the Fortune Global 500 List in 2017. Also in 2017, its assets amounted to 700 billion yuan and an annual revenue 227.4 billion yuan ($35.29 billion). Wanda Cultural Industry Group is one of China's cultural enterprises, includes movie theaters as well as sports and film production assets, and contributed 28% or $10.85 billion to overall revenue. Wanda Group ranks 28th on the 2020 China Top 500 Private Enterprises List. History The company was founded ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Sunseeker International
Sunseeker International is a Chinese owned British luxury performance motor yacht brand. Originally named Poole Power Boats, the company was founded by brothers Robert and John Braithwaite in 1969. The company changed its name to Sunseeker International in 1985 and has since become a global icon. Its headquarters and main assembly facility is in Poole Harbour, at Poole in Dorset, England. Chinese conglomerate Dalian Wanda Group has owned the company since 2013. It is the largest UK-based luxury yacht maker measured by 2012 revenues. Profile Corporate information The main operating company's (Sunseeker International Limited, company number 00675320) registered office is Sunseeker House, West Quay Road, Poole, Dorset, BH15 1JD. Sunseeker describes the nature of its business using the Standard Industrial Classification number 30110: 'Building of ships and floating structures'. A holding company, Sunseeker International (Holdings) Limited, was founded in 2006 using an off-t ...
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Mainland China
"Mainland China" is a geopolitical term defined as the territory governed by the People's Republic of China (including islands like Hainan or Chongming), excluding dependent territories of the PRC, and other territories within Greater China. By convention, the territories that fall outside of the Chinese mainland include: * Hong Kong, a quasi-dependent territory under PRC rule that is officially designated a " Special Administrative Region of the PRC" (formerly a British colony) * Macau, a quasi-dependent territory under PRC rule that is officially designated a "Special Administrative Region of the PRC" (formerly a Portuguese colony) * Territories ruled by the Republic of China (ROC, commonly referred to as Taiwan), including the island of Taiwan, the Penghu (Pescadores) islands in the Taiwan Strait, and the islands Kinmen, Matsu, and Wuqiu (Kinmen) offshore of Fujian. Overseas Chinese, especially Malaysian Chinese and Chinese Singaporeans, use this term to describe people ...
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Property Developer
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint venture, create, imagine, control, and orchestrate the process of development from the beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. Typically, developers purchase a t ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple List of legal entity types by country, business entities operating in entirely different industries under one corporate group, usually involving a Holding company, parent company and many Subsidiary, subsidiaries. Conglomerates are often large and Multinational corporation, multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of Economic bubble, speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acqu ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism ...
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Beijing
} Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 million residents. It has an administrative area of , the third in the country after Guangzhou and Shanghai. It is located in Northern China, and is governed as a municipality under the direct administration of the State Council with 16 urban, suburban, and rural districts.Figures based on 2006 statistics published in 2007 National Statistical Yearbook of China and available online at archive. Retrieved 21 April 2009. Beijing is mostly surrounded by Hebei Province with the exception of neighboring Tianjin to the southeast; together, the three divisions form the Jingjinji megalopolis and the national capital region of China. Beijing is a global city and one of the world's leading centres for culture, diplomacy, politics, finance, busine ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or ...
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Liaoning
Liaoning () is a coastal province in Northeast China that is the smallest, southernmost, and most populous province in the region. With its capital at Shenyang, it is located on the northern shore of the Yellow Sea, and is the northernmost coastal province of the People's Republic of China. Historically a gateway between China proper and Manchuria, the modern Liaoning province was established in 1907 as Fengtian or Fengtien province and was renamed Liaoning in 1929. It was also known at that time as Mukden Province for the Manchu name of ''Shengjing'', the former name of Shenyang. Under the Japanese-puppet Manchukuo regime, the province reverted to its 1907 name, but the name Liaoning was restored for a brief time in 1945 and then again in 1954. Liaoning borders the Yellow Sea ( Korea Bay) and Bohai Sea in the south, North Korea's North Pyongan and Chagang provinces in the southeast, Jilin to the northeast, Hebei to the southwest, and Inner Mongolia to the n ...
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Dalian
Dalian () is a major sub-provincial port city in Liaoning province, People's Republic of China, and is Liaoning's second largest city (after the provincial capital Shenyang) and the third-most populous city of Northeast China. Located on the southern tip of Liaodong peninsula, it is the southernmost city in both Liaoning and the entire Northeast. Dalian borders the prefectural cities of Yingkou and Anshan to the north and Dandong to the northeast, and also shares maritime boundaries with Qinhuangdao and Huludao across the Liaodong Bay to west and northwest, Yantai and Weihai on the Shandong peninsula across the Bohai Strait to the south, and North Korea across the Korea Bay to the east. As of the 2020 census, its total population was 7,450,785 inhabitants whom 5,106,719 lived in the built-up (or metro) area made of 6 out of 7 urban districts, Pulandian District not being conurbated yet. Today a financial, shipping, and logistics center for East Asia, Dalian ...
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Competitor Group
Competitor Group, Inc. (CGI) is a privately held, for-profit, sports marketing and management company based in Mira Mesa, San Diego, California. The company owns and operates over 40 large scale running, cycling, and triathlon events; of which includes the Rock 'n' Roll Marathon Series. History Competitor Group was formed by Falconhead Capital at the end of 2007 when the firm acquired Elite Racing, an operator of running events in the United States, as well as La Jolla Holding Group, LLC (''Triathlete'' magazine) and Competitor Publishing. In 2008, Falconhead Capital acquired Inside Communications, Inc., owners of ''VeloNews'', ''Inside Triathlon'', adding them to the CGI business portfolio. With the acquisition of Elite Racing, CGI rapidly expanded its event production with the Rock 'n' Roll Marathon Series. In addition to the races already produced under Elite Racing, CGI has purchased under-performing marathon and half-marathon races as well as starting new races around the U ...
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Wuzhou Film Distribution
Wuzhou Film Distribution () is a Chinese film distribution company owned by Wanda Group Wanda Group (), or the Dalian Wanda Group (), is a Chinese multinational conglomerate founded in Dalian, Liaoning and headquartered in Beijing. It is a private property developer and owner of Wanda Cinemas and the Hoyts Group. With inv .... Filmography References {{China-company-stub Film distributors of China Dalian Wanda Group ...
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