Wanda Cinemas (simplified Chinese: 万达院线; traditional Chinese:
萬達院線; pinyin: Wàndá Yuànxiàn) is a cinema operator in
China, headquartered in the
Wanda Plaza (万达广场) in Chaoyang
District, Beijing. It is a part of the Dalian Wanda Group. As of
Wang Jianlin is the head of the company. As of January 2018,
Wanda Cinema remained China's largest film distributor. Some
locations are named Wanda International Cinemas (Chinese:
万达国际影城; pinyin: Wàndá Guójì Yǐngchéng).
As January, 2018, Wanda Cinema had 525 cinemas with 4648 screens
worldwide.The revenue in 2017 is 13.2 billion yuan.
2 Facilities and operations
3 See also
5 External links
The company was founded in 2005.
In 2014 the company had 4.2 billion yuan ($681.7 million) in box
office revenue, the highest grossing in China. In 2014 the China
Securities Regulatory Commission gave approval for the company's
IPO. In 2015 it was again the largest cinema chain by box office
gross, with US$945 million, representing 14% of the market.
As of 2014, the company had a total of 1,616 screens, including 94
IMAX screens, in 182 cinema complexes in almost 100 cities in China,
making it the largest movie theater operator in Asia. As of December
2015, the number of screens has since risen to an estimated 2,000
In June 2015,
Wanda Cinemas announced that it had acquired Australian
cinema chain Hoyts. On July 27, 2016, the company announced it
would acquire film website Mtime.
In 2016, the total box office of Wanda Cinema is 7.6 billion RMB, with
a 20.5% increasing.
As of April 2017, Wanda Cinema remained China's largest film
Financial Times reported on April 1, 2017 that
Wanda Cinema had "reported a 7.5 per cent year-on-year increase in
annual net profit." 
In November 2017,
Wanda Cinemas won the 2017 "
China Top 100
Enterprises Award ".
On February 5,
Wanda Group signed a strategic investment agreement
with Alibaba Group and Cultural Investment Holdings. The 2 parties
will invest 7.8 billion yuan for Wanda Film Holding’s 12.77% stake.
Of which, Alibaba invests 4.68 billion yuan and CIS invests 3.12
billion yuan, becoming the second and third largest shareholders after
Wanda Group remains the controlling shareholder with
48.09% of shares in Wanda Film.
Facilities and operations
Wanda International Cinema in Yinzhou District, Ningbo
Wanda Cinemas is headquartered in the
Wanda Plaza in Chaoyang
Wanda Plaza houses the company
headquarters and includes the
Beijing CBD Wanda Cinemas
Some locations are named Wanda International Cinemas. As of 2016, it
has a total of 2,789 screens in 320 theaters in China, Australia and
New Zealand. As of June 2016, it was the largest exhibitor in
China, with 2,700 screens in 311 theaters.
In 2018, Shanghai Wujiaochang Wanda Cinema introduced the very first
LED cinema screen in China. The LED cinema screen has a width of
nearly 10.3 meters, ultra-clear 4K resolution, with its peak
brightness 10 times higher than traditional projection equipment.
List of cinema and movie theater chains
List of IMAX venues
^ a b "联系我们." Wanda Cinemas. Retrieved on January 3, 2015.
^ a b Agencies. "
China mogul's cinema chain gets nod for mainland
China Daily. December 1, 2014. Retrieved on January 4, 2015.
^ a b c Fei Ju, Sherry; Clover, Charles (April 1, 2017). "China's
Hollywood war chest threatened by poor ticket sales". Financial Times.
Retrieved April 3, 2017.
^ "Investor relationship" (PDF).
^ "公司简介-万达院线". www.wandacinemas.com. Retrieved
^ "Company Profile". Official Website of
Wanda Cinemas (in Chinese).
Retrieved 6 June 2015.
^ a b c Spangler, Todd (July 27, 2016). "
Wanda Cinemas to Acquire
Mtime Chinese Movie E-Commerce Site in $350 Million Deal". Variety.
Retrieved July 27, 2016.
^ Patrick Brzeski (December 17, 2015). "Box Office: 'Star Wars' Is An
Unknown Force in China". The Hollywood Reporter. Retrieved December
^ Matthew Miller (2 June 2015). "China's Dalian Wanda buys Australian
cinema chain Hoyts". Reuters. Retrieved 3 June 2015.
Wanda Group Says It Signs Strategic Investment Agreement With
Al". Reuters. 5 February 2018. Retrieved 2018-02-09.
^ "商户分布" (Archived 2015-01-06 at WebCite).
Beijing CBD Wanda
Plaza. Retrieved on January 6, 2015.
^ "北京万达电影城CBD店." mtime.com. Retrieved on January 6,
^ Giardina, Carolyn (June 22, 2016). "Wanda Opens Asia's First Dolby
Cinema Theater". The Hollywood Reporter. Retrieved June 23,
Wikimedia Commons has media related to Wanda Cinemas.
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Wanda Cinemas (in English)
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