Latest in Wanda Film

Imax and Wanda Film, China’s largest exhibitor, have announced a big expansion of their longtime strategic partnership there spanning technology and content. The agreement calls for Wanda Film to upgrade 61 of its top performing locations to state-of-the-art Imax with Laser technology including in…

China's Wanda Film has appointed actress-turned-film executive Chen Xi as board director and chair.  According to local reports, Chen (who also goes by Yedda Zhixi Chen) additionally will serve as the legal representative of Shenzhen-listed Wanda Film, which is the country's largest cinema operator…

Dalian Wanda Group is selling a 49% stake in its investment arm to local film and TV producer China Ruyi Holdings in an on-going effort to reduce debt.  Wanda is selling the stake in Beijing Wanda Investment for $315M (RMB2.26BN) as part of fundraising efforts to repay debt of $400BN due this past…

Undeterred by the current state of the industry, and despite posting a $668M profit loss for 2019, China's Wanda Film is betting big on the local theatrical business. The division of Dalian Wanda Group said that it intends to spend about $431M raised in a non-public offering of A shares to build more Middle Kingdom…

Trading in Wanda Film Holding Co was halted on the Shenzhen Stock Exchange last July with plans afoot “to acquire film-related assets," the company said at the time. Now, Wanda is getting in gear. On Monday, Wanda Film, which is part of Wang Jianlin’s recently embattled Dalian Wanda Group and holds the conglomerate’s…

As Dalian Wanda Group Chairman Wang Jianlin pursues an asset-light strategy with a focus on reducing corporate debt, the company is selling a 12.77% stake in its film unit for RMB 7.8B ($1.24B). The buyers are Hangzhou Zhenxi Investment Management Co, an affiliate of Jack Ma’s Alibaba Group, and the state-owned…