Ownership Structure of Dalian Wanda Commercial Real Estate Co., Ltd.

According to the prospectus submitted by Wanda Commercial for the first time, Wanda incorporated all three commercial real estate sectors into listed companies, including: long-term investment in property development and leasing business; Develop and sell properties, develop and operate hotels. 90% of the funds raised from this listing will be used to build 65,438+00 property development projects, including wanda plaza in Guangyuan and wanda plaza in Hanan, Harbin.

According to the data provided by Wanda Commercial, in 20 13, the company's total revenue was 86.774 billion yuan and its net profit was 24.882 billion yuan. As of June 30th, in the shopping centers opened by Wanda Commercial Real Estate, the rentable area is about 8.09 million square meters, and the occupancy rate is 97.8%. The average land acquisition cost for developing wanda plaza is per square meter 10 12 yuan.

Wanda's commercial and residential property sales increased from 90.2 billion yuan in 20 1 1 to 20 13126.4 billion yuan, but in the first half of this year, Wanda's total sales reached 56.7 billion yuan, less than half of the annual sales in 20 13.

The net profit of Wanda Commercial Real Estate in the first half of this year was 4.9 billion yuan, much lower than that of 20 10 1 100 million yuan in the same period. The prospectus predicts that the net profit of Wanda Commercial in 20 14 is not less than about13.2 billion yuan.

Wanda Commercial Real Estate stated in its prospectus that its goal is to become the largest commercial real estate company in the world. It is estimated that the completed property assets with a total construction area of about 25 million square meters will be owned by the end of 20 15.