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00169 WANDA HOTEL DEV

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  • 0.207
  • +0.001+0.49%
Market Closed Mar 28 16:08 CST
972.35MMarket Cap5.91P/E (TTM)

About WANDA HOTEL DEV Company

Wanda Hotel Development Co., Ltd. (stock code: 169) is an investment holding company. Its subsidiaries are mainly engaged in commercial real estate development, leasing, management and investment holding business. The company was listed on the main board of the Hong Kong Stock Exchange in 2002. In June 2013, Dalian Wanda Commercial Real Estate Co., Ltd. (“Dalian Wanda Commercial Real Estate”) officially became the controlling shareholder. The company also changed its name to Wanda Hotel Development Co., Ltd. in October 2014. The Group currently owns Fuzhou Hengli City and Guilin Wanda Plaza projects in China, and complex real estate projects overseas, such as London, England, Madrid, Spain, Chicago, USA, and Gold Coast in Australia. With the exception of the residential and commercial parts, these overseas complex real estate projects all have luxury hotels. With support from parent company Dalian Wanda Commercial Real Estate, the Group will continue to focus on international hub cities that can attract a large number of tourists, business trips, and a growing number of international tourists, and actively participate in the development and operation of hotel-oriented complex real estate projects. The Group plans to sell the residential portion, own the commercial portion and the hotel as an investment when market conditions are favorable, and entrust the hotel to Wanda's own brand (currently the relevant brands include, but are not limited to, Wanda Mandarin, Wanda Reiwa, and Wanda Royal) to operate. The Company anticipates that the Group's hotel development business will grow in the next few years and become an important part of the Group's business. The Group will continue to maintain a cautious attitude and is committed to developing financing channels, continuing to actively seek investment opportunities with excellent returns and in line with the Group's development strategy, and steadily advancing the development of real estate projects with Dalian Wanda Commercial Real Estate in accordance with the above strategy, further expanding the Group's revenue sources, enhancing the Group's profitability, and maximizing shareholders' interests. Link to Dalian Wanda Commercial Real Estate website.

Company Profile

Symbol00169
Company NameWANDA HOTEL DEV
ISINBMG9430N1039
Listing Date06/04/2002
Issue Price1.00
Shares Offered84.00M share
Founded11/02/2000
RegistrationBermuda
ChairmanQifeng Ning
SecretaryHuimin Xu
Audit InstitutionErnst & Young
Company CategoryOther
Registered OfficeVictoria Place, 5th Floor, 31 Victoria Street, Hamilton HM 10, Bermuda
Head Office and Principal Place of BusinessRoom 3007, 30th floor, Tower 2, Exchange Square, 8 Connaught Place, Central, Hong Kong
Fiscal Year Ends12-31
Employees709
MarketHong Kong motherboard
Phone2153 3600
Fax2153 3610
Emailwanda.ir@wanda.com.cn
Business Wanda Hotel Development Co., Ltd. is a company engaged in property development, property investment, property management and investment holding activities. The Company engages in property development, property investment and property management in the People's Republic of China (“China”) and overseas. The company's business is divided into two major divisions: China Division and Overseas Division. The China Division is mainly engaged in the sale and leasing of commercial and residential properties in China. The Overseas Division engages in the development of overseas property projects. The company's subsidiaries include Wanda International Real Estate Investments Limited, Wanda One (UK) Limited, Wanda European Real Estate Investment Co., Ltd., and Wanda Real Estate Investment Co., Ltd. The company's projects under construction include 1 Nine Elms Lane, London SW8 5NQ, The United Kingdom, and Plaza de Espana, 19,28008, Madrid, Spain, etc.

Company Executives

  • Name
  • Position
  • Salary
  • Lin Zhang
  • Non-Executive Director
  • --
  • Xu Han
  • Non-Executive Director,Authorized Representative
  • --
  • Qifeng Ning
  • Nomination Committee Chairman,Chairman,Executive Director
  • --
  • Yingwu Liu
  • Assistant to the Senior President of Dalian Wanda Business Management and Director of Wanda Hotel Design and Research Institute,Executive Director
  • --
  • Zhiping He
  • Independent Non-Executive Director,Remuneration Committee Member,Audit Committee Member
  • --
  • Binsheng(teng bing sheng) Teng
  • Audit Committee Member,Independent Non-Executive Director,Remuneration Committee Chairman,Nomination Committee Member
  • --
  • Yan Chen
  • Nomination Committee Member,Audit Committee Chairman,Remuneration Committee Member,Independent Non-Executive Director
  • --
  • Huimin Xu
  • Company Secretary
  • --
  • Jun Dong
  • Vice President of Wanda Hotel Management (Shanghai) Co., Ltd. and Assistant to the President of Dalian Wanda Business Management
  • --
  • Mengchao Chen
  • Vice President of Wanda Hotel Management (Shanghai) Co., Ltd.
  • --
  • Bing Yang
  • Vice President of Wanda Hospitality Management (Hong Kong) Limited
  • --

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