Wanda's Achievements in 2011 Were Extraordinary: Sales Revenue Breaks Through 100 Billion for the First Time
On January 14, 2012, Dalian Wanda Group held its grand annual work summary and commendation conference of 2011 at the Beijing Wanda Sofitel Grand Hotel. The group leaders, department heads of various systems headquarters, general managers and senior executives of local companies attended the meeting, while 47,000 Wanda employees from all over the country participated through a video live streaming system.
Chairman Wang Jianlin delivered an important speech at the meeting, comprehensively summarizing the group's achievements in 2011 and deploying the work plan for 2012. In 2011, Wanda Group exceeded the overall targets with corporate assets reaching 195 billion yuan, revenue hitting 105.1 billion yuan, breaking through the 100-billion-yuan mark for the first time in its history. Various sectors of Wanda Group achieved remarkable accomplishments, among which Wanda Commercial Properties Company realized sales revenue of 95.3 billion yuan, increasing by 38.9% year-on-year; cash receipts amounted to 81.4 billion yuan, increasing by 32% year-on-year; completed settlement reached 50 billion yuan, increasing by 33% year-on-year; total construction area was 31.08 million square meters, increasing by 37.6% year-on-year; new start-up area was 13.27 million square meters, increasing by 24.9% year-on-year; immovable property rental income was 3.43 billion yuan, increasing by 77% year-on-year. By the end of 2011, Wanda Commercial Properties Company held business properties covering an area of 9.03 million square meters, becoming a world-class real estate enterprise.
The meeting commended advanced collectives, outstanding executives and employees, excellent communication units, and excellent correspondents, followed by experience sharing from representatives of advanced groups, after which a grand artistic performance was held.
On the 15th, all participants were divided into multiple sub-venues according to their respective systems to discuss how to implement the spirit of the chairman's speech in their work in 2012 and conduct discussions on the business of their own departments and systems.
January 16, 2011 (Source: XMHOUSE)
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