Regarding real estate, Wang Jianlin has basically succeeded in Wanda's transformation. Is Wanda Group no longer a real estate enterprise?

65438+ 10/4, at the annual meeting of Wanda Group, Wang Jianlin announced that the transformation of Wanda was basically successful. He made it clear that not only Wanda Group is not a real estate enterprise, but Wanda Commercial is no longer a real estate enterprise.

20 16 is the turning point of Wanda's development. According to the report of Wanda Group, Wanda's service industry revenue accounts for 55%, surpassing real estate for the first time in history, and its unaudited net profit is also greater than real estate. Wanda achieved the goal of the transformation stage one year ahead of schedule; In particular, Wanda Commercial, as the core enterprise of transformation, is expected to have a net profit of over 50% in leasing business, although its real estate income is still greater than other businesses such as rent.

In addition, Wang Jianlin also announced that Wanda Commercial has successfully transformed into a light asset. Of the 50 wanda plaza companies opened on 20 16, 2 1 is a light asset. 20 16 in the fourth quarter, Wanda Commercial signed 90 wanda plaza contracts with CITIC Trust, Minsheng Trust and R&F Group, with an investment contract value of/kloc-0.05 billion yuan. From 20 17 to 20 19, 30 wanda plaza will be delivered to investors every year, and the net rent will be shared equally by both parties. This light asset model is called "investing in wanda plaza". In addition, Wanda has also explored another model-"cooperative wanda plaza", in which the other party pays for the land, Wanda is responsible for the design, construction guidance and investment operation, and the net rent is shared equally by both parties.