Wanda Group (simplified Chinese: 万达集团; traditional Chinese: 萬達集團; pinyin: Wàndá Jítuán), or Dalian Wanda (Chinese: 大连万达), is a Chinese multinational conglomerate based in Beijing. It is a private property developer and owner of Wanda Cinemas and the Hoyts Group, as well as a majority shareholder of AMC Theatres.With investments within Mainland China and globally, the Dalian Wanda group has investments across many industries including construction, entertainment, media, industrial manufacturing, financial services, high technology, hospitality, real estate, retail, healthcare, and sports. It was established in Dalian, Liaoning and is now headquartered in Beijing. It ranked 380th on the Fortune Global 500 List in 2017. In 2017, its assets amounted to 700 billion yuan and an annual revenue 227.4 billion yuan ($35.29 billion). Wanda Cultural Industry Group is one of China’s cultural enterprise, which includes movie theaters, sports and film-production assets, contributed 28% or $10.85 billion to overall revenue.