About

With an annual revenue of approximately $39bn, Dalian Wanda Group is the world’s biggest private property developer and the world’s largest cinema chain operator. Wang Yunan joined the multinational Chinese conglomerate in 2004 and after successful periods in various senior roles was appointed to his current position of group vice president and general manager of its legal affairs center. In this role he leads a team of 35 legal professionals separated into a group legal affairs department, commercial real estate legal affairs department, cultural group legal affairs department and financial group legal compliance department. Wang’s efforts in leading his team to review and standardise the company’s business contracts were highly commended internally but were almost overshadowed by his successful involvement in a number of major commercial negotiations for the company. One such example was Dalian Wanda’s agreement with IHG in Beijing to invest a total of RMB 15bn in order to build three international hospitals in Shanghai, Chengdu and Qingdao. Making distinguished international deals has been a hallmark of Wang’s tenure at Dalian Wanda Group: for example he concluded the acquisition of Fairfax House in Sydney in a multi-billion dollar deal in January 2015. That same month he completed a deal which saw the company acquire a 20% stake in Atlético Madrid, the Spanish football club, as part of the company’s plan to diversify its assets portfolio. 2015 was in fact a particularly prolific year for Wang who later oversaw Dalian Wanda’s $650m takeover of World Triathlon Corporation and 100% acquisition of HG Holdco, Australia’s second largest cinema chain. The following year, the company acquired Legendary Entertainment for $3.5bn, in one of the five biggest Chinese investments into the US in 2016.