Wang Jianlin takes over as the Chairman of Dalian Wanda Commercial Management Group.

On November 5, Dalian Wanda Commercial Management Group Co., Ltd. underwent industrial and commercial registration changes, with Chen Hongtao stepping down as chairman, and Wang Jianlin taking over the positions of chairman and director.

Wang Jianlin stepped down as chairman of the company back in 2012, which was 14 years ago. He holds a 1.1224% stake and is the actual controller of the company. After this change, Chen Hongtao still serves as the legal representative, director and manager of the company.

This is the second adjustment of this position within this year. In June this year, Chen Hongtao took over the posts of chairman, manager and legal representative from Zhang Chunyuan, and only 4 months later, the position of chairman was transferred to Wang Jianlin.

Wang Jianlin took over the leadership of the "large-scale commercial management" entity Dalian Wanda Commercial Management, which holds a 40% stake in Dalian Xindameng, the holding platform of Zhuhai Wanda Commercial Management. The "small-scale commercial management" entity Zhuhai Wanda Commercial Management, which actually operates more than 500 plazas, is controlled by a consortium led by PAG, with Huang Dewei, partner of PAG, serving as its co-chairman.

According to public data, since 2023, Wanda has sold more than 80 Wanda Plazas in total, raising over 90 billion yuan of capital; its hotel management company was sold to Tongcheng Travel for 2.63 billion yuan. At present, Wanda retains about 140 self-operated plazas across the country. In 2025, Wanda Commercial Management achieved a revenue of 28.49 billion yuan and a net profit of 7.97 billion yuan.

This article is sourced from Viewpoint, and 36Kr publishes it with authorization.