New China Life Insurance makes another move. It has acquired seven Wanda Plazas this year.
Wanda's assets are traded once more.
The Tianyancha APP indicates that on December 26, the Yinchuan Jinfeng District Wanda Plaza Real Estate Co., Ltd. under Dalian Wanda underwent industrial and commercial alterations. Dalian Wanda Commercial Management Group Co., Ltd. withdrew from the list of shareholders, and Kunhua (Tianjin) Equity Investment Partnership (Limited Partnership) took over, becoming the sole shareholder of Yinchuan Jinfeng District Wanda Plaza.
Industrial and commercial alteration information of Yinchuan Jinfeng District Wanda Plaza
Kunhua (Tianjin) Equity Investment Partnership (Limited Partnership) is jointly established by New China Life Insurance Co., Ltd. (hereinafter referred to as "New China Insurance") and CICC Capital Operation Co., Ltd., among which the equity share of New China Insurance is 99.9%.
Equity structure of Kunhua (Tianjin)
Since this year, New China Insurance has taken possession of 7 Wanda Plazas:
- Yinchuan Jinfeng District Wanda Plaza Real Estate Co., Ltd.: On December 26, the original shareholder Dalian Wanda Commercial Management Group Co., Ltd. withdrew, and Kunhua (Tianjin) Equity Investment Partnership (Limited Partnership) under New China Insurance contributed 100% to become the sole shareholder.
- Jinjiang Wanda Plaza Co., Ltd.: On December 18, the original shareholder Dalian Wanda Commercial Management Group Co., Ltd. withdrew, and Kunhua (Tianjin) Equity Investment Partnership (Limited Partnership) was added as a shareholder.
- Chifeng Wanda Plaza Co., Ltd.: On December 17, the original shareholder Dalian Wanda Commercial Management Group Co., Ltd. withdrew, and Kunhua (Tianjin) Equity Investment Partnership (Limited Partnership) was added as a shareholder.
- Chengdu Wanda Commercial Plaza Investment Company: On October 16, Kunhua (Tianjin) Equity Investment Partnership (Limited Partnership) acquired 100% of the equity of Chengdu Wanda Commercial Plaza Investment Co., Ltd.
- Nanjing Wanda Mao Investment Company: On September 19, Kunhua (Tianjin) Equity Investment Partnership (Limited Partnership) took over 100% of the equity of Nanjing Wanda Mao Investment Co., Ltd.
- Yantai Zhifu Wanda Plaza Company: On July 1, Kunhua (Tianjin) Equity Investment Partnership (Limited Partnership) invested in 100% of the equity of Yantai Zhifu Wanda Plaza Co., Ltd.
- Beijing Wanda Plaza Industrial Company: On April 9, Kunhua (Tianjin) Equity Investment Partnership (Limited Partnership) acquired 100% of the equity of Beijing Wanda Plaza Industrial Co., Ltd.
The total subscribed capital of the above 7 Wanda Plazas is approximately 3.017 billion yuan.
Tianyancha information shows that Kunhua (Tianjin) Equity Investment Partnership (Limited Partnership) was registered and established on December 14, 2023. Since its establishment, it has made 7 foreign investments, all of which are acquisitions of Wanda's assets.
Foreign investment information of Kunhua (Tianjin)