Core Viewpoint - Wanda Group is planning to transfer 48 of its commercial management companies, including three Wanda Plaza projects in Chengdu, to a joint venture involving several firms, including Tencent. The transaction has been unconditionally approved, but the specific amount remains undisclosed [1][7]. Group 1: Transaction Details - The joint venture includes firms such as Taima (Zhuhai) Management Consulting, Gaohe Fengde (Beijing) Management Services, Tencent Holdings, and others, which will acquire 100% equity of the target companies held by Dalian Wanda Commercial Management Group [1][2]. - The three Chengdu Wanda companies involved in the transfer are Chengdu Shuangliu Wanda Plaza Investment Co., Chengdu Qingyang Wanda Plaza Investment Co., and Chengdu Pidu Wanda Plaza Management Co. [1][2]. Group 2: Performance of Chengdu Wanda Plazas - The three Wanda Plazas in Chengdu opened in 2016 and are the third, fourth, and fifth Wanda Plazas established by Wanda Group in the region [3][5]. - In 2023, the revenue for the three Chengdu Wanda Plazas was reported as follows: Shudu Wanda at 1.25 billion yuan, Qingyang Wanda at 1.22 billion yuan, and Shuangliu Wanda at 1.20 billion yuan, ranking 26th, 28th, and 29th respectively in the performance list of major commercial complexes in Chengdu [3][5]. Group 3: Future Operations - Post-transfer, Wanda Commercial Management will continue to manage the daily operations of these plazas, but ownership will fully shift, indicating a strategic move from "heavy asset ownership" to "light asset brand output and management" for Wanda Group [7].

Core Viewpoint - The announcement by the State Administration for Market Regulation reveals Wanda Group's strategic shift towards a light-asset model through the establishment of a joint venture to acquire 100% equity in 48 target companies, including key Wanda Plaza locations in Heilongjiang Province [1][6]. Group 1: Acquisition Details - The joint venture involves several companies, including TPG (Zhuhai), Gaohe Fengde, Tencent Holdings, and Sunshine Life Insurance, indicating a collaborative effort to manage and acquire Wanda's assets [1][6]. - The specific financial details of the transaction have not been disclosed, but it is part of Wanda's strategy to alleviate debt pressure by selling off multiple Wanda Plaza projects over the past two years [1][6]. Group 2: Strategic Implications - The involvement of tech giants like Tencent and JD.com suggests that this acquisition may not be purely financial but could also aim to integrate Wanda's offline retail spaces with online ecosystems, enhancing customer engagement through digital channels [6]. - The example of Harbin Haxi Wanda Plaza, a flagship project, highlights its significance as a cultural and commercial landmark, which has maintained vitality through community engagement and events [7][9]. Group 3: Future Challenges - The new investors will face challenges in balancing Wanda's standardized operational model with local consumer preferences, particularly in regions with long winters, necessitating a focus on indoor experiences [9]. - There is a need to optimize the tenant mix, as evidenced by past regulatory issues related to space utilization and safety compliance, which could impact operational efficiency [9].

5月27日消息，天眼查App显示，近日王健林所持大连万达商业管理集团股份有限公司超3亿股权被冻 结，执行法院为大连市西岗区人民法院。 国家市场监管总局近日披露的信息显示，太盟(珠海)管理咨询合伙企业(有限合伙)、高和丰德(北京)企业 管理服务有限公司、腾讯控股有限公司、北京市潘达商业管理有限公司、阳光人寿保险股份有限公司， 将直接或通过各自关联方共同设立合营企业，并通过合营企业收购万达商管直接或间接持有的48家目标 公司的100%股权。有市场消息称，此次交易金额将达到500亿元。 据不完全统计，2023年至2024年，王健林已陆续出售超过30座万达广场。官网数据显示，截至2023年 底，万达旗下拥有498座万达广场。 除了出售万达广场之外，今年4月万达以24.97亿元的价格，向同程旅行出售万达酒店管理公司。这可为 王健林带来约15亿元分红现金流。 业内人士分析称，经过本轮大幅调整，万达自持商业地产比重将降至历史新低，轻资产运营模式逐渐清 晰。但也有分析认为，万达为实现转型，也要为此承担不小的代价，其核心商业资产流失可能削弱租金 收益基本盘。 天眼查显示，目前王健林名下关联42余家企业。其中，10家为存续或开业 ...

据国家市场监管总局最新披露，太盟（珠海）管理咨询合伙企业（有限合伙）、高和丰德（北京）企业 管理服务有限公司、腾讯控股有限公司、京东旗下北京市潘达商业管理有限公司、阳光人寿保险股份有 限公司直接或通过其各自关联方共同设立合营企业，并通过合营企业收购大连万达商业管理集团股份有 限公司直接或间接持有的48家目标公司的100%股权。 这是近两年以来，王健林出售万达广场动作最大的一次。根据列表，这48家目标公司分别涉及北京、广 州、成都、杭州、南京、武汉、厦门、福州、泉州、莆田等，共计39个城市的48座万达广场。国家市场 监管总局于5月21日无条件批准该交易，但具体金额未披露。 截至记者发稿，万达未就此事作出官方回应。 近日，"王健林再卖48座万达广场"登上热搜。 此次交易的收购方，基本都是万达的"老熟人"。比如，2018 年 1 月腾讯控股、苏宁、融创、京东与大 连万达集团签署战略投资协议，以 340 亿元入股万达商业，收购大连万达商管在香港退市时引入的投资 人持有的约14% 股份。 2024年3月30日，为解决上市受阻的对赌危机，大连万达商管集团宣布，与太盟投资集团、阿布扎比投 资局、穆巴达拉投资公司、中信资本、 ...

本文转载自证劵时报 值班编辑 | 宝珠 视觉 | 诺言 作为知名商业地产开发商，万达集团的一举一动备受关注。 5月26日，"王健林再卖48座万达广场"话题再次冲上热搜。 据国家市场监管总局近日披露的信息，太盟（珠海）管理咨询合伙企业（有限合伙）（以下简称"太盟 投资集团"）、高和丰德（北京）企业管理服务有限公司、腾讯控股有限公司、北京市潘达商业管理有 限公司、阳光人寿保险股份有限公司直接或通过其各自关联方共同设立合营企业，并通过合营企业收购 大连万达商业管理集团股份有限公司（以下简称"大连万达"）直接或间接持有的48家目标公司的100%股 权。 三十六十六日 键输入复造询的内容 Q) tion for Market Regulation ♡ 服务 = 互动 国 新闻 le 政务 8= 专题 份 首页 品 机构 你的位置:直页>专题>强化反盗新执法 2025年5月5日—5月11日 无条件批准经营者集中案件列表 c & @ 发布时间:2025-05-20 08:28 信息来源:反盗断执法二司 序号 案件名称 参与集中的经营者 审结时间 太盟(珠海) 管理咨询合伙企业(有限合伙) 高和丰德(北京) 企业管理服务有限 ...

EVERBRIGHT GRAND CHINA ASSETS LIMITED Everbright Grand China Assets Limited (the "Company") 光大永年有限公司 (Incorporated in the British Virgin Islands with limited liability and transferred by way of continuation into the Cayman Islands) （於英屬維爾京群島註冊成立並以存續方式 在開曼群島註冊的有限公司） （Stock Code 股份代號：3699） NOTIFICATION LETTER 通知信函 Dear Non-Registered Shareholders(Note 1) , 25 April 2025 – Notice of publication of (i) 2024 Annual Report, and (ii) Circular relating to proposed re-election of retiring directors and proposed gran ...

EVERBRIGHT GRAND CHINA ASSETS LIMITED 光大永年有限公司 (Incorporated in the British Virgin Islands with limited liability and transferred by way of continuation into the Cayman Islands) （於英屬維爾京群島註冊成立並以存續方式 在開曼群島註冊的有限公司） （Stock Code 股份代號：3699） NOTIFICATION LETTER 通知信函 Dear Registered Shareholders, 25 April 2025 Everbright Grand China Assets Limited (the "Company") The English and Chinese versions of the Company's Current Corporate Communications are now available on the Company's website at www.ebgca.com.hk and the ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本通告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本通告全部或任何部份內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 EVERBRIGHT GRAND CHINA ASSETS LIMITED 光大永年有限公司 （於英屬維爾京群島註冊成立並以存續方式 在開曼群島註冊的有限公司） （股份代號：3699） 「有關期間」指由本決議案通過時起至下列三者中的最早日期止的期間： 「動議： (a) 在符合香港聯合交易所有限公司證券上市規則現行規定及下文(b)段的 情況下，一般及無條件授予本公司董事一般授權，以根據所有適用法 例、規則及規例於有關期間（定義見下文）內或結束後配發、發行及處 – 2 – (a) 在符合香港聯合交易所有限公司證券上市規則現行規定及下文(b)段的 規限下，一般及無條件授予本公司董事一般授權，以依據所有適用的 法例、規則及規例，於有關期間（定義見下文）內行使本公司的一切權 力以購回其股份； (b) 本公司根據上文(a)段的授權所購回的股份的總數，不得超過本公司於 本決議案通過日期已發行股份（不包括持作庫存股份的 ...

此乃要件 請即處理 閣下如對本通函的任何內容或應採取的行動有任何疑問，應諮詢 閣下的股票經紀或其他註冊證券商、銀 行經理、律師、專業會計師或其他專業顧問。 閣下如已將名下的光大永年有限公司股份全部售出或轉讓，應立即將本通函連同隨附的代表委任表格送交 買主或受讓人或經手買賣或轉讓的銀行、股票經紀或其他代理商，以便轉交買主或受讓人。 EVERBRIGHT GRAND CHINA ASSETS LIMITED 光大永年有限公司 （於英屬維爾京群島註冊成立並以存續方式 在開曼群島註冊的有限公司） 香港交易及結算所有限公司及香港聯合交易所有限公司對本通函的內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不對因本通函全部或任何部份內容而產生或因倚賴該等內容而引致的任 何損失承擔任何責任。 （股份代號：3699） 建議重選退任董事 及 建議授出購回股份及發行股份的一般授權 及 股東周年大會通告 光大永年有限公司謹訂於2025年6月11日（星期三）下午三時正假座香港灣仔港灣道1號香港君悅酒店閣樓畫 堂舉行股東周年大會，大會通告載於本通函。 不論 閣下能否出席股東周年大會，務請盡早將隨附的股東周年大會所用的代 ...

Financial Performance - For the year ended December 31, 2024, the Group reported revenue of RMB 45,910,000, a decrease of 1.85% from RMB 46,779,000 in 2023[12] - Profit before tax for 2024 was RMB 29,107,000, an increase of 10.9% compared to RMB 26,292,000 in 2023[12] - The profit for the year attributable to owners of the Company was RMB 25,260,000, representing a 31.2% increase from RMB 19,258,000 in 2023[12] - The Group recorded a revenue of RMB45.9 million for the same period, representing a decrease of approximately 1.9% year-on-year[20] - The rental income from the property leasing business was approximately RMB30.5 million, down from RMB33.2 million in the previous year[32] - The basic earnings per share for the year ended 31 December 2024 was approximately RMB0.06, compared to RMB0.04 in 2023[31] Assets and Liabilities - Total assets as of December 31, 2024, amounted to RMB 1,209,185,000, up from RMB 1,194,298,000 in 2023, reflecting a growth of 1.5%[14] - Total liabilities decreased to RMB 217,348,000 in 2024 from RMB 221,939,000 in 2023, indicating a reduction of 2.4%[14] - The net assets of the Group increased to RMB 991,837,000 in 2024, compared to RMB 972,359,000 in 2023, marking a growth of 2.8%[14] - As of December 31, 2024, the total equity of the Group was approximately RMB991.8 million, an increase from RMB972.4 million in 2023[55] - The Group maintained cash and bank balances of approximately RMB231.5 million as of December 31, 2024, compared to RMB222.2 million in 2023[55] - The Group's net current assets were approximately RMB220.0 million as of December 31, 2024, up from RMB205.6 million in 2023[55] Gearing and Financial Position - The gearing ratio improved to 18.0% in 2024 from 18.6% in 2023, indicating a stronger financial position[14] - As of 31 December 2024, the Group had cash and cash equivalents of RMB231.5 million and a gearing ratio of 18%[20] - The gearing ratio of the Group was 18.0% as of December 31, 2024, slightly down from 18.6% in 2023[56] Market and Industry Trends - The property management industry experienced rapid development in 2024, driven by favorable policies and increasing market demand[16] - The economic environment showed signs of stabilization and slow recovery, benefiting from growth-stabilizing policies and structural reforms in China[16] - The property management industry is shifting focus from growth in management scale to enhancing service quality and value-added services[46] - The Group anticipates that rental trends will stabilize with ongoing national policy support and a gradual restoration of market confidence[49] Strategic Focus and Plans - The Group plans to enhance service quality and customer satisfaction while focusing on technological innovation and digital transformation[27] - The Group aims to capitalize on national policies supporting the property management industry, emphasizing intelligent, green, and professional development[22] - The Group will continue to adjust its commercial leasing structures and strengthen overall risk management to enhance brand value[26] - The Group plans to invest in capacity expansion and pursue suitable investment projects to capitalize on potential growth in the coming years[70] Corporate Governance - The Company has complied with all applicable code provisions of the Corporate Governance Code throughout the year ended December 31, 2024, except for the separation of roles between the chairman and CEO[156] - The Board consists of two executive Directors, two non-executive Directors, and four independent non-executive Directors, ensuring a strong independence element in its composition[160] - The Board is committed to maintaining high standards of corporate governance, emphasizing transparency, independence, accountability, and responsibility[153] - The Company has established a Board Independence Evaluation Mechanism to enhance Board effectiveness and safeguard Shareholders' interests[184] Leadership and Management - The company is focused on expanding its market presence and enhancing operational efficiency through strategic leadership changes[94][97][104][106] - The management team has a strong background in finance, real estate, and public relations, which supports the company's growth strategy[97][104][106] - The Group's strategic direction includes potential mergers and acquisitions to strengthen its market position[94][106] - The leadership team is focused on maintaining robust governance and compliance frameworks to support sustainable growth[106] Employee and Staff Information - Total staff costs, including Directors' emoluments, were approximately RMB 17.4 million for the year ended December 31, 2024, compared to RMB 16.9 million in 2023[88] - The Group employed a total of 107 employees and appointed 8 Directors as of December 31, 2024[88] Risk Management and Compliance - The Group is closely monitoring market conditions to evaluate business objectives and apply unutilized net proceeds accordingly to create greater value for shareholders[84] - The Company has arranged appropriate insurance coverage for Directors' and officers' liabilities, reviewed annually[196] - Continuous professional development is emphasized for Directors to stay informed on regulatory developments[199]