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Wanda Group announces 70 bn yuan strategic investment in Guangxi

Jun 02,2015

Wang Jianlin poses with senior officials of the Guangxi Zhuang Autonomous Region

Wanda Group signed a historical deal with the government of the Guangxi Zhuang Autonomous Region on April 16. The deal will see Wanda investing a total of 70 billion yuan in Guangxi over the next few years to develop 14 Wanda Plaza’s and cultural tourism projects and will push the company’s total investment in the region over 100 billion yuan. 

Attending the signing ceremony was Chen Wu, Chairman of the Guangxi Zhuang Autonomous Region;  Lan Tianli, Vice-Chairman of the Guangxi Zhuang Autonomous Region and other senior officials. Wanda Group Chairman Wang Jianlin and Wanda Cultural Industry Group Senior Vice President Hu Zhangpeng attended the ceremony on behalf of the company. Chairman Chenwu thanked Wanda for their immense contribution towards the restructuring of Guangxi’s industry. Mr. Chenwu also praised Wanda in particular for the pace and quality of its project development and further pledging to support its various projects across Guangxi. 

Chairman Chenwu thanked Wanda for their immense contribution towards the restructuring of Guangxi’s industry. Mr. Chenwu also praised Wanda in particular for the pace and quality of its project development and further pledging to support its various projects across Guangxi. 

Wang Jianlin thanked the government for their continuous support and announced that Guangxi would become one of the group’s key regions for strategic investment in the future.

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