One, the development history of Poly Group:
1, China Poly Group Co., Ltd. is the predecessor of the Poly Science and Technology Co. Ltd. adheres to the tenet of "serving for the modernization of national defense and the modernization of the country", the business philosophy of "honesty and innovation, advancing with the times" aiming to "protect business profits", and the core values of scientific and technological innovation. The core values of science and technology innovation, hard work and self-improvement in the fierce domestic and international market tide, has now formed a military and civilian goods trade, real estate development, cultural and artistic management, mineral resources investment and development, civil explosives science and technology as the main industry of the "five-wheel-drive" pattern of development. On July 12, 2017, China Poly Group was awarded Grade A in SASAC's 2016 annual business performance appraisal, and on January 2, 2018, Poly Group announced in the Shanghai Clearing House that the Group had successfully completed its corporate restructuring and its company name was changed from "China Poly Group Corporation" to "China Poly Group Limited". On July 19, 2018, the Fortune 500 list was released ranking 312th.In July 2019, the 2019 Fortune 500 ranked 242nd.On September 28, 2020, the 2020 China's top 500 service enterprises list ranked 26th.
2, In August 2017, China National Light Industry Group Corporation and China National Craft (Group) Corporation were merged into China Poly Group Corporation as a whole and became its wholly-owned subsidiaries, and ceased to be a directly supervised enterprise by SASAC.On July 8, 2019, China Poly Group Corporation implemented a reorganization with China Zhongshi Group Corporation. The whole of China National Silk Group was transferred into China Poly Group without compensation.
In April 2020, it was selected as one of the "Model Enterprises of Science and Technology Reform" by the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council, and was listed as an "A-class enterprise" in the 2020 annual assessment of the operating performance of the head of the centralized enterprises.
2, Wanda Group's development history:
1, Dalian Wanda Group Co., Ltd (Wanda Group or Wanda for short), founded in 1988, the formation of four major industrial groups: commercial, cultural, real estate and financial.
2, Wanda Commercial holds property area of 33.87 million square meters, and has opened 323 Wanda Plazas in Beijing CBD, Shanghai Wujiaochang, Chengdu Jinniu and Kunming Xishan. Wanda Culture Group had revenues of 30.8 billion yuan in the first half of 2017. Wanda Network Technology Group is an industrial + Internet large-scale open platform company, owning companies such as Feifan Information, Fast Money Payment, Credit Collection, Network Credit, Big Data, etc. It utilizes technologies such as Big Data, Cloud Computing, Artificial Intelligence, and Scene Application to realize digital upgrading for the physical industry and provide consumers with new consumption services in the living circle. Wanda Financial Group owns investment, asset management, insurance and other companies, and will realize full-license financial operation in the future. Dalian Wanda Group Co. had a revenue of 186.6 billion yuan in 2013, creating eight consecutive years of 30% growth. on December 23, 2014, Wanda Commercial Real Estate was listed on the Hong Kong Stock Exchange.
3, in August 2016, the national federation of industry and commerce released the list of "2016 China's top 500 private enterprises", Dalian Wanda ranked sixth; the same month, Dalian Wanda ranked 42nd in the "2016 China's top 500 enterprises". In February 2018, Wanda sold a 17% stake in Atletico Madrid, with Quantum Pacific Group, under the helm of Israeli tycoon Idan Ofer, as the acquirer of the stake. In August 2019, DDT announced that it had entered into a strategic partnership with Wanda Hotels & Resorts. Dalian Wanda Group Co. ranks 13th on 2019 China's Top 100 Private Enterprises in Service Industry list. On September 1, 2019, the 2019 China's Top 500 Service Industry Enterprises list was released in Jinan, Dalian Wanda Group Co. ranked 50th, and the 2020 China's Top 500 Private Enterprises list ranked Dalian Wanda Group Co. 28th.