Which two companies have Wanda Group injected into Hong Kong listed companies?

Late at night on August 9th, HKEx announced that Wanda Hotel Development, a subsidiary of Wanda Group, announced a major asset restructuring plan, and two light asset company Wanda hotels, Wanda Hotel Management Company and Wanda Lv Wen Group, were injected into Hong Kong listed companies.

Wanda Hotel tentatively plans to buy all the shares of Wanda Cultural Tourism Creative Group Co., Ltd. from Wanda Culture for 6.3 billion yuan, and the price will be paid in cash, issued shares or convertible bonds. Wanda Lv Wen is mainly engaged in the design, construction and operation management of theme parks.

At the same time, Wanda Hotel tentatively acquired the entire equity of Wanda Hotel Management (Hong Kong) Co., Ltd., a subsidiary of Dalian Wanda Commercial, for 750 million yuan. According to the data, Wanda Wine Pipe is mainly engaged in hotel design, construction and operation management.

In addition, Wanda Hotel Development intends to sell its interests in Wanda Real Estate Investment, Wanda International Real Estate and Wanda USA; Wanda Hotel Development also plans to sell all the rights and interests of Wanda Australia Real Estate to Wanda Commercial.

After the transaction is completed, Wanda Hotel Development will clarify its strategic position as the only listing platform for Wanda's cultural tourism industry.