Zhihui learned from Wanda’s official website，October 24，2017 International Cycling Union Global Awards Ceremony and Gree-Tour of Guangxi Road Cycling World Tour Closing Ceremony was held in Guilin，Wanda Group Chairman Wang Jianlin attended the awards ceremony。Wang Jianlin said，Hopefully with the support of the International Cycling Union，With the efforts of Wanda and Guangxi Zhuang Autonomous Region188bet sports betting app download Promote China’s sports industry to new heights.

Zhihui learned，The Guangxi Road Cycling World Tour is organized by the People’s Government of Guangxi Zhuang Autonomous Region、Sponsored by Wanda Group，Gree Electric Appliances Title Sponsor。December 1, 2016，International Cycling Federation、The People’s Government of Guangxi Zhuang Autonomous Region and Wanda Group signed an agreement in Beijing。From October 2017，Authorized by ICFTU，Wanda Sports will host the Tour of Guangxi Road World Tour in Guangxi within the next five years。Signing day，Wang Jianlin also said，To build the "Tour of Guangxi" into a top event as famous as the "Tour de France"。

The powerful alliance between Wang Jianlin and Dong Mingzhu

“Hosted by Wanda，Gree title”，This combination is easily reminiscent of Wang Jianlin and his old friend Dong Mingzhu, chairman of Gree Electric Appliances。Such a heavyweight event，Gather your best friend，This shows the "iron" relationship between the two。

Zhihui learned，Back in 2014，Wang Jianlin and Dong Mingzhu had a "warm ambiguity"。

March 2014，Dong Mingzhu replaced Jackie Chan and went into battle in person，And co-starred with Wang Jianlin, who had the aura of "the richest man" at that time，Endorsing Gree’s new central air-conditioning photovoltaic direct-drive frequency conversion centrifuge。This Gree Electric appliances advertisement sparked widespread discussion in the media as soon as it appeared。Allegedly，Wang Jianlin did not charge any fees for this appearance。At that time, there were constant rumors in the market that the two were about to join forces。

December of the same year，Wanda Commercial Real Estate, which has been planning to go public for a long time, held a listing ceremony on the Hong Kong Stock Exchange，Dong Mingzhu appeared on the platform。According to the prospectus published by Wanda Commercial Real Estate，Hong Kong Gree Electric Sales Company, a wholly-owned subsidiary of Gree Electric in Hong Kong, subscribed for US$200 million and became one of the cornerstone investors。

December 2016，Wanda、CIMC、Dong Mingzhu and others signed a capital increase agreement with Zhuhai Yinlong New Energy Co., Ltd.，Announced a joint capital increase of 3 billion，Obtained Zhuhai Yinlong 22.388% equity。Wang Jianlin generously gave 500 million at that time，And said: "Not too much, not too much，Only 500 million”。When talking 188bet online sports betting about the reasons for investment，Wang Jianlin said，“Wanda and Gree have always been strategic partners，Dong Mingzhu and I are good friends，Of course I must support my good friend’s new project......”

Wanda accelerates its layout in the sports industry

Wanda Group has accelerated its layout in the sports industry this year，Frequent big moves。 

April this year，Wanda Group and Abbott World Marathon Majors (WMM) signed a strategic cooperation agreement in Beijing，Next 10 years，Wanda will host 3 World Marathon Grand Slam events in the Asia-Pacific region，Among them，A tournament in China will become the first Grand Slam tournament held outside a developed country，Filling the gap of lack of world-class marathon events in China。

June this year，IRONMAN, a subsidiary of Wanda Sports, announced on its official website，Acquisition of Competitor Group Holdings Limited (CGI) ，The most famous IP of CGI is the "Rock and Roll Marathon" series，Over 600,000 athletes participate every year。IRONMAN owns or operates over 20 running events worldwide，Including Singapore Marathon、Auckland Marathon、Bordeaux Marathon and 10km Round the Bay Race and other events。After the acquisition is completed，Wanda Sports’ endurance sports territory will add a heavyweight IP，Further solidify Wanda Sports’ position as the world leader in endurance sports。

Wang Jianlin previously stated in an interview，Entertainment and sports are the company’s future acquisition targets，If the target is suitable, Wanda has no budget limit for the acquisition.Wanda Sports’ China development strategy is to continue to create and own world-class IP、Unique international event。

Currently，Wanda 188bet sports betting app download Sports’ events in China include triathlons、"China Cup" International Football Championship and Tour of Guangxi Road Cycling World Tour, etc.。

Sports landscape under light assets

Early this year，Wang Jianlin announced at Wanda Group’s 2016 annual meeting，Wanda has successfully transformed into a light asset，No longer a real estate company。Wanda report shows，Wanda’s service industry revenue accounts for 55%，For the first time in history, it exceeded real estate，Unaudited net profit is also greater than real estate，Wanda achieved its transformation phase goal one year ahead of schedule；Especially Wanda Commercial as the core enterprise of transformation，Although real estate income is still greater than other businesses such as rent，But it is expected that the net profit proportion of leasing business has exceeded 50%。

Also，Wanda’s movie、Travel、Sports、Children’s Entertainment、Network technology and other emerging industries experienced huge growth in 2016，Movie、Travel、The revenue of the three major sports industries exceeded 60 billion yuan。Wanda Sports Industry’s revenue in 2016 was 6.4 billion yuan，9% year-on-year growth。

Wang Jianlin believes that the sports industry will be the focus of the next decade.He once described Wanda Sports’ business path like this: First，Expand cooperation with international sports organizations，Including with FIFA、Cooperation with FIBA ​​and others；Second，Carry out international industrial mergers and acquisitions，Including acquisition of Infront、World Ironman Company, etc.；Third，Introducing major international events；Fourth，Sports companies continue to make profits，Invite investment and sell broadcast rights by hosting events，Ensure Wanda Sports’ net profit reaches 10 digits in 2020。

With the successive overseas mergers and acquisitions of Wanda Sports，Domestic competitions have been launched and held one after another，Wang Jianlin’s sports map is emerging step by step。Present，Wanda operates football in more than 20 countries around the world、ice and snow、Bicycle、Basketball、More than 20 sports including triathlon，Become FIFA、FIBA、International Badminton Federation、International Badminton Federation、Global or Chinese exclusive business partners of more than ten world sports organizations including the International Self-Confederation of International Federations。

It has only been two years since its establishment，Wanda Sports enters the sports field with the attitude of "raise high and fight high"，Frequent moves，It has set off huge waves in the sports world in China and even the world。