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Is Wanda Film Holding (SZSE:002739) Using Too Much Debt?
Hong Kong stock movement | CHINA RUYI (00136) rose over 5% in the afternoon as the company recently received a stake increase from Sunshine Insurance. Wanda Film Holding announced an increase in the screenings of Ne Zha 2 in Australia.
CHINA RUYI (00136) rose over 5% in the afternoon, as of the time of writing, up 4.82%, priced at 2.39 Hong Kong dollars, with a trading volume of 50.4936 million Hong Kong dollars.
Wanda Film Holding (002739.SZ): 45.0843 million restricted shares will be unlocked on March 5.
Gelonghui, February 28丨Wanda Film Holding (002739.SZ) announced a notice regarding the listing and circulation of shares released from restrictions in the transaction for the purchase of Assets and related party transactions, with a total of 45.084337 million restricted shares being released, accounting for 2.13% of the company's total share capital. The date for the restricted shares to be listed and circulated is March 5, 2025 (Wednesday).
Wanda Film Holding (002739.SZ): Among the top 100 theaters by box office, Wanda Cinema occupies 68 seats.
According to Gelonghui on February 26, Wanda Film Holding (002739.SZ) stated on the investor interaction platform that the 2025 Spring Festival film market had a strong start, with Wanda Cinemas achieving a box office of 1.24 billion yuan within seven days, a year-on-year increase of 22%, setting a historical record. Among the top 100 cinemas in terms of box office, Wanda Cinemas occupies 68 seats and has swept 21 provincial box office championships and 166 municipal box office championships. Notably, IMAX theater box office accounts for 55% of the national total. At the same time, a total of 30 'Time Art Stores' have officially opened in Wanda Cinemas, collaborating with its 706 directly-operated cinemas during the Spring Festival.
Wanda Film Holding (002739.SZ): is the main producer of the animated film "Journey to the West: The True and False Monkey King."
On February 25, Gelonghui reported that Wanda Film Holding (002739.SZ) stated on the investor interaction platform that it is the main producer of the animated film "The Journey to the West: The True and False Monkey King." Please refer to the content published by the film side for related progress.
Wanda Film Holding (002739.SZ): As of January 31, the company has 711 opened directly-operated cinemas in the domestic market, with 6,179 screens.
On February 25, Gelonghui reported that Wanda Film Holding (002739.SZ) stated on the investor interaction platform that as of January 31, 2025, the company has 711 directly operated cinemas in the domestic market, with 6,179 screens, primarily located in high-end commercial areas of first-tier cities. In the future, the company will focus on expanding into high box office areas in over 70 second-tier cities that have not yet been developed, deeply exploring blue ocean markets. At the same time, the company will also rectify or close cinemas with poor operational performance to further enhance the overall quality of its directly operated cinemas.