November 29, 2011, Dalian Wanda Group Co., Ltd. and renowned Belgium theater arts production company Franco Dragone Entertainment Group (Franco Dragone Group) entered into a cooperation framework agreement  and a joint venture agreement.

Franco Dragone Group has produced many large stage shows of international repute in Las Vegas and Macau.  The two parties will invest CNY 10 billion to create five large world-class stage shows in Wuhan, Dalian, Xishuangbanna and Hainan.  Wanda Group will be the unique cooperative partner of Franco Dragone Group in mainland China over the next decade.  In addition, the invested project is the largest project the Chinese culture industry has seen so far.

Jingtian & Gongcheng acted for Wanda Group on the PRC law.