Wanda Film Renamed Ruyi, Completely Shedding Former China's Richest Man Wang Jianlin's Label
Wanda Film has changed its name to 'Ruyi Film Entertainment Co., Ltd.' after the Ruyi Group gained control following a two-year capital struggle. This move completely removes the 'Wanda' brand associated with former China's richest man Wang Jianlin.
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- 📰 Published: April 19, 2026 at 23:08
- 🔍 Collected: April 19, 2026 at 23:14 (6 min after Published)
- 🤖 AI Analyzed: April 20, 2026 at 00:02 (47 min after Collected)
According to a report by The Paper, Wanda Film announced today that the company has completed the industrial and commercial change registration procedures and obtained a new business license after the change. The company name has therefore been changed from 'Wanda Film Co., Ltd.' to 'Ruyi Film Entertainment Co., Ltd.'
As Wanda Film is also a listed company in China, the announcement stated that the company's stock abbreviation has also been changed from 'Wanda Film' to 'Ruyi Film', with the stock code remaining unchanged. The new abbreviation will be effective from the trading day of April 20.
The report pointed out that behind the renaming of 'Wanda Film' is a capital game that began in 2023 and spanned two years, ultimately won by the 'Ruyi Group' led by Chinese film producer Ke Liming, which officially and comprehensively took over 'Wanda Film', the leader in China's cinema chain. 2023 was also the time when Wanda Group faced a financial crisis and had to sell assets to save itself.
The report mentioned that between July and December 2023, the Ruyi Group used two equity purchase agreements to enable Ke Liming to indirectly control 20% of Wanda Film's equity, thereby gaining actual control of Wanda Film. By April 15, 2024, the Ruyi Group further acquired 100% of 'Wanda Investment', which is the controlling shareholder of Wanda Film. Thus, the control of Wanda Film changed from Wang Jianlin to Ke Liming.
Wanda Film stated in today's announcement that to better align with the company's strategic development direction, it has changed its name to 'Ruyi Film Entertainment Co., Ltd.'
China Business News reported that Wanda Film's renaming today symbolizes that the company has completely shed the 'Wanda' label, which left a deep impression from the Wang Jianlin era, in its name. (Edited by Qiu Guoqiang/Chen Chenggong) 1150419
As Wanda Film is also a listed company in China, the announcement stated that the company's stock abbreviation has also been changed from 'Wanda Film' to 'Ruyi Film', with the stock code remaining unchanged. The new abbreviation will be effective from the trading day of April 20.
The report pointed out that behind the renaming of 'Wanda Film' is a capital game that began in 2023 and spanned two years, ultimately won by the 'Ruyi Group' led by Chinese film producer Ke Liming, which officially and comprehensively took over 'Wanda Film', the leader in China's cinema chain. 2023 was also the time when Wanda Group faced a financial crisis and had to sell assets to save itself.
The report mentioned that between July and December 2023, the Ruyi Group used two equity purchase agreements to enable Ke Liming to indirectly control 20% of Wanda Film's equity, thereby gaining actual control of Wanda Film. By April 15, 2024, the Ruyi Group further acquired 100% of 'Wanda Investment', which is the controlling shareholder of Wanda Film. Thus, the control of Wanda Film changed from Wang Jianlin to Ke Liming.
Wanda Film stated in today's announcement that to better align with the company's strategic development direction, it has changed its name to 'Ruyi Film Entertainment Co., Ltd.'
China Business News reported that Wanda Film's renaming today symbolizes that the company has completely shed the 'Wanda' label, which left a deep impression from the Wang Jianlin era, in its name. (Edited by Qiu Guoqiang/Chen Chenggong) 1150419