Why didn't Wanda Group go public?

Maintain control, stable operation and long-term development.

1. Maintenance of control rights: listed companies need to face pressure from shareholders and the market, while Wanda Group can maintain higher control rights and make strategic decisions more independently without listing.

2. Steady operation: The operation of listed companies is often affected by market fluctuations. Without listing, Wanda Group can operate its business more stably without being disturbed by short-term market fluctuations.

3. Long-term development: Wanda Group pays more attention to long-term development rather than pursuing short-term market value. Not listing can make it more focused on business development and strategic layout, and lay a more solid foundation for the company's long-term development.