The only main body for commercial property operation and management under Wanda Group, owns the globally leading offline commercial operation platform.

Building on the extensive operation layout, huge business scale, diversified property management portfolios, advanced technological applications and the diversified retail, cultural and consumption services provided by numerous commercial tenants with Wanda Plaza as the medium, the Company has become a globally leading digitalized commercial management service provider.

As of December 31,2024, we managed 513malls with GFA under management of 70.90 million sq.m., covering all provinces, autonomous regions and municipalities; and 228prefecture-level and above cities in China.

Going ahead, the Company will continue to expand the existing business, keep enhancing the capacity for technology and data and further broaden the core competitive edge, while strengthening monetization of the diversified traffic flow in Wanda Plazas and actively cultivate a profit acceleration engine.