Wanda transfers the ownership of Wanda Plaza Real Estate Company in Ji'nan High-tech Zone to Licheng City Development Group.

Tianyancha business information shows that recently, Jinan High-tech Wanda Plaza Property Co., Ltd. has undergone a business change, with Dalian Wanda Commercial Management Group Co., Ltd. withdrawing from the shareholder list and Shandong Licheng Urban Development Group Co., Ltd. being added as a full shareholder. At the same time, the legal representative and senior management of the company have also changed. Jinan High-tech Wanda Plaza Property Co., Ltd. was established in March 2014 with a registered capital of 62.5 million RMB. Its business scope includes real estate development, operation, sale of self-owned properties, and investment with self-owned funds, etc.