Wanda Group was established in 1988 and has developed into a conglomerate of commercial management, culture, real estate and finance. It ranked 380th on the Fortune Global 500 List in 2016. In 2017, its assets amounted to 700 billion yuan with revenue of 227. 3 billion yuan. Wanda Commercial holds a combined 31. 51 million square meters of property spaces. It has opened 239 Wanda Plaza projects in such Chinese cities as Beijing, Shanghai, Chengdu, and Kunming. Wanda Cultural Industry Group is China’s largest cultural enterprise, with a revenue of 63. 78 billion yuan in 2017. Wanda Internet Technology Group, as China’s only Industry + Internet large open platform, has Ffan Technology, 99Bill, Credit Rating Company, Online Credit Company, Big Data and other companies. It uses big data, cloud computing, artificial intelligence, scene application and other technologies to realize digital upgrades of industrial entities and provide new consumer services for consumers. Wanda Financial Group has investment, asset management, insurance and other companies, and aims to achieve a full-licensed financial operation in the future.