Why did Wanda withdraw from Neijiang Lv Wencheng Project?

Business strategy adjustment, cooperation agreement expires.

1. Adjustment of business strategy: Wanda Group adjusted or withdrew from Neijiang Lvwencheng project for the needs of overall business strategy and business development.

2. Expiration of cooperation agreement: The cooperation agreement between Wanda Group and Neijiang City expired, and the two parties failed to reach a renewal agreement, which led to Wanda's withdrawal from the project.