In July 2020, Wanda Real Estate Group Co., Ltd. transferred 49% equity of Tianjin Hongqiao Wanda Real Estate Development Co., Ltd. (referred to as "Tianjin Hongqiao Wanda") to Zhongrong International Trust Co., Ltd., and the actual controller of Tianjin Hongqiao Wanda was Dixun Investment Holdings Co., Ltd., according to public information, on June 19, the shantytown renovation project in Tianjin Hongqiao District was successfully sold in Tianjin Land Use Affairs Center. And the plot was acquired by Wanda Real Estate, with a transaction price of 720 million yuan, a land area of 292 15.2 square meters, and a planned total construction area of 34,498 square meters, equivalent to a floor price of 2165,438. Land use is for urban housing, public facilities and commercial services. There is 12 people's hospital subway station in the box planning of people's hospital subway station on line 6 of Wanda Water West City.