Xiao Guangrui stepped down as the Executive Director of Wanda Commercial Management Group. Wanda Commercial Management Group increased its capital to 51 million.

Tianyancha's business information shows that recently, Wanda Commercial Management Group Co., Ltd. has undergone a commercial change. Wang Zhibin has resigned as legal representative and manager, and Xiao Guangrui has resigned as executive director. Chen Qi has taken over as legal representative, manager, and director, and at the same time, the registered capital has been increased from 50 million RMB to 51 million RMB. The company was established in February 2007 and its business scope includes commercial and hotel management, corporate management, economic and trade consulting, basic software services, data processing, sales of computer software and auxiliary equipment, organization of cultural and artistic exchange activities, etc. Shareholder information shows that the company is wholly owned by Zhuhai Wanda Commercial Management Group Co., Ltd.