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Is Tongling Wanda Baby King a state-owned enterprise?

Yes Tongling Wanda Baby King is a subsidiary of Wanda Group and a state-owned enterprise. Wanda Group was founded in 1988. After 30 years of development, it has become a large multinational enterprise group with modern service industry as the mainstay. Wanda is the world's leading real estate enterprise, the world's leading film and television enterprise, the world's leading sports enterprise and the world's leading children's industry enterprise. Wanda plaza, Wanda Studios, Wanda Hotel, Wanda Cultural Tourism City and Wanda Baby King have become well-known brands in China.