Shaoxing Keqiao wanda plaza Commercial Management Co., Ltd. or Shaoxing Ke Qiao Wanqian Department Store, which is the latter or the former? In short, I don't know either.

Wanda Commercial Management and Wanqian Department Store are both subsidiaries of Wanda Group, but they belong to two systems. Commercial management company belongs to Wanda Real Estate Co., Ltd., which is an important part of the core competitiveness of Wanda Commercial Real Estate. Like Wanda Cinema, Wanqian Department Store is directly managed by Wanda Group. In wanda plaza, commercial management companies manage the property and overall commercial management of the whole square, and Wanqian Department Store belongs to the main store in wanda plaza. On the scale and management scope, Wanda Commercial Management is of course bigger, but they are not subordinate to each other.