Wanda Information has no direct relationship with Wanda Group. There is no direct equity relationship between Wanda Information and Wanda Group. Wanda Information is a comprehensive smart city software and service provider focusing on the field of urban informatization. It was founded in 1995 and is headquartered in Shanghai. Wanda Information owns software products and software copyrights with independent intellectual property rights, as well as domestic and foreign patented technologies, and mainly provides overall solutions for smart cities. Wanda Group is a large-scale enterprise group focusing on the modern service industry. It was founded in 1988 and its business covers business, culture, network and finance. The chairman of Wanda Group is Wang Jianlin, while the chairman of Wanda Information is Shi Yibing. Therefore, Wanda Information has no direct relationship with Wanda Group.