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Wanda Commercial Properties (Group) Co., Limited, formerly Hengli Commercial Properties (Group) Limited, is an investment holding company. Its subsidiaries are engaged in commercial property letting, sales of developed properties and investment holdings in the People's Republic of China (PRC). The Company manages its businesses by projects in different region within the PRC. It has two segments: projects in Fujian province, which is engaged in the development of residential and commercial properties and leasing of properties in Fujian province, as well as projects in Zhejiang province, which is engaged in the development of residential and commercial properties and leasing of properties in Zhejiang province. On May 24, 2011, the Company completed its disposal of the entire equity interest in Right Strong Holdings Limited, the Company's wholly owned subsidiary.