In 2017, Wanda realized the transformation to light assets by selling Wanda Hotel and Wanda Cultural Travel Project. Sunac initially won 91% of the shares of 13 Wanda Cities under Wanda Wenlv for 43.8 billion yuan, and acquired the remaining 9% shares for 6.281 billion yuan in 2018. In the end, Sunac acquired 100% equity of Wanda Culture with a total price of nearly 50 billion yuan. At present, &”;Wanda Mao&”; in many cities has been renamed &”;Sunac Mao&”;.