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 Source: Commercial Real Estate Observations (ID): sydcgc) Since its opening in 2008, SOLANA Blue Harbor has become a distinctive landmark shopping center in the Beijing market and across the country. Thanks to its unique natural scenery, artistically designed European-style town architecture, international brand lineup, cultural initiatives such as its light festivals, and consistently high-quality services, it has earned the recognition of millions of consumers as an ideal destination for family leisure and urban retreats.  SOLANA: A micro-resort destination in the blue harbor city In recent years, with the assistance and support of governments at all levels as well as partners, SOLANA Blue Bay has continuously undergone improvements in terms of its facilities, brand image, intellectual property, and services. By striving to overcome the impacts of the pandemic, the company has achieved sustained improvement in its operational performance.  Renovation and Upgrade of SOLANA Blue Harbor Children's City In terms of renovation and upgrading, SOLANA Blue Harbor has completed nearly 20 improvement projects, including the upgrading of the landscape area along the Liangma River, the decorative renovation of Tongqiu Square, the renovation of the G-floor in the Children’s City, the comprehensive improvement of parking lot surfaces, the complete renewal of restrooms and mother-and-baby facilities, as well as the upgrade of outdoor seating areas. As a result, the appearance of the commercial district has been completely transformed.   Upgrading and Renovation of SOLANA Blue Harbor Commercial District In terms of brand upgrading, SOLANA Blue Bay successfully introduced high-quality retail flagship stores, such as Lululemon’s largest single-store location in Asia. It also brought in nearly 20 international children’s retail brands and several Michelin-starred and Black Pearl-rated dining establishments, elevating the overall brand quality of the shopping district to a new level.  SOLANA Blue Harbor Brand Upgrade In terms of IP upgrades, SOLANA Blue Harbor has combined art and commerce to enhance its light festivals, creating themed events such as “Light Arrival,” “Winter Tropical Rainforest,” “Monster Family,” and “Ice and Snow Wonderland.” These efforts have consistently led to outstanding sales results during the store’s anniversary celebrations.   SOLANA Blue Bay Light Festival In terms of service upgrades, SOLANA Blue Harbor has established a comprehensive membership service system across all platforms, providing merchants with an online service platform that significantly enhances both the quality and efficiency of their services.  SOLANA Blue Bay Light Festival After 14 years of continuous effort, SOLANA Blue Harbor is now about to enter a new phase of development. For the long-term sustainable development of the project and to leverage the synergies of business management, Blue Harbour Co., Ltd. will entrust Wanda Commercial Management with the operation and management of the SOLANA Blue Harbour project on a light-asset basis. Blue Harbour Limited remains the owner of the SOLANA Blue Harbour project and will continue to make every effort to ensure the long-term and sustainable development of SOLANA Blue Harbour. Wanda Commercial Management is the light-asset operation team behind SOLANA Blue Harbor. It will leverage its expertise to introduce high-quality resources and enhance the operational efficiency and profitability of SOLANA Blue Harbor. Under the new collaboration model, “SOLANA Blue Harbor” will remain a high-quality commercial brand widely recognized by the market； The services provided to consumers and merchants will remain unchanged ； The business philosophy of continuous investment and improvement in the project will also remain unchanged. We believe that Blue Harbour and Wanda Commercial Management will work together to achieve the long-term sustainable development of SOLANA Blue Harbour, in order to live up to the expectations of consumers and merchants involved in this project! SOLANA Blue Harbor has entered a new phase of development!  SOLANA: A micro-resort destination in the blue harbor city Additionally, the former Zhuozhan Department Store site located in Wukesong, Beijing, will be renamed Beijing Wukesong Wanda Plaza. It will also adopt the same cooperation model, with the Wanda team being entrusted to carry out the renovation and manage the property on a light-asset basis. In the future, both parties will implement the fourth-generation Wanda Plaza as the national flagship product for the Zhuozhan Department Store project, providing high-quality services to consumers and merchants alike. 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