Sunac China Holdings Limited (SEHK:1918) and Suning Holdings Group Co., Ltd. entered into a Strategic Cooperation Agreement to acquire an unknown minority stake in Dalian Wanda Commercial Properties Co., Ltd. from Delisting Investors on January 29, 2018. As per the terms Sunac China Holdings Limited will acquire 3.91% interest in Dalian Wanda Commercial Properties Co., Ltd. Sunac China Holdings Limited plans to utilize CNY 9.5 billion to purchase shares in Dalian Wanda Commercial Properties Co., Ltd. As of May 28, 2018, Sunac China Holdings Limited shareholders approved the transaction. Sunac China Holdings Limited (SEHK:1918) and Suning Holdings Group Co., Ltd. cancelled the acquisition of an unknown minority stake in Dalian Wanda Commercial Properties Co., Ltd. from Delisting Investors on January 29, 2019.