China Real Estate's Yanqu Network Technology Company acquired Quanzhou R&F Properties Wanda Hotel for 331 million yuan
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Quanzhou Yanqu Network Technology Co., Ltd. won the Quanzhou R&F Wanda Wenhua Hotel with a bid of 331 million yuan. The hotel has a construction area of 47,767 square meters and is planned for hotel use. R&F Properties sold the hotel due to debt pressure; it was once a benchmark for high-end hotels in Quanzhou. Yanqu Network Technology mainly engages in software and information technology services, and its subsidiary, Yanqu Games, focuses on the development of ancient costume management and nurturing products
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