China Resources Land and others have established a cultural and sports development company.

According to the Qi Cha Cha APP, recently, Shenzhen Runhe Cultural Sports Development Co., Ltd. was established, with Lan Xiaojun as the legal representative and a registered capital of 15 million yuan. Its business scope includes commercial complex management services; cultural and entertainment agent services; organizing sports performances and events; entrepreneurship space services; and sports security organizations, etc. According to the equity penetration displayed by Qi Cha Cha, the company is jointly held by Huar