Wang Shi Is Back Again: Returning to Real Estate at 75

75-year-old Wang Shi is diving back into real estate. According to Tianyancha, on September 28, Shenzhen Shenshi Urban Renewal Co., Ltd. was established with registered capital of 15 million yuan, with Wang Shi serving as chairman. Its business scope includes commercial complex management, tourism project planning, investment, and hotel management. From the company name and business scope, it is not hard to see that what Wang Shi is betting on this time is not traditional real estate development, but the existing real estate opportunities brought about by urban renewal.