Group 1 - The core point of the article is that Wangfujing (600859.SH) announced the opening of its WellTown on December 26, 2025, which is part of a comprehensive cultural tourism and commercial integration development project [1] - The development and construction of the WellTown is managed by Beijing Huanhui Real Estate Co., Ltd., a company in which Wangfujing holds a stake [1]