Yuyao Wanda Plaza postpones opening, donates 3m yuan to flooded areas
Oct 24,2013
Wanda Group canceled the opening ceremony for its Yuyao Wan🥃da Plaza in Zhejiang Province, instead choosing to donate the entire ceremony budget, a total of 3 million yuan ($493,240) to help reconstruct flooded areas in the city.
Triggered by the devastating effects of Typhoon Fitow, Yuyao suffered its worst flood disaster since 1949 in October. More th🌃an 70% of surrounding urban areas were inundated, causing traffic to become paralyzed. The disaster result🃏ed in total damages of 27.6 billion yuan.
Wanda Group reacted promptly to cancel the plaza's opening ceremony, which was scheduled for October 18, and donated 3 million yuan to support the post-flood reconstruction.