influenced by the economic situation and the rise of e-commerce.

1. Affected by the economic situation: the global economic growth is slowing down, and the domestic economy is also facing certain pressure, which leads to a decline in the demand of some enterprises and consumers, and the business environment becomes more competitive. This economic situation has had a certain impact on the operation of Dinghao Plaza.

2. The rise of e-commerce: With the rise of e-commerce, more and more consumers choose to shop online, which leads to the decline of sales in traditional retail industry. As a comprehensive commercial center, Dinghao Plaza has also been affected by this trend.