The name commemorates the founding of China Merchants Group.
In order to commemorate the founding of China Merchants Bureau, the park was named 1872, which cleverly combines the characteristics of the park with the year 1872.
China Merchants Group was founded by Li Hongzhang during the Westernization Movement in the late Qing Dynasty. It has carried many historical missions and responsibilities throughout the development of China. China Merchants Real Estate is one of the important pillar industries of China Merchants Group and one of the five major central enterprises supported by the central government. One of the central real estate enterprises.