Insufficient funds.

Due to the epidemic during the construction of Planting Phase II, epidemic prevention and control policies were strictly followed, resulting in large-scale holiday quarantine for workers. Banks also did not issue loans due to the epidemic, causing Planting's capital chain to be broken and construction to be suspended.

The Planting project is developed by Baoding Hongchang Real Estate Development Co., Ltd., which is affiliated to Hebei Hongchang Group. The projects that have been implemented include Mancheng Xianghe Community, Hongchangyuan Area A, Hongchangyuan Area B, Manshen Railway Relocation and other projects, which have a high reputation in the market. And the first phase of Baoding Planting has been moved in. The project is located opposite Green Creek Valley on Sunshine Street (north side of Magnolia Bay). The project covers an area of ??64 acres and has a construction area of ??190,000 square meters.