Why did Tangshan Nanhu Central Plaza stop working?

The reason for the shutdown of Nanhu Central Plaza in Tangshan is that the capital chain has encountered problems. After inquiring about the information of Tangshan Nanhu Central Plaza disclosed by China Real Estate Network, the person in charge of the construction party also confirmed that the reason for the project shutdown and withdrawal was that the developer defaulted on the project payment. Tangshan Furun Real Estate Development Co., Ltd., the developer of Tangshan Nanhu Central Plaza, encountered financial problems, which led to the suspension of the property.