Why was the fourth phase of Contemporary Wanguocheng seized?

Wandering on the brink of bankruptcy. The fourth phase of Contemporary Wanguocheng was on the verge of bankruptcy, so it was sealed up. Wanguocheng MOMA project was undertaken by Contemporary Real Estate Co., Ltd., a subsidiary of Contemporary Energy Saving Real Estate Co., Ltd. ... Contemporary Energy Saving Real Estate adheres to the combination of science and technology theme real estate and international cultural theme real estate.