On March 20 16, Sichuan province issued "policies and measures to promote stable economic growth, improve quality and efficiency, and promote supply-side structural reform", pointing out that qualified commercial land can be used for commercial residential land after approval. Subsequently, Mao Ye Commercial Co., Ltd. (hereinafter referred to as "Mao Ye Commercial") applied to change the land corresponding to the company's Jiuyanqiao project from a commercial nature to a second-class residential land compatible with retail business, namely the later Mao Ye Haoyuan project.
In April this year, Wuhan issued the "Notice on Allowing Commercial, Office and Other Stocked Houses to be Transformed into Leased Houses", which provided a policy basis for the transformation of local commercial houses into residential functions, but at the same time, it also made corresponding restrictions, such as only allowing stock houses to be transformed into leased houses, that is, only commercial houses in the hands of developers can be transformed, and second-hand commercial houses in the hands of individuals are not allowed to be transformed; Must be transformed as a whole, and split sales are not allowed; It can be "people's water and electricity" or even gas, but it does not involve settlement and school district housing.