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If Cosmos Group goes bankrupt, will Langham House Bay in Tongzhou, Beijing be unfinished?

Yes According to the inquiry of Beijing Housing and Urban-Rural Development Committee, in 2022, Cosmos Real Estate broke out in the dollar debt crisis, which may lead to its bankruptcy. As the first competition-limited housing project in Tongzhou, Langting Bay in Yuzhou is likely to fail because of the bankruptcy of their group and insufficient funds to support the subsequent development.