Why did Evergrande Yufeng in Fangshan Liangxiang, Beijing change into a new Yufeng?

Evergrande Yufeng Community in Liangxiang, Fangshan District, Beijing is a luxury residential community developed by Evergrande Group in Beijing. In the process of construction, Evergrande Yufeng Community was once positioned as a "model of Beijing" and a "supporting property for double Olympics", which attracted much attention for its high-quality residential property, good ecological environment, perfect supporting facilities and transportation advantages.

However, due to the financing difficulties of the developer Evergrande Real Estate, the tight capital chain and the fluctuation of market conditions, in 20 19, Evergrande Yufeng launched a new product-Xinyufeng, and officially renamed the original Evergrande Yufeng Community as "Xinyufeng". The originally planned fifth and seventh phases of the project were changed to the second and third phases of Xinyufeng. Therefore, Xinyufeng remains under Evergrande Real Estate, becoming a high-quality real estate and park-style residential community in Fangshan District and even Beijing.