Why is Luoyang Shenglong Square not developed?

One problem is that you can't get a real estate license. Shenglong City has basically disappeared in Luoyang. The residential areas such as Shenglong Square, Shenglong City and Shenglongjie Pedestrian Street (now renamed) developed by it all have the problem of being unable to apply for real estate licenses, so they are no longer developed. Shenglong Square, built by Shanghai Shenglong Group, is the opening work of the Great Luoyang area in Shenglong's national strategic map. In the name of rebuilding the city, we will revive the city on the land of Wangxing, a thousand-year-old imperial capital, and strive to create an unprecedented landmark building.