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Is it true that Xinli Longwan withdrew from Yantai?

No. Xinli Longwan is a real estate project built by Wangyou Industrial Co., Ltd., located at the intersection of Mingyueshan Avenue and Longxing Avenue in Zhifu District, Yantai. As of June 17, 2022, the government has not announced its withdrawal from Yantai. The news circulating on the Internet is false, not true, because there is another real estate project with the same name in Anhui.