Job Recruitment Website - Recruitment portal - If Cosmos Group goes bankrupt, will Langham House Bay in Tongzhou, Beijing be unfinished?
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.
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