No. The developer of Leizhou Zhang Shuwan Phase III has sufficient funds and management capabilities, and has completed the follow-up development work in a planned and step-by-step manner. Under normal circumstances, it will not be rotten, but it does not rule out accidents. Leizhou City is a county-level city under the jurisdiction of Guangdong Province, which is managed by Zhanjiang City. Before the city was built, it was called Haikang County. It is located in the middle of Leizhou Peninsula at the southernmost tip of Chinese mainland, with a total area of 3,709.33 square kilometers (including Zhanjiang Fenyong High-tech Zone, Suixi Forest Farm and Beipo Forest Farm).