No. Hengmeifang Lobby Street in Nancun Village, Nancun Town, Panyu District is not to be demolished because the local government will not develop the area in recent years and developers will not see any profits. Panyu District, a district under the jurisdiction of Guangzhou City, Guangdong Province, is located in the south-central part of Guangzhou. It is located in the geographical center of the Guangdong-Hong Kong-Macao Greater Bay Area, facing the Lion Ocean to the east and Dongguan City.