The venue lease contract expires. Deshibao Health Sports Center, a famous high-end club in Shenzhen, is located in Xiangmihu area. Due to the expiration of the venue lease contract, it officially closed down. Shenzhen, referred to as Pengcheng for short, is a sub-provincial city, a city under separate state planning, a megacity in Guangdong Province, a China Special Economic Zone approved by the State Council, a national economic center city and an international city.