In the early years of the Republic of China, this palace was sold to the church by Prince Gong's grandson Pu Wei for 400,000 yuan, and was redeemed by Fu Jen Catholic University for 108 gold bars, which was used as a girls' school. After the founding of New China, Wang Fu was used by dormitories, fan factories and conservatories of the Ministry of Public Security.
"The houses around the Crescent River look like dragons, while the western hills look like tigers", which is the description of the palace in the history books. It is said that there are two Long Mai in Beijing, one is Longtu, the Long Mai of the Forbidden City; The second one is a waterspout, which refers to the connection between Houhai and Beihai. Gongwangfu is just on the connection between Houhai and Beihai, which is Long Mai, so Feng Shui is very good. The ancients took water as their wealth and "saw water everywhere" in Gongwangfu. The water in the largest pavilion in the middle of the lake is imported from Yuquan Lake, but it can't get in, which is more in line with the saying that Feng Shui collects money. China's top ten marshals, Guo Moruo and others all lived near Gongwangfu and lived for a long time. It is said that the place with the largest longevity in Beijing is near Gongwangfu, which is a treasure trove of geomantic omen.