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Is Rongxin Group a state-owned enterprise or a private enterprise?

This company is privately held.

Rongxin Group ("Rongxin" for short), founded in 2003 and headquartered in Shanghai, is a nationally developed real estate company. Business covers: real estate development, property services, landscape engineering and asset management operations.

In 2020, Ronshine won the "Top 21 Comprehensive Strength of China's Real Estate Enterprises", "The Fifth Place in the Top 10 Comprehensive Development of China's Top 100 Real Estate Enterprises in 2020", "The Outstanding Influential Real Estate Enterprise in 2020" and "The 2020 China's Top 100 Real Estate Enterprises". Socially Responsible Real Estate Enterprise of the Year" and many other honors.