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Is Chengdu Wanhua Investment Group a state-owned enterprise?
Chengdu Wanhua Investment Group is not a state-owned enterprise. According to relevant public information, Chengdu Wanhua Xincheng Group is not a state-owned enterprise, but a Sino-foreign joint venture. Chengdu Wanhua New Town Development Co., Ltd. is a first-class subsidiary of Wanhua Investment Co., Ltd., which was established in 1995. Chengdu Wanhua Investment Co., Ltd. focuses on the development and operation of high-end composite real estate, and owns real estate development companies, project management companies and first-class architectural design institutes.
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