What is the level of Jingzhou Chengfa Group?

A state-owned enterprise

Jingzhou Chengfa Group Co., Ltd. was established in June 2018. It is a wholly state-owned enterprise in Jingzhou City, and the Jingzhou State-owned Assets Supervision and Administration Commission performs the investor's duties. The group's registered capital is 5.8 billion yuan, and as of the end of June 2018, total assets are 51.7 billion yuan.

Jingzhou Urban Development Holding Group Co., Ltd. (formerly known as Jingzhou Urban Construction Investment and Development Co., Ltd., established in 1999) is the largest wholly state-owned enterprise under the supervision of Jingzhou City’s State-owned Assets Supervision and Administration Commission. It was the first national urban investment company in 2019 It is one of the top 100 enterprises in terms of assets and has a credit rating of AA.