Is Sunac a state-owned enterprise or a private enterprise?

Sunac China, whose full name is Sunac China Holdings Limited, is listed on the Hong Kong Stock Exchange, focusing on the comprehensive development of residential and commercial real estate. Sunac China was established in 2003, and its business scope includes high-end residences, villas, businesses and office buildings. Sunac is a private joint-stock enterprise. Mainly engaged in the development of residential and commercial comprehensive real estate, has its own real estate projects in many cities in China, and its products mainly cover villas, houses, office buildings, commercial squares and so on.