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Is Hengtai a state-owned enterprise or a central enterprise?

The enterprise is a private group.

According to Tianyan, Hengtai Securities Co., Ltd. is a comprehensive fully licensed securities company approved by China Securities Regulatory Commission. Hengtai is a large-scale private enterprise group, with four major industries: housing, cloud business, health care and finance, and more than 30 subordinate member companies.

Headquartered in Shanghai, the Group was established in 1992, with the first-class qualification of real estate development, and the enterprise rating has been AAA.