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Is Fahua a central enterprise or a state-owned enterprise?
Fahua is a state-owned enterprise. Fahua Group was established in 1980, the same age as Zhuhai Special Economic Zone. It is the largest comprehensive state-owned enterprise group in Zhuhai and a well-known leading enterprise in China. At present, it holds 8 listed companies and 2 companies listed on the New Third Board, and has established 5 "AAA" credit entities. In 2023, it was ranked as "Top 500 Chinese Enterprises"169,2021. Since 20 12, Fahua Group has vigorously implemented the strategy of "transformation, upgrading and leapfrog development", and developed from a single regional real estate enterprise into a comprehensive enterprise group with three clusters of science and technology, city and finance. At present, there are 42,000 employees, and the main business indicators have increased by more than 12 times compared with 2000. Its business has expanded from Zhuhai to more than 70 major cities in the mainland, such as Beijing, Guangzhou and Shenzhen.
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