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

Fangte is operated by Huaqiang Fangte Culture and Technology Group Co., Ltd. and is a private enterprise. Although Huaqiang Fangte Company belongs to the state-owned shenzhen huaqiang Group, it does not mean that Fangte is a state-owned enterprise.

Fangte Tourist Resort is a comprehensive leisure tourist resort which is carefully built by Huaqiang Fangte Culture and Technology Group and integrates theme parks, hotels, restaurants and entertainment. Fangte has high flexibility and market adaptability in operation, and can timely adjust products and services according to market demand and consumer preferences, and constantly innovate and improve.

So Fontaine is a private enterprise, that is, a private enterprise.