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Is Nanchang Xihu District Chengtou Group a state-owned enterprise?

Yes Nanchang Xihu Urban Construction Investment Development Co., Ltd. is a wholly state-owned company directly under the Xihu District People's Government, which was established with the approval of Jiangxi Provincial People's Government. The company was established in July 2003 with a registered capital of 654.38 billion yuan. Nanchang Xihu District Chengtou Group is a state-owned enterprise, and its business scope includes the construction and operation of urban infrastructure projects, comprehensive urban development (including real estate development) and indoor and outdoor decoration of houses.