Will Jinbi Real Estate become a state-owned enterprise?

Jinbi Real Estate Co., Ltd. was established in 1997. It is a foreign-funded enterprise and belongs to Evergrande Real Estate Group, a leading real estate enterprise with standardized operation in China. Jinbi property is a national first-class qualified property management enterprise. State-owned enterprises refer to enterprises owned or controlled by the state, also known as state-owned enterprises. State-owned enterprises are an important part of the national economy, and are usually controlled, managed and operated directly or indirectly by the government. State-owned enterprises play an important role in the economic system of many countries, covering various industries and fields, including energy, finance, manufacturing, telecommunications, transportation and so on.