Is Xincheng Yue Property a state-owned enterprise?

By the end of 2023,165438+1October 30th, the enterprise was not a state-owned enterprise.

Xincheng Yue Property is a comprehensive property management service group under Xincheng Holding Group. Xincheng Holding Group is a private enterprise whose main business is real estate development and sales. Therefore, Xincheng Yue Property is not a state-owned enterprise.

State-owned enterprises are usually enterprises controlled or owned by the state, while private enterprises are enterprises controlled or owned by private or non-state institutions.