Is Sunac Real Estate a state-owned enterprise?

Sunac Property is not a state-owned enterprise. According to relevant data, Sunac is not a central enterprise or a state-owned enterprise, but a private enterprise. Sunac Group, called Sunac China Holdings Co., Ltd., is a private enterprise, not a state-owned enterprise. Sunac Group was established in 2003 and has been listed on the Hong Kong Stock Exchange, mainly engaged in residential and commercial comprehensive real estate development. At present, Sunac Group has its own real estate projects in many cities in China, and its products mainly cover villas, houses, office buildings and commercial squares.