Is Zhejiang Hengtai Group a state-owned enterprise?

Zhejiang Hengtai Group is not a state-owned enterprise. According to official website information of Zhejiang Hengtai Group, Zhejiang Hengtai Group was established in 1992 and its headquarters is located in Hangzhou, Zhejiang Province. Is a large private enterprise group with real estate development as its main business. The company's business covers real estate development, property management, commercial operation, hotel management and other fields. With the vision of "building a smart city and creating a better life", Hengtai Group is committed to building a high-quality urban complex and providing people with a better living and working environment. At present, Hengtai Group has carried out business in many cities across the country and achieved good performance and reputation.