Is Shanghai Ledao Property State-owned?

No, state-owned enterprises hold more than 50% absolute control rights, which can also be called state-owned enterprises. Shanghai Ledao Property Management Co., Ltd. was established on October 9, 2002/KLOC-0, and its registered address is Block A, Room 202, No.256 Baidu Road, Huangpu District, Shanghai. The registration authority is Huangpu District Market Supervision Administration. The largest shareholder of the company is Xu Jun, with a shareholding ratio of 60%, and the state has merged with it.