Is Shanghai Shengyuan a state-owned enterprise?

No, Shengyuan Group was established in February 1993. In the past 20 years of operation, the Group has persisted in active exploration, steady development and investment management. At present, real estate, mining, commerce and medicine have become the core businesses of the Group, and they are also involved in the investment and operation of property management, tourism real estate, finance, new energy vehicles, education and other industries. Prosperity is in the sky, originated from the earth, and achieved by people. With its indomitable pioneering spirit and humanized enterprise management concept, Shengyuan Group has made remarkable achievements in the development process of nearly 20 years.