Is Guotai Group a state-owned enterprise?

Guotai Group is not a state-owned enterprise, but a private enterprise.

Cathay Pacific Group is one of the large-scale comprehensive enterprise groups in China, established in 1992 and headquartered in Shanghai, China. The Group's business covers finance, real estate, energy, infrastructure and other fields, and it is a leader among private enterprises in China.

Guotai Group's financial services include Guotai Junan Securities, Guotai Junan Fund, Guotai Junan Futures and Guotai Junan Insurance, and it is one of the leading financial service providers in China. Guotai Junan Securities is one of the leading enterprises in China securities market, with perfect asset management business and international investment banking business. Guotai Junan Fund is one of the largest Public Offering of Fund management companies in China, managing a large number of assets.

Guotai Group's real estate business involves real estate development, property management, commercial real estate and other fields. Among them, Guotai Junan Real Estate is a real estate development company under Guotai Group, which has rich development experience and strong market resources and is committed to building high-quality residential and commercial real estate.

Guotai Group's energy business mainly involves coal, electricity, oil and other fields. Among them, Cathay Pacific Energy is an energy company under Cathay Pacific Group, which is rich in coal resources and advanced coal mining technology, and is one of the leading coal enterprises in China.

Guotai Group's infrastructure business mainly involves railways, ports, highways, water affairs and other fields. Among them, Guotai Junan Port is a port company under Guotai Group, which has advanced port facilities and perfect service system and is one of the leading port enterprises in China.

In a word, Cathay Pacific Group is a comprehensive enterprise group with diversified business, rich industry experience and strong market resources, and it is a leader among private enterprises in China.