Is the Asian Games City Property Management Company a state-owned enterprise?

Asian Games City Property Management Company is not a state-owned enterprise. Most property companies are determined by the industry Committee through bidding. Property companies operate independently and are responsible for their own profits and losses, mainly private enterprises. If a state-owned unit manages the property, the property fee will not be collected in full, and most of them will not be profitable, so it will naturally give up the industry.

There are many private enterprises in the property management company. Some developers are state-owned enterprises, and their own properties are state-owned. Some developers are private enterprises, as well as private enterprises and joint-stock enterprises.