Does Xinzhong Property belong to state-owned enterprises?

Xinzhong Property does not belong to state-owned enterprises. The full name of Xinzhong Property is Xinzhong Property Management (China) Co., Ltd., and Xinzhong Property Management (China) Co., Ltd. is a wholly-owned subsidiary of Bank of China Group Investment Co., Ltd., a Hong Kong-owned enterprise of China Bank. It is the first wholly foreign-owned property management company approved by the Ministry of Commerce, and has obtained the national first-class property management enterprise qualification issued by the Ministry of Construction. Since its establishment in 2000, it has developed rapidly. It has successively obtained ISO900 1 quality management system, ISO 1400 1 environmental management system and OHSAS 1800 1 occupational health and safety management system certification. It is the first wholly foreign-owned enterprise in China to obtain the international certification of "three systems". The company is the executive director of China Property Management Institute, and was rated as a social responsibility demonstration enterprise in China property management industry by China Property Management magazine. The company cooperates with Hong Kong, relying on Beijing and radiating the whole country. It has the flagship project of China Bank Headquarters Building and five-star garden hotel project in Beijing, as well as in Beijing, Shanghai, Qingdao, Shenzhen, Dalian, Hangzhou, Tianjin, Ningbo, Guangzhou, Harbin, Nanjing, Zhengzhou, Xi 'an, Nanchang, Suzhou, Urumqi, Guiyang, Changsha, Changchun, Hohhot, Shanxi and Changsha. The company's major projects have been extended to coastal and economically developed areas in China. Now, the company has achieved organic integration and complementarity with the businesses in Hong Kong and Macao, and has woven a strong property management service network in strategic key cities in Hong Kong, Macao and the Mainland.