Is China Merchants Property Company a state-owned enterprise?

China Merchants Property Company is not a state-owned enterprise. China Merchants Property belongs to China Merchants Property under the Hong Kong China Merchants Group. China Merchants Group belongs to central enterprises, but China Merchants Property does not count. China Merchants Property is a foreign joint-stock company, so China Merchants Property Company is not a state-owned enterprise. China Merchants Property Management Co., Ltd. is a member of China Merchants Group, a national professional company specializing in property management under China Merchants Property Holdings Co., Ltd., a listed company of China Merchants Group, a national first-class qualified property management enterprise, and the executive director of China Property Management Institute. It is the earliest group property management enterprise with property rights as the link and asset management as the core in China, and has 25 years of property management experience so far.