Why is China Resources Property not a state-owned enterprise?

China Resources is a central enterprise. The predecessor of China Resources was 1938, the "United Bank" established in Hong Kong. 1948 United Import and Export Corporation was reorganized and renamed China Resources Corporation. China Resources Land Limited is the flagship of China Resources Group's real estate business. China Resources (Group) Co., Ltd. (hereinafter referred to as China Resources or China Resources Group) was separated from the Ministry of Foreign Trade and Economic Cooperation in19965438+February and listed as central management.