Why did Vanke become a state-owned enterprise?

Vanke was acquired by Shenzhen Metro Group. At present, the largest shareholder of Vanke is Shenzhen Metro, with a shareholding ratio of 29.38%, and said that it does not rule out the possibility of further increasing its shareholding in Vanke. The Shenzhen Metro itself is a local state-owned enterprise in Shenzhen, so Shenzhen state-owned capital has a controlling stake in Vanke, and Vanke is also a local state-owned enterprise in Shenzhen.

Business scope of Vanke

The business scope of Vanke Property includes multi-storey residential quarters, high-rise buildings, villas, office buildings, community businesses, government properties and other types. The business scope covers community pre-planning, order maintenance and cleaning services, landscaping design and maintenance, intensive management of facilities and equipment, intelligent design and construction of buildings, club management, real estate brokerage, home decoration, community resource management and many other fields.