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Is Fangshang Ruixiang Property a state-owned enterprise?

It was not Shanghai Ruixiang Fangshang Property Management Co., Ltd. that began to manage government offices, hotels and residential properties from 1987. Is the first property management company in China. This company is private, not state-owned. Property was introduced into coastal areas and inland areas from China and Hongkong, meaning property, assets, real estate, real estate, industry and so on.