Is Vanke Property State-owned or Private?

Vanke Property is neither a state-owned enterprise nor a private enterprise, but a state-owned joint-stock enterprise and a mixed-ownership enterprise.

Vanke Property was established in 1990, which mainly provides quality services for residential properties and has been one of the top 100 industries for ten consecutive years. As a leader in the property management industry in China, Vanke Property is committed to letting more users experience the beauty of property services, and provides life-cycle services around the preservation and appreciation of owners' properties.

On September 25th, 2020, at the media exchange meeting held by Vanke Group in Fuxian Lake, Yunnan, Baoquan Zhu, a partner of Vanke Group and CEO of Vanke Property, announced that Vanke Property would be a brand focusing on residential property and providing high-quality services. State-owned enterprises refer to state-owned enterprises that have direct ownership and control over their capital. The will and interests of the government determine the behavior of state-owned enterprises.

Development history

In 20 15, it won the first place in the top 100 comprehensive strength of national property service enterprises selected by china property management institute. In 20 16, China index research institute and China property management institute merged to select Vanke property, and won the first place in the top 100 national property service enterprises.

20 17 China property brand value research results released, Vanke property won the first place in China property service professional operation leading brand enterprise on 20 17, and the first place in China property service quality leading brand on 20 17. 20180,000 branch rental and sales center was renamed as the second-hand house franchise store of Vanke Property in Park Neighborhood. Vanke Property ranked first among the top 100 property service enterprises in China for nine consecutive years, and won the honorary title of special service of corporate headquarters for two consecutive years.

Reference to the above content: Baidu Encyclopedia-Vanke Property