Is Runhua Property a state-owned enterprise?

Yes Shandong Runhua Property Management Co., Ltd. was established on 1996 with a registered capital of 50 million yuan. It is a national first-class qualified property management enterprise, a member of china property management institute, and the first property management enterprise listed on the New Third Board in Jinan. Runhua's property management format covers mid-to high-end property management, involving hospitals, public transportation, cultural tourism, universities, industrial parks, administrative offices, residential quarters and other fields. In the field of administrative property market, it has formed a unique and distinctive brand, and its business scale and benefits have continued to grow rapidly.