Has Evergrande really become a state-owned enterprise?

Evergrande is a private enterprise, not a state-owned enterprise. At present, the largest shareholder of Evergrande should be Xu Jiayin, not the government or SASAC, so it must be a private enterprise.

Time of establishment of the company

Evergrande should have been established on 1996, and its founder was Xu Jiayin. The first one wanted to start from Guangzhou Evergrande Jinbi Garden, so the original base camp of Evergrande was Guangzhou, and later the group headquarters moved to Shenzhen. The main body of individual enterprise investment is not the government, but all personal assets investment.

Individual investment is owned by individuals, and Evergrande is an economic organization without corporate system. At present, limited liability companies are wholly-owned companies, and the main body of asset investment is individual asset investment or individual enterprise. At present, after 20 years of development, Evergrande has developed into a fortune 500 enterprise integrating real estate, health, tourism, culture and sports.

The sales in 20 18 is expected to reach 600 billion yuan, and there are currently more than 500 projects in 80 cities across the country. Evergrande also has many industries. In sports, Guangzhou Evergrande Football Team is the seventh consecutive champion of the Super League. It is also the most important business card of Evergrande. In terms of non-real estate, Evergrande has also developed Evergrande Children's World, and Evergrande Health Valley is suitable for children and the elderly.