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Is Chengfa Group in Linyi County under the control of Chengfa Group in the city?

Yes Linyi City Development Group Co., Ltd. is a large state-owned enterprise approved by the municipal government. The group was established on June 8, 2006 with a registered capital of 2.5 billion yuan. The credit rating of the enterprise is AA+, and there are 37 ownership companies with more than 2,000 employees. By the end of June, 5438+February, 2020, the Group's assets were more than 50 billion yuan, and it was awarded the honorary title of "Top Ten Excellent Party Building Brands of Yimeng Meritorious Enterprise Revitalizing Yimeng Labor Award" by the provincial civilized units in Shandong Province.