Is Jinheng Group a state-owned enterprise?

Jinheng Group is not a state-owned enterprise. Jinheng Group is a private enterprise in China, not a state-owned enterprise. Founded in 1992, headquartered in Shenzhen, Guangdong Province, China, it is mainly engaged in real estate development, property management, investment and other fields. Although Jinheng Group is not a state-owned enterprise, it is one of the important enterprises in China's real estate industry, with a certain market position and influence.