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Is Lianfa Group a state-owned enterprise or a central enterprise?

The group is a state-owned enterprise.

As a member of China's state-owned enterprises, Lianfa Group Co., Ltd. does not belong to the category of central enterprises directly managed by the central government and plays an important role in local economic development. Since the establishment of 1983, Lianfa Group has gradually grown into a powerful local state-owned enterprise, relying on the development advantages of Xiamen and its surrounding areas in Fujian Province.

As a core member of Jianfa Group, a fortune 500 enterprise, Lianfa Group not only enhanced its own market competitiveness, but also actively promoted regional industrial upgrading and urban construction, making positive contributions to national and local economic and social development.