Is Jindi a state-owned enterprise or a private enterprise?

Gemdale 1988 was founded in Shenzhen, China, and listed on the Shanghai Stock Exchange on 200 1. It is a comprehensive listed company with real estate development as its main business and comprehensive development of related diversified businesses. Jindi Company is essentially a private enterprise. Jindi (Group) Co., Ltd. was established in 1988, 1993 and started to operate real estate. In April, 20001,Gemdale (Group) Co., Ltd. was officially listed on the Shanghai Stock Exchange.

Jindi was formerly a state-owned enterprise in Futian District, Shenzhen, and Ocean Shipping Group was once a subsidiary of China Ocean Shipping Group, a central enterprise. Later, both companies went through the process of state-owned enterprise restructuring and joint-stock listing, and the original state-owned shares gradually withdrew. At present, the largest shareholder of COSCO is China Life Insurance, a central enterprise, and the third largest shareholder of Gemdale is Shenzhen State-owned Assets.

Brief introduction of Jindi development;

1. From the business model, Gemdale's real estate development business is one of its core businesses. The company obtains land through bidding, auction and cooperative development, and carries out project development. At the same time, the company also actively explored real estate finance, urban renewal and other business areas, further expanding the company's business scope.

2. From the financial situation, Gemdale's financial situation continues to be good, and the company's asset-liability ratio, net debt ratio and other indicators are lower than the industry average. The company's operating income and net profit grew steadily, and its gross profit margin and net interest rate remained at a high level.

3. From the market prospect, the real estate industry is one of the important pillar industries of China's economy, and it will maintain steady growth in the future. At the same time, with the continuous improvement of people's requirements for living quality, the real estate market will gradually develop in the direction of high quality, intelligence and environmental protection. As a leading enterprise in the real estate industry, Gemdale is expected to gain more market share in the future market competition.