Is Fahua Group a state-owned enterprise?

Fahua Group is a state-owned enterprise. According to the information of Fahua Group in official website, Fahua Group was established in 1980, which is the same age as Zhuhai Special Economic Zone. It is the largest comprehensive state-owned enterprise group in Zhuhai and a well-known leading enterprise in China. At present, it holds 8 listed companies and 2 companies listed on the New Third Board, and has created 5 "AAA" credit entities, ranking 169 in the "Top 500 Chinese Enterprises" in 2023, ranking 20th. Fahua Group has always taken high-quality development as the theme, and has been deeply involved in three major industrial fields: science and technology, city and finance, and has been forging ahead bravely towards the world's leading national enterprises with scientific and technological innovation and leading industries.