Is Shanghai Cheng Kai Group Co., Ltd. a state-owned enterprise?

Yes Shanghai Cheng Kai (Group) Co., Ltd. is a local state-owned enterprise invested by Shanghai Industrial Holdings Co., Ltd. and Xuhui District State-owned Assets Supervision and Administration Commission. Shanghai Cheng Kai (Group) Co., Ltd. was established in 1996, located in Shanghai, and is an enterprise mainly engaged in the real estate industry.