Is Shanghai Hong Jiu Group a state-owned enterprise?

Shanghai Hong Jiu Group is not a state-owned enterprise. At present, the total assets of Shanghai Hong Jiu Industrial Group Co., Ltd. exceed 2 billion yuan. After 20 years of tempering and innovation, the single residential real estate has expanded to commercial and industrial real estate, and the development area has gradually jumped out of the local area and faced the international market; Business scope has expanded from real estate development to media, investment, trade, mineral resources and other fields. The business layout is based on the Yangtze River Delta, with Shanghai as the core, expanding to Hong Kong, Australia and the United States, and gradually forming a strategic pattern covering China and facing the world, laying a high-quality foundation for growing into an influential international comprehensive enterprise. It belongs to an international enterprise.