Is Baoneng Group a state-owned enterprise?

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According to Aiqi's investigation, Shenzhen Baoneng Investment Group Co., Ltd. was established on March 23, 2000. The legal representative is Yao Zhenhua. Holding by everyone, it is a group enterprise with real estate industry, logistics industry and high-tech industry as its core. Therefore, Baoneng Group is not a state-owned enterprise.

Headquartered in Shenzhen Special Economic Zone, China, Baoneng Group has established branches in South China, North China and East China after years of steady development. The company includes five major sectors: comprehensive property development, finance, modern logistics, cultural tourism and people's livelihood industry. The business is distributed in the Pearl River Delta region with Shenzhen as the core, the Bohai Rim region with Beijing and Tianjin as the core and Central China, with many subsidiaries, and the core net asset value has exceeded10 billion yuan.