Is Bao Zhong Group a state-owned enterprise or a private enterprise?

Private enterprises. Hong Kong Bao Zhong Investment Group is a specialized large-scale investment group with equity investment, industrial investment and capital operation as its core business. Since its establishment, it has completed 8 investment projects/kloc-0 with an investment of more than 5 billion yuan, involving nearly 100 intentional projects with an amount of more than 30 billion yuan.