Is Hainan Development Holding Co., Ltd. a legal company?

Yes Hainan Development Holding Co., Ltd. is a wholly state-owned company approved by Hainan Provincial Government. Established on February 2, 2005. It is a provincial large-scale enterprise managed by the State-owned Assets Supervision and Administration Commission of Hainan Provincial People's Government and has been legally registered in Hainan Provincial Market Supervision and Administration Bureau.