Is Capital Property a State-owned enterprise?

Capital Property is one of the top 500 enterprises in China. Because it is an enterprise mainly owned by SASAC in Beijing, it can be called a state-owned enterprise in nature.

Capital Real Estate Co., Ltd. is a real estate development company in China. Capital Real Estate mainly develops real estate projects in Beijing, Tianjin and Chengdu, and has built three core business lines: residential development, outlet complex and urban core complex, supplemented by innovative businesses such as land first-level development and high-tech industrial real estate.

The company was listed on the Hong Kong Stock Exchange on June 19, 2003.