Is China Merchants Shekou a state-owned enterprise or a central enterprise?
China Merchants Shekou is a state-owned enterprise. China Merchants Shekou, namely China Merchants Shekou Industrial Zone Holding Co., Ltd., is a subsidiary of China Merchants Group Co., Ltd., and the state-owned subsidiary is also a state-owned enterprise. China Merchants Shekou is a comprehensive development and operation enterprise, the flagship company of China Merchants Group's real estate sector operation, and the domestic resource integration platform of China Merchants Group. During the reporting period, after the merger and listing of China Merchants Property, the company aggregated the unique advantages of the original China Merchants Property and Shekou Industrial Zone, aiming at building a smart city, a smart business district, a smart park and a smart community, and promoting urban upgrading and development. The company divides its business into three business segments: park development and operation, community development and operation and cruise industry construction and operation.