Is Fuzhou Construction and Development Group Co., Ltd. a state-owned enterprise?

Fuzhou Construction and Development Group Co., Ltd. is a state-owned enterprise. Fuzhou Construction and Development Group Co., Ltd. (formerly known as Fuzhou Real Estate Development Group Co., Ltd.) is a large state-owned real estate enterprise in Fuzhou and a national first-class real estate development qualification enterprise. The group is a large-scale state-owned real estate group established with the approval of the municipal government at the end of 2008, focusing on social security housing construction, shantytown renovation and legitimate commercial housing management.