What level of state-owned enterprise does Yuexiu Group belong to?

First-class municipal state-owned enterprises.

Yuexiu Group is a private enterprise group in China, headquartered in Guangzhou, Guangdong Province. The Group has rich operational strength and resource advantages in real estate development, hotel management, financial investment and other fields. It is not a state-owned enterprise in the traditional sense, but it is closely related to relevant government agencies and is supervised and supported by local governments (such as Guangzhou).