Is Longhu Group a state-owned enterprise or a private enterprise?

Longhu Group is a private enterprise. According to the information of official website State Administration for Industry and Commerce, this company is an organization engaged in production and business activities invested by individual capital, not a state-owned enterprise, but a private enterprise. Longhu Group Co., Ltd., founded in 1993 and headquartered in Chongqing, is a national real estate developer. Its business covers real estate development, commercial operation, rental housing, smart services, housing rental and sales, etc. , and is committed to providing a high-quality living and business environment. Longhu Group takes customer first, honesty and responsibility, win-win cooperation as its core values, and constantly enhances its competitiveness and realizes sustainable development.