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

Greentown, a state-owned enterprise, was founded in 1995. Is one of the well-known real estate developers in China, focusing on the development of urban series of high-quality residential products, with national first-class development qualifications, and transformed into a wholly foreign-owned enterprise in 2005. It is a wholly-owned subsidiary of Greentown China Holdings Limited, a Hong Kong listed company, headquartered in Hangzhou, Zhejiang Province.

The specific situation of Greentown Group

1. This enterprise is very famous in the industry and is one of the famous real estate enterprises in China. Determined to develop a series of high-quality residential products in the city, with national first-class development qualifications. The company is headquartered in Hangzhou, Zhejiang Province. Greentown was founded in 1995 and transformed into a wholly foreign-owned enterprise in 2005. It is a wholly-owned subsidiary of Greentown China Holdings Limited (stock code: 03900), a Hong Kong listed company.

2. Established in 1995. It has a history of 24 years. Through continuous development and innovation, Greentown has governed more than 70 member enterprises with more than 2,600 employees.

The real estate development footprint covers Hangzhou, Ningbo, Wenzhou, Jinhua, Huzhou, Shaoxing, Zhoushan, Taizhou, Lin 'an, Tonglu, Chun 'an, Haining, Deqing, Changxing, Shangyu, Shaoxing County, Xinchang, Xiangshan, Cixi and Zhuji in Zhejiang Province, as well as Beijing, Shanghai, Hefei, Changsha, Qingdao, Jinan, Nanjing, Wuxi, Nantong and China.