Is Fahua Group a state-owned enterprise?

Fahua Group is a state-owned enterprise.

Zhuhai Fahua Group Co., Ltd. was established in 1980, the same age as Zhuhai Special Economic Zone. It is the largest comprehensive state-owned enterprise group in Zhuhai and a well-known leading enterprise in China. It is also a leading enterprise in implementing Zhuhai's industrial first strategy and the national new energy industry. Since 20 16, it has been ranked among the top 500 Chinese enterprises for seven consecutive years, and ranked 183 in 2022. Successfully selected into the top state-owned enterprises in the State Council 100, and won the national benchmark.

Fahua Group currently holds 9 listed companies of Fahua Shares Huajin Capital Fahua Property Service Chen Zhuang Holdings Ye Wei Shares Huacan Photoelectric Library Technology Dixintong Founder Technology and 2 new three-board listed companies of Huaguan Technology Huaguan Capacitor; Five 3A credit entities, namely Fahua Group, Fahua Shares, Fahua Comprehensive Development, Fahua Investment Control and Fahua Technology Industry, have been successfully established.

Since 20 12, Fahua Group has vigorously implemented the strategy of transformation and upgrading, leapfrog development and science and technology+,closely linked with the real economy and urban construction, and kept growing in the process of promoting the urban development of our city. After several years of efforts, Fahua Group has developed from a single regional real estate enterprise into a comprehensive enterprise group with three industrial clusters: science and technology, city and finance. The overall strength and development level of the group ranks among the top state-owned enterprises in China, and its comprehensive strength and performance rank among the top state-owned enterprises in the province. The regional distribution has expanded from Zhuhai to more than 70 major cities in the mainland, such as Beijing, Guangzhou and Shenzhen, as well as Hong Kong, Macao, San Francisco and Tel Aviv.