Is Evergrande a private enterprise or a state-owned enterprise?

Evergrande is a private enterprise.

China Evergrande Group, formerly known as Evergrande Real Estate Group Co., Ltd., is an international enterprise group listed on the main board of the Hong Kong Stock Exchange, integrating real estate planning and design, development and construction, and property management. Its registered place is in the Cayman Islands (British) and its headquarters is at No.1126 Haide Third Road, Nanshan District, Shenzhen City, Guangdong Province, China.

China Evergrande Group is one of the largest real estate development enterprises in China, with a wide range of real estate projects, developing residential, commercial real estate and cultural tourism real estate in many cities across the country, and it is one of the important participants in the real estate industry in China.

China Evergrande Group also has a certain investment layout in the field of cultural tourism, involving scenic spots and cultural and entertainment projects, and is committed to building an internationally competitive tourism cultural brand.

Advantages of Evergrande Group

1. Large scale of land reserve

Evergrande is one of the real estate enterprises with land reserve in China, with 52 projects in 24 major cities as of August 31, 29.

2. The land reserve is of high quality and low cost

Evergrande has entered the provincial capital cities and surrounding areas of China with an urban population of more than 5 million, and obtained a large-scale high-quality land reserve.

3. Covering more provincial capitals

Evergrande is a real estate developer focusing on the development potential of provincial capitals. Up to now, there are 44 projects of Evergrande in municipalities or provincial capitals, accounting for more than 8% of the total projects of Evergrande. At the same time, Evergrande has developed properties in 17 municipalities directly under the central government or provincial capitals such as Guangzhou, Tianjin, Chongqing, Shenyang, Chengdu, Wuhan, Nanjing, Xi 'an, Changsha, Taiyuan, Kunming, Nanning, Guiyang, Hefei, Zhengzhou, Nanchang and Shijiazhuang.

the above content reference: Baidu Encyclopedia-Heng China Evergrande Group