Is Shimao Group a state-owned enterprise?

Shimao Group is not a state-owned enterprise, but a private enterprise. The full name of Shimao Group is Shimao Group Holding Co., Ltd., which entered the real estate industry from 1989. After more than 30 years of development, more than 100 core development cities have been laid out in China, involving real estate, commerce, property management, hotels, theme entertainment, culture and other industrial fields. Following the national strategy, the company continues to provide customers with high-quality experiences such as residence, life, consumption, business and tourism, leading the way of life and serving a better life.

The company's real estate development aims at creating high-quality products, relying on its own 30 years of high-end residential development experience, adhering to the "ingenuity spirit" to continuously build and enhance product strength, covering the whole life cycle of customers with product systems, completing iterative upgrading of residential standardization and enhancing market competitiveness.

Starting from the subtle needs of customers, the company conducts in-depth research and innovation on its residential products. While stabilizing the leading edge of high-end products, we pay attention to the pain points of just-needed, improved and high-end customers, and carefully carve products. We have successively launched the whole life cycle residential product systems such as Cloud Department, Ming Department, Guofeng Department, Tianyu Department and Long Yin Department, and forged products recognized by the market while solving customers' pain points.

The company takes users as the first service, quality as the core and digital intelligence as the driving force to build "OCEAN X Deep Blue Service System" and "OCEAN OS Deep Blue Management System". Build a value-added service ecosystem around "users" and "assets", focusing on the layout of intelligent technology services, real estate value-added, community education, community new life and other sectors.