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Is Huaxia Group a state-owned enterprise?

Huaxia Group is not a state-owned enterprise.

Huaxia Group is a joint-stock enterprise founded in Shandong. It was founded by Mr. Xia Chunting. It started with an investment of 48 yuan in December 1985 to produce cement pipes. Taking advantage of the spring breeze of reform and opening up, in just 25 years, Huaxia Group has rapidly grown from an industrial enterprise that only produces tower cranes into a large modern enterprise group that spans industries and fields.

Introduction to Huaxia Group Company

1. Huaxia Heavy Industry

The group’s core enterprise is the leading enterprise in China’s tower crane production industry. As early as 2005, the "Huaxia" trademark was recognized as the first "China Famous Trademark" in the construction machinery industry by the State Administration for Industry and Commerce. The "Huaxia" brand tower crane produced has ranked first in national sales for 11 consecutive years since 1999. The product market share reaches 20%.

2. Huaxia Pharmaceutical

Huaxia Pharmaceutical Group Co., Ltd. was registered and established in 2002 with a registered capital of 110 million yuan and a first-phase production workshop of 45,000 square meters. *** has 13 production lines and has now developed into a provincial-level high-tech enterprise integrating the research and development, large-scale production, sales, warehousing and logistics of pharmaceuticals and general foods.

3. Huaxia Tourism

Weihai Huaxia City Tourism Group Co., Ltd. has a registered capital of 50 million yuan and consists of Huaxia Guild Hall, Shenyou Huaxia Landscape Performance, Outward Bound Training, Happy Huaxia, and a travel agency and other subsidiaries.

4. Huaxia Real Estate

Weihai Huaxia City Real Estate Development Co., Ltd. has a registered capital of 100 million yuan. Relying on the old village reconstruction project of 11 villages in the western part of the Weihai Economic Zone, while developing and constructing theme parks in the area, it successfully developed the "Huaxia Shanhai City" covering an area of ??2,600 acres and the "Huaxia Shanshui City" large-scale real estate covering an area of ??1,300 acres. The project covers high-rise and small high-rise residences, villas and bungalows of different grades.