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

As follows:

Dahua Group is a private enterprise with a shareholding profit, not a central enterprise or a state-owned enterprise. Shanghai Dahua Group was established in 1988 and is headquartered in Shanghai. It is a real estate development enterprise with first-class national qualifications.

It is a private real estate development enterprise with first-class national qualifications. Shanghai Dahua Group was established in 1988. It has more than 50 holding and joint-stock subsidiaries***. It is a real estate development company that integrates real estate investment, development, construction, property management, investment management, commercial operations, etc. An enterprise group integrating business.

The growth footprint of Dahua Group

In 1988, the predecessor of Dahua Group - Shanghai Baoshan District Dachang Township Commercial Housing Development Company was established.

In 1992, it was renamed Shanghai Dachang Real Estate Development and Management Company.

In 1996, the company transformed from relocation housing and poverty alleviation housing to commercial housing development. Officially started to develop a series of commercial housing in Baoshan District, Shanghai. The "Dahua Community", a super-large residential area of ??3.5 square kilometers, was gradually developed and became one of the "Top 50 Famous Urbanized Communities in China".

In May 1998, the company moved beyond Baoshan District and began expansion and development throughout Shanghai. The first project is "Dahua Qingshuiwan Garden", a high-end residential building on the banks of the Suzhou River in Putuo District.

In 1998, the "Dahua" trademark was officially registered and the journey of branding strategy began.

In 1999, "Going out of Dahua and developing Dahua", Dahua gradually became a well-known real estate brand in Shanghai.

In 2000, the Dahua Splendid Huacheng Project, a park community of about 3.3 square kilometers developed in Pudong, Shanghai, entered the start-up stage of the new century.