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

Evergrande Group is a private enterprise.

China Evergrande Group (listing code: HK03333) is located in Shenzhen. Formerly known as Evergrande Real Estate Group Co., Ltd., it is an international enterprise group listed on the main board of the Hong Kong Stock Exchange and integrating real estate planning and design, development and construction, and property management. Its registered place is in the Cayman Islands (British).

On the evening of May 17, 2016, Evergrande Real Estate (03333.HK) announced that it would initiate a special resolution at the annual general meeting of shareholders to be held on June 16, intending to change the company’s Chinese name to The name was changed from "Evergrande Real Estate Group Co., Ltd." to "China Evergrande Group". If the name change is ultimately successful, Evergrande will be one of the few private enterprises to use the prefix "Chinese", which was previously only the patent of central enterprise giants.

Corporate Culture

Corporate purpose: Quality builds brand, integrity builds great achievements. Quality is the cornerstone for an enterprise to establish its brand. Brand represents product quality and service quality, reflecting corporate visibility, reputation and customer loyalty to the corporate brand. In the process of realizing corporate strategic goals, Evergrande Group focuses on building quality products internally, shaping its image externally, and building an international brand. The company takes integrity as its core and integrates integrity into every aspect of operation and management, customer service, communication and cooperation, development and win-win, to build a century-old Evergrande.

Enterprise spirit: hard work, selfless dedication, hard work, pioneering and enterprising. The Evergrande spirit is the ideological achievement and spiritual strength of all Evergrande people, and it is continuously improved and sublimated in the process of corporate development. This helps employees maximize their potential, release their creativity to the greatest extent, and breathe the same destiny as the company, thereby creating great cohesion and competitiveness for the company.

The above content refers to Baidu Encyclopedia-China Evergrande Group