this enterprise is actually a central enterprise, which can be said to have the nature of a state-owned enterprise.

Joy City is a commercial real estate brand operated by Joy City Holdings, a subsidiary of COFCO. It mainly aims at building a high-quality urban complex, integrating shopping, catering, entertainment, leisure and culture. Joy City has branches in many cities in China, such as Beijing Chaoyang Joy City, Tianjin Joy City, Shanghai Joy City, Shenzhen Joy City, Chengdu Joy City, Hangzhou Joy City, etc. Each Joy City will be customized for design and investment operation according to local culture and consumer demand.