Is Shanhai Group a legitimate business?

Shanghai Group is a legal enterprise.

Shanghai Shanhai Enterprises (Group) Co., Ltd. is an economic entity of Fangnan Village, Daba Town, Baoshan District, Shanghai. In the town party committee and the town government's fostering support, has founded warehousing, construction, printing, blades, chemicals, wood and so on more than 10 early-scale economic entities, the establishment of the Shanghai Shanhai Group Industrial Corporation, began to form the embryonic form of the group's economy.

Development:

Entering the twenty-first century, the face of the group's surrounding has changed dramatically, the Hutai Road Bridge and the completion of the Central Ring Road and the construction of the subway line M7, to the Shanhai Group ushered in a new opportunity for extraordinary development.

Shanhai people grasped the great opportunity to boldly explore new ways of reform and development, and actively introduce Chinese and foreign businessmen *** with the investment, business, property, warehousing industry is rapidly growing, the construction industry, the simultaneous development of industry. Has formed a commercial, industrial, construction, property management, four holding subsidiaries and wholly owned warehousing branch, annual sales value of more than three billion yuan.

Reference: Baidu Encyclopedia-Shanghai Shanhai Enterprise (Group) Co.