Is Hong Guang Lang Hua Bean Products Co., Ltd. a state-owned enterprise?

Yes Hangzhou Bean Products Food Co., Ltd. has a registered capital of13.56 million yuan, with state-owned shares accounting for 29.89%. It is the largest soybean producer in Zhejiang Province and a demonstration enterprise of Hangzhou Municipal Government's "Safe Bean Products Project". Both the headquarters production base (Daguan) and the soybean beverage production base (Zhao Hui) are state-owned enterprises, with a total construction area of 23,000 ㎡ and a daily processing capacity of more than 40 tons of soybeans.