Is China Film Group Corporation a state-owned enterprise?

According to Baidu Encyclopedia, the company is a state-owned enterprise.

China Film Group Corporation is controlled by the state, so it is a state-owned enterprise. Its member CCTV-6 is the only national professional film channel, which broadcasts 10 Chinese and foreign feature films and various cartoons, documentaries and feature films every day. In recent years, the channel has held large-scale film celebrations such as the China Film Observation Award and the China Golden Rooster and Hundred Flowers Film Festival.

China Film Group has opened up financing channels in various ways, gained more development space, achieved leap-forward development, gradually established an operating mechanism to meet market demand, promoted industrialization, intensive management, enterprise management, market-oriented operation and modernization, and continuously improved its strength, influence and core competitiveness. It is a large-scale film enterprise group with domestic first-class level and international competitiveness.