Is the capital guarantee company a state-owned enterprise?

Capital Guarantee Corporation is a state-owned enterprise. The Capital Guarantee Company is the first state-owned guarantee institution funded by the government in Beijing. Beijing Capital Financing Guarantee Co., Ltd. (hereinafter referred to as "Capital Guarantee Company") was established at the end of 1997. In 2003, with the approval of the Beijing Municipal People's Government, it carried out strategic reorganization, creating a "dual-track" management model of "registered capital+government trust funds". It is the earliest state-owned guarantee institution established in Beijing and strongly supported by the two levels of government in urban areas, and took the lead in setting up the first SME guarantee fund in China.