Is Ningbo Ningxing Special Steel a state-owned enterprise?

No, Ningbo Ningxing Special Steel Co., Ltd. is a wholly-owned subsidiary of Ningbo Ningxing Trading Group Co., Ltd., and it is not a wholly state-owned enterprise that the State Council and the local people's government perform the investor's duties on behalf of the country respectively, so Ningbo Ningxing Special Steel is not a state-owned enterprise. State-owned enterprises refer to state-owned enterprises. State-owned enterprises refer to wholly state-owned enterprises in which the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively.