Is Dalian COSCO Shipping a state-owned enterprise?

Dalian COSCO Shipping is a state-owned enterprise, which belongs to COSCO Shipping Engineering Co., Ltd., and COSCO Shipping Engineering Group Co., Ltd. was established in June 2006. It is a large-scale enterprise group under China Ocean Shipping (Group) Corporation, which is mainly engaged in the construction, modification and repair of large ships and ocean engineering, and integrates ship support. In Dalian, Zhoushan, Nantong, Guangdong, Shanghai, Lianyungang, Tianjin, Xiamen and other places, there are a number of leading domestic and internationally renowned large-scale shipping enterprises and a number of ship supporting enterprises. Based on professional services and modern management, COSCO Shipping has become the preferred partner of world-renowned shipping companies and offshore oil service providers.