Is Zibo Daya Metal Technology Co., Ltd. a state-owned enterprise?

Yes Zibo Daya Metal Technology Co., Ltd. is one of the five largest suppliers of metal abrasives in the world. Its predecessor was a joint venture between Shandong Zhoucun Steel Sand Factory (founded in 1974) and Japan Daya Commercial Co., Ltd. in 1997, and it was restructured into a joint-stock enterprise in 2009.