Is Hefei Top 100 Group a state-owned enterprise?

Yes According to the inquiry of official website of Hefei Department Store Group Co., Ltd., Hefei Department Store Group Co., Ltd. (referred to as "Top 100 Group") is a state-owned enterprise in Hefei, formerly known as Hefei Department Store, which was completed and opened in August of 1959, and was restructured in 1993. A shares of "Hefei Department Store" were listed on the main board of Shenzhen Stock Exchange in 1996.