Is China Huayang Investment Holding Co., Ltd. a state-owned enterprise?

Yes China Huayang Investment Holding Co., Ltd., formerly known as China Huayang Langli Science and Trade Company, is a state-owned holding enterprise invested by China Huayang Economic and Trade Group Co., Ltd., focusing on trade and investment. In the past two years, the company has become the main entity management and investment holding platform of the group, and its main business has changed from import and export trade to trade and investment. The industries involved in the company include import and export trade, petrochemical processing, auto parts, commercial real estate, high-tech industries and financial services. With the support of China Council for the Promotion of International Trade and the leadership of Huayang Group, the company's investment scale has been continuously expanded and its capital strength has been continuously enhanced.