Is Beijing Chengtou Holding Group Co., Ltd. a state-owned enterprise?

It is a state-owned enterprise. China Chengtou Construction Group Co., Ltd. (hereinafter referred to as China Chengtou Group) is a state-owned enterprise group invested by the Ministry of Finance, the State-owned Assets Supervision and Administration Commission of the State Council and the United Front Work Department. China Chengtou Group is headquartered in Beijing, and its core enterprise, China Chengtou Construction Co., Ltd., was established on April 3, 1979. Its predecessor is China No.2 Mechanical and Electrical Equipment Co., Ltd., which is an enterprise owned by the whole people directly under the central government. The Group focuses on the cooperative development of government and social capital cooperation (PPP) projects, investment and development of urban complexes, investment and construction of industrial parks and general contracting of projects. The group has obtained the Asian Development Bank and the African Development Bank.