Is Shanghai Qiyao Heavy Industry Co., Ltd. a state-owned enterprise?

Shanghai Qiyao Heavy Industry Co., Ltd. is a state-owned enterprise. Relevant information shows that Shanghai Qiyao Heavy Industry Co., Ltd. (referred to as Qiyao Heavy Industry) was established on June 29th, 201May. It is a wholly-owned subsidiary of China Shipbuilding Industry Group Electric Power Co., Ltd., a listed company, and belongs to China Shipbuilding Industry Group Co., Ltd. Its main business mainly includes the design and production of marine diesel engine power plant, heat engine power plant and environmental protection and energy-saving equipment.