Is Zaozhuang Liyuan Group a state-owned enterprise?

Yes Zaozhuang Power Supply Company and Liyuan Group Company (Municipal Power Supply Bureau) were established in 1962, and they are the only power supply enterprises at prefecture level in Shandong Province. It belongs to Shandong Electric Power Group Company and is at the level of preparation. The original value of fixed assets is 2.693 billion yuan, which is a large national power supply enterprise. State-owned enterprises refer to wholly state-owned enterprises in which the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively.