Is Fangda Special Steel Company a state-owned enterprise?

Fangda Special Steel Company is not a state-owned enterprise. According to the information of official website of the State Administration for Industry and Commerce, this company is an organization engaged in production and business activities invested by individual capital, not a state-owned enterprise. Fangda Special Steel Technology Co., Ltd., referred to as Fangda Special Steel for short, is an iron and steel production enterprise headquartered in Nanchang City, Jiangxi Province, China. Fangda Special Steel was established in 1999, which has the whole production process from mining, coking, sintering, ironmaking, steelmaking to steel rolling. This is a steel joint venture. Fangda Special Steel is famous for producing spring flat steel and automobile leaf spring, and it is one of the top-quality production bases of spring flat steel and automobile leaf spring in China.