Is Hankou North Group a state-owned enterprise?

No, according to official website information of the State Administration for Industry and Commerce, Hankou North Group Company is an organization established by individual capital in accordance with the law to engage in production and business activities, and it is not a state-owned enterprise. Hankou North Group, a subsidiary of Zall Group, is mainly responsible for operating Hankou North International Commodity Exchange Center, with a total planned construction area of 8 million square meters and a total construction area of 3 million square meters. The project is located in the international leading 6s intensive automobile trading exhibition base, including brand vehicle trading, automobile parts trading, automobile maintenance and other ten functional sectors.