Is Shenzhen Daxing Automobile Group a state-owned enterprise?

Shenzhen Daxing Automobile Group is not a state-owned enterprise. Not state-owned enterprises invested by the central government and local governments, but private enterprises. Shenzhen Daxing Automobile (Group) Co., Ltd. was established in 1986, which is a large automobile group integrating international trade, automobile sales, automobile maintenance, spare parts supply, automobile modification and decoration, used car trading and automobile supplies supermarket chain. There are 18 4S stores with 36 outlets, with a total business area of 250,000 ㎡, nearly 3,000 employees and 250,000 car owners. It is a leading enterprise in Shenzhen automobile industry.