Is China Mobile Financial Technology Co., Ltd. a state-owned enterprise?

Yes According to official website's inquiry, China Mobile Financial Technology Co., Ltd., a wholly-owned subsidiary of China Mobile, is a state-owned enterprise recognized by the state. Based on building a new ecology of finance and e-commerce with operator characteristics, it has become a first-class comprehensive service provider of communication, consumption and finance in China. Therefore, China Mobile Financial Technology Co., Ltd. is a state-owned enterprise.