Is this fate a state-owned enterprise or a private enterprise?

It is a state-owned enterprise. Jin Shiyuan is a state-owned liquor enterprise in China. As a state-owned enterprise, Jin Shiyuan is wholly owned by China Municipal Government, which has certain national background and resource advantages. State-owned enterprises usually bear the responsibility of national development and economic stability, and their business objectives are not only profit, but also service national interests and social responsibilities. Jiangsu Jin Shiyuan Liquor Co., Ltd. was established on February 23rd, 1997, 1997. The controlling shareholder is Jin Shiyuan Group Co., Ltd., and the actual controller is the People's Government of Lianshui County, Jiangsu Province, headquartered in Huai 'an City, Jiangsu Province. The business scope includes wine production and sales of the company's products, production and sales of blended wine, wholesale and retail in prepackaged foods, self-operated and agency import and export of various commodities and technologies (except those restricted or prohibited by the state), brand planning, development of new wine products, manufacturing and sales of clothing, shoes and hats, design, production and agency of general advertisements, and enterprise management consulting.