Is Minsheng Group a state-owned enterprise or a private enterprise?

Minsheng Group is a private enterprise. According to official website, the State Administration for Industry and Commerce and the company's capital are all funded by the state and owned by private enterprises. It is a legally established organization engaged in production and business activities and belongs to private enterprises. Minsheng Group refers to China Minsheng Bank, a national joint-stock commercial bank established in Chinese mainland and the first national commercial bank established by private capital in Chinese mainland. Its main shareholders include Liu Yonghao's New Hope Group, Zhang Hongwei's Oriental Group, Lu Zhiqiang's China Oceanwide Holding Group, China Shipowners Mutual Insurance Association represented by Wang Yugui, China Life Insurance and Shi Yuzhu. Minsheng Bank was established in 1996 65438+ 10/2, with its headquarters in Beijing. Its business scope covers a wide range of financial services, including absorbing public deposits, issuing short-term and long-term loans, handling domestic and overseas settlement, bill acceptance and discount, issuing financial bonds, issuing and paying government bonds as an agent, buying and selling government bonds and financial bonds, engaging in interbank lending, buying and selling foreign exchange, and engaging in bank cards.