Is Shenyang Xinhua Water Conservancy Holding Group a state-owned enterprise?

Yes Xinhua Water Conservancy Holding Group Co., Ltd. was established in June 1994. It is a wholly state-owned enterprise funded by the Comprehensive Enterprise Bureau of the Ministry of Water Resources, and its legal representative is Ye Jianqiao. The company's business scope includes: water conservancy investment; Development and management of Wanjiazhai water conservancy and hydropower project on the Yellow River: development of water conservancy, hydropower and water supply projects; Consulting and technical services for the construction of water conservancy and hydropower projects; Mechanical equipment leasing; Mechanical and electrical equipment sales; Import and export business, etc.