Is Yunnan Guoneng Coal and Electricity Co., Ltd. a state-owned enterprise?

No Yunnan Guoneng Enterprise Management Co., Ltd. used to be known as Yunnan Guoneng Coal and Electricity Co., Ltd. It is not a state-owned enterprise, but a diversified private enterprise. The company mainly engages in coal mining, mineral resources, modern agriculture, biotechnology, Yang Kang real estate and industrial investment, with an annual income of over 654.38 billion yuan. It is a wholly-owned subsidiary of Jin Shiqi International Holdings Limited, a well-known private enterprise in Guizhou Province.