Is Kunlun Petroleum a state-owned enterprise?

Yes Anniversary Kunlun Group is a state-owned holding company, which belongs to Anniversary Petroleum Administration Bureau, which is a state-owned enterprise, so Kunlun Group is also a state-owned enterprise. China Petroleum and Natural Gas Group Company is a comprehensive international energy company mainly engaged in oil and natural gas business, engineering technical services, petroleum engineering construction, petroleum equipment manufacturing, financial services and new energy development.