Is Wu Rui Group a state-owned enterprise?

No. Shanghai Wu Rui Metal Group Co., Ltd., headquartered in Shanghai Nonferrous Metals Trading Center, is one of the earliest enterprises engaged in spot trading of bulk commodities in China. Has a number of wholly-owned and holding subsidiaries, covering the whole country. After years of industry accumulation, it has developed into a comprehensive enterprise group integrating commodity trade, financial transactions and foreign investment, and is not a state-owned enterprise.