Is Shanxi Jingfu Expressway a state-owned enterprise?

No Shanxi Jingfu Expressway Engineering Construction Co., Ltd. is a franchise unit approved by Shanxi Provincial People's Government, Administration for Industry and Commerce, State Taxation Bureau and State Bureau of Technical Supervision, and is a joint-stock enterprise. Shanxi, referred to as "Jin" for short, is a provincial administrative region of People's Republic of China (PRC). Taiyuan, the capital, is located in North China of China, bordering Hebei in the east, Shaanxi in the west, Henan in the south and Inner Mongolia in the north.