Is Binzhou Fanghua Co., Ltd. a state-owned enterprise?

State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively. Fanghua Co., Ltd. is a state-owned listed company, an important backbone member of China Cotton Textile Capital, and a printing and dyeing product development base in China recognized by the National Textile Product Development Center. The actual controller is the State-owned Assets Supervision and Administration Commission of Binzhou Municipal People's Government.