Is Huashen Industrial (Shenzhen) Group Co., Ltd. a state-owned enterprise?

Huashen Industrial (Shenzhen) Group Co., Ltd. is not a state-owned enterprise. Huashen Industrial Group is an industrial M&A and operation comprehensive entity initiated by Guangdong City M&A Investment Co., Ltd., and has completed nearly 50 billion state-owned mergers and acquisitions since its establishment. Huashen Industrial (Shenzhen) Group Co., Ltd. was established on February 9, 2020, and its registered place is located in Block B, Phase I of Tianan Innovation and Technology Plaza, No.25 Tairan 4th Road, Tianan Community, Shatou Street, Futian District, Shenzhen. State-owned enterprises refer to state-owned enterprises. 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.