Is Ningbo Qiankai Energy Technology Co., Ltd. a state-owned enterprise?

Yes

1. Ningbo Gankai Energy Technology Co., Ltd. is a state-owned subsidiary jointly funded by Ningbo Thermal Power Co., Ltd. and Ningbo Ganwan Development Co., Ltd., mainly engaged in the comprehensive energy development of Sino-Italian Ningbo Ecological Park.

2. The company was established in May 2020 with a registered capital of 654.38 billion yuan. The company's permanent office is Ningbo Ecological Park, Yuyao City, Zhong Yi.