Is Panjin North Asphalt Co., Ltd. a state-owned enterprise?

It is a state-owned enterprise. Panjin North Asphalt Co., Ltd. (hereinafter referred to as the company) is a state-owned enterprise mainly engaged in the production and sale of road asphalt and high-grade special oil series products, and belongs to China Ordnance Industry Group Co., Ltd. Panjin North Asphalt Co., Ltd. is a joint-stock enterprise mainly engaged in the production and sale of road asphalt and high-grade lubricant base oil products. The company is located in Panjin City, Liaoning Province, the coast of Liaohe River and the wetland capital, covering an area of 270,000 square meters, with nearly 1,000 employees, with a total share capital of 65.438 billion yuan and total assets of 265.438 billion yuan.