Is Zhengrun Environment a State-owned Enterprise?

Zhengrun environment belongs to state-owned enterprises. Zhengrun Environment Co., Ltd. is a joint-stock company registered in China, mainly engaged in the investment, construction, operation and related services of environmental protection industry. Founded in 2005, the company is headquartered in Guangzhou, Guangdong Province. Although shares of Zhengrun Environment have been listed on the Hong Kong Stock Exchange, its controlling shareholder is Guangdong Environmental Protection Investment Development Co., Ltd., a subsidiary of China Guangdong Nuclear Power Group, a state-owned enterprise. Therefore, it can be considered that Zhengrun environment belongs to state-owned enterprises.