Is Xinao Group a state-owned enterprise?

This enterprise is not a state-owned enterprise.

Xinao Group is a private enterprise. Company type: joint stock limited company. Xinao Group 1989 started its business with the mission vision of "building a modern energy system, improving people's quality of life and becoming a respected innovative and intelligent enterprise", forming downstream distribution and midstream trade storage and transportation.

The clean energy industry chain generated upstream and the life and health product chain covering health, culture, tourism and home ownership. Facing the digital era, Xinao actively promotes digital transformation, and strives to build two platforms, namely Pan-Energy Network and Laikang Network, and build a clean energy ecosystem and a life and health ecosystem.