Is Yunnan Simao Copper Co., Ltd. a state-owned enterprise?

No, Yunnan Simao Copper Co., Ltd. is not a state-owned enterprise, but Yunnan Simao Shanshui Copper Co., Ltd., which was established in 2006 and located in Pu 'er City, Yunnan Province. Is a non-ferrous metal mining-based enterprises, no state holding. It is a Sino-foreign joint venture and belongs to the non-public economy. Yunnan Simao Copper Co., Ltd. is located in Dapingzhang Copper Mine, Simaogang Town, Simao District, Pu 'er City, Yunnan Province. It is mainly engaged in the exploration of copper mines and other precious metals (including gold, silver, lead, zinc and other related mineral resources).