Is Luoyang State-owned Assets Management Co., Ltd. a state-owned enterprise?

Yes According to the inquiry of Luoyang State-owned Assets Management Co., Ltd., Luoyang State-owned Assets Management Co., Ltd. is a state-owned assets management platform with dual functions of policy and operation, which is approved by Luoyang Municipal People's Government, performs the government investment function and undertakes the responsibility of asset reorganization and disposal in the reform of state-owned enterprises. Luoyang State-owned Assets Management Co., Ltd. is a wholly-owned subsidiary of Luoyang Guo Hong Investment Group Co., Ltd., which was established in July 20001year.