Guangxi Huayi Chlor-Alkali Chemical Co., Ltd. is not a state-owned enterprise, because its parent company Shanghai Chlor-Alkali Chemical Co., Ltd. is a listed company controlled by Shanghai Huayi (Group) Company.
Guangxi Huayi Chlor-Alkali Chemical Co., Ltd. is a secondary subsidiary of Shanghai Chlor-Alkali Chemical Co., Ltd., but its shareholding structure is not a state-owned enterprise controlled by the state.