Is Zhongliao Potash Co., Ltd. a state-owned enterprise?

Zhongliao Potash Co., Ltd. is not a state-owned enterprise. Zhongliao Potash is a private enterprise. According to relevant information, as of June 22, 2022, Yunnan Zhongliao Mining Development and Investment Co., Ltd., a wholly-owned subsidiary of Yuntianhua Group, was responsible for the construction, development, production and operation of the potash project in Laos.