Is Shengguang Group a state-owned enterprise?

Shengguang Group is a state-owned enterprise. Shengguang Group is another joint-stock company controlled by the State-owned Assets Supervision and Administration Commission of Guangdong Province, so Shengguang Group can be regarded as a state-owned enterprise. Other joint-stock companies can be state-owned enterprises or private enterprises. Private enterprises have less responsibility to state-owned enterprises, while state-owned enterprises have greater responsibility. The controlling shareholder of Guangdong Guang Guang Group is Guangdong Guangxin Holding Group Co., Ltd., and both the actual controller and the ultimate controller are the State-owned Assets Supervision and Administration Commission of Guangdong Province.