Is Huada Semiconductor Co., Ltd. a state-owned enterprise?

Huada Semiconductor Co., Ltd. is a state-owned enterprise. Huada Semiconductor Co., Ltd. (referred to as Huada Semiconductor for short) is a professional sub-group formed by China Electronics and Information Industry Group Co., Ltd. (CEC) integrating its integrated circuit enterprises. China Electronics Co., Ltd. (China Electronics for short) is a super-large state-owned group company directly managed by the central government and the largest state-owned IT central enterprise in China. Therefore, Huada Semiconductor is also a state-owned enterprise.