Is Fuding Weimin Aquatic Products a State-owned Enterprise?

Yes According to public information, Fuding Weimin Aquatic Products is a state-owned enterprise with commercial objectives, and the government can effectively control it directly or indirectly. Fujian Weimin Aquatic Products Industry Co., Ltd. (hereinafter referred to as Wei Min Aquatic Products) was established in March 1992 with a total investment of 50 million yuan, mainly engaged in the cultivation, breeding, processing and trade of marine economic fish (mainly perch). After 16 years' development, Weimin Aquatic Products has become the leading enterprise of aquatic products industrialization in Fujian Province. In 2007, the company's mariculture base reached 108 hectares, with more than 2,000 cages.