Is Jinzhou Port Co., Ltd. a private advantage company?

Jinzhou Port Co., Ltd. (hereinafter referred to as the Company or the Company) is a joint stock limited company approved by Liaoning Economic System Reform Committee 199293 and established by Jinzhou Port Administration, China Petrochemical Daqing Petrochemical Complex and China Petroleum Jinzhou Petrochemical Company with net assets or cash. 1On April 20th, 1995, China Petrochemical Anniversary Petrochemical General Factory changed its business strategy due to the change of national petroleum industry policy and transferred all its shares to Dongfang Group Co., Ltd..