Is Fenghua a state-owned enterprise?

No. Fenghua Co., Ltd. is the abbreviation of Shanghai Fenghua (Group) Co., Ltd., which was established in May 1992 and listed on the Shanghai Stock Exchange on September 10 of the same year. The company, formerly known as Shanghai Fenghua ballpoint pen Co., Ltd., is a non-state-owned enterprise. State-owned enterprises refer to "state-owned enterprises". State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively.