Is Jiangsu Guotai Huasheng Industrial Co., Ltd. a state-owned enterprise?

Yes According to the enterprise inquiry, Jiangsu Guotai Huasheng Industrial Co., Ltd. was established in 1988, which is a state-owned holding Jiangsu Guotai International Group and a state-owned enterprise. The business scope of Jiangsu Guotai Huasheng Industrial Co., Ltd. includes textile and garment production (limited to branches), wholesale and retail trade (except as stipulated by the state), import and export business of various commodities and technologies (except those restricted or prohibited by the state), industrial investment, operation and income.