Is Hengxin Energy Group a state-owned enterprise?

Yes According to Aiqi's inquiry, Hengxin Energy Group is invested and controlled by Linyi Luo Zhuang Financial Investment Group Co., Ltd. and Linyi SASAC. The enterprise type is a limited liability company (state-owned), and its business scope includes power generation business, power transmission business and power supply (distribution) business; Thermal energy production and supply.