Is Huatai Baoxing Fund Company a state-owned enterprise?

No Huatai Baoxing Fund Management Co., Ltd. was established on July 26th, 20th16th, and is a fund management company approved by China Securities Regulatory Commission. Huatai Baoxing Fund Management Co., Ltd. is a joint-stock company with many state-owned enterprises and foreign enterprises. Huatai Insurance is a major shareholder with a shareholding ratio of 85%, which is not a state-owned enterprise.