Is Xinjiang Energy Group Qianquan Industrial Co., Ltd. a state-owned enterprise?

Yes Xinjiang Energy Group Qianquan Industrial Co., Ltd. is a holding subsidiary of Xinjiang Energy Group, a state-owned enterprise in the autonomous region, in Tacheng. It is planned to invest 654.38+0.23 billion yuan to build a cross-border digital energy trading center, an export base for new energy and mining machinery and equipment (vehicles), and the "Belt and Road" Tacheng Energy Industrial Park.