Is Lijin Group a state-owned enterprise or a private enterprise?

Private enterprises. State-owned enterprises hold more than 50% absolute control rights, which can also be called state-owned enterprises. Private enterprises are profit-making economic organizations invested or controlled by natural persons and based on wage labor. Lijin Group is Lijin Technology Group Co., Ltd., an exempted company incorporated in Cayman Islands on August 18, 2004. Its shares were listed on the Stock Exchange of Hong Kong Limited (the "Stock Exchange") on August 65438, 2006, and its registered address is 8th Floor, Meihua Industrial Building, Huaxing Street 1-7, Kwai Chung, New Territories, Hong Kong. The largest shareholder of the company is GirgioIndustriesLimited, accounting for 665,438+0.69% of the shares. It has no state-owned shares and belongs to a private enterprise.