Is UFIDA Network Technology Co., Ltd. a state-owned enterprise?

No. According to the announcement issued by UFIDA, UFIDA is not a state-owned enterprise, but a private enterprise. UFIDA Network Technology Co., Ltd. is an Asia-Pacific local management software, ERP software, group management software, human resource management software, customer relationship management software, small business management software, financial and administrative agency management software, automobile industry management software, tobacco industry management software, internal audit software and service provider, and also a leading provider of enterprise cloud services, medical and health informatization, management consulting and management informatization talents in China.