Is Hangzhou Yuxi Industrial (Zhejiang) Co., Ltd. a state-owned enterprise?

No, its Hangzhou-funded Yuxi Industrial (Zhejiang) Co., Ltd. is not a state-owned enterprise, because it is not a level enterprise, but invested step by step under the supervision of the central and local state-owned assets supervision and administration institutions and other departments. Hangzhou Yuxi Industrial (Zhejiang) Co., Ltd. was established on March 5, 2020.