Is Poly a state-owned enterprise?

Poly Group is a state-owned enterprise and a central enterprise. The predecessor of China Poly Group Company is Poly Technology Co., Ltd., which was established in February 1993. Now it has formed a "five-wheel drive" development pattern with military and civilian goods trade, real estate development, cultural and artistic management, mineral resources investment and development, and civil explosive technology as its main industries.

The specific business scope of the company includes: state-owned equity management; Industrial investment, capital operation and asset management; Entrusted management; Organize, coordinate and manage the production and business activities of the enterprises affiliated to the Group; To undertake Sino-foreign joint ventures and cooperative production; Import and export business; Conference services; Undertaking exhibition activities; Investment, consulting, technical services and information services related to the above businesses.