Is Dongchang Enterprise Group Co., Ltd. a state-owned enterprise?

Dongchang Enterprise Group Co., Ltd. is not a state-owned enterprise. Dongchang Group is not a state-owned enterprise, but a private enterprise. Dongchang Group is the brand of Shanghai Dongchang Enterprise Group Co., Ltd. ... Shanghai Dongchang Enterprise Group Co., Ltd. (hereinafter referred to as Dongchang Group), established in 1993, focuses on investing in the real economy, and its business scope covers intelligent manufacturing and services, automobile sales and services, financial leasing and services.