Is Changxing Economic Development Group Co., Ltd. a state-owned enterprise?

Changxing Economic Development Group Co., Ltd. is a state-owned enterprise. The company is a state-owned financial enterprise funded by Changxing County Party Committee and county government, and the group implements enterprise management and market-oriented operation. Business is to operate and manage financial services such as fund investment, financial investment, equity investment, financial leasing and factoring in accordance with the rules of specialization and marketization, so as to promote the healthy and orderly development of county strategic investment and strategic emerging industries.