Is Yong 'an Property Insurance Co., Ltd. a state-owned enterprise?

It is a state-owned enterprise. State-owned enterprises mean that the state holds more than 5 1%, while Yongan Property Insurance Co., Ltd. holds more than 5 1%, reaching 100%. All the capital of Yongan Insurance Company is invested by the state and owned by state-owned enterprises. It is an organization established according to law to engage in production and business activities. Therefore, Yongan Property Insurance Co., Ltd. is a state-owned enterprise.