Is Oriental Wealth a State-owned Enterprise or a Private Enterprise?

Wealth is not a state-owned enterprise, but a private enterprise.

Oriental Fortune is a non-public economic organization and a listed company initiated by three companies in August 2005. The company consists of national regulatory agencies and national limited liability companies, including China Nanhai Investment Holding Co., Ltd., China Offshore Oil Corporation and china galaxy Group Co., Ltd., of which the former two hold 75% of the shares of Oriental Fortune, and Galaxy Group holds 25% of the shares.