Is Semaco advanced materials co., ltd a state-owned enterprise?

Yes Sinosteel New Materials (Zhejiang) Co., Ltd. is a state-owned subsidiary directly under China sinosteel Corporation (a central enterprise located in Beijing directly under the State-owned Assets Supervision and Administration Commission and a Fortune 500 enterprise). Founded in June 2007, its predecessor was Shanghai Carbon Factory, which was established in June 2007. China is the largest, highest quality and most complete professional manufacturer of large-scale special graphite.