Is Nanchang Financial Holding Co., Ltd. a state-owned enterprise?

Nanchang Financial Holdings Limited is a state-owned enterprise. Nanchang Financial Holding Co., Ltd. is a wholly-owned subsidiary of Nanchang Industrial Investment Group Co., Ltd., which was established on July 3, 20 18. It is a state-owned enterprise. The basic feature of state-owned enterprises is that they are engaged in production and business activities, established according to law, and their rights and obligations are confirmed by law.