Is Shenzhen Metro Group a state-owned enterprise?

Yes According to the accounting school network, Shenzhen Metro Group is a municipal-level state-owned enterprise in Shenzhen, which is composed of Shenzhen Metro Co., Ltd., Shenzhen Metro Materials Co., Ltd. and Shenzhen Metro Operation Co., Ltd. Shenzhen Metro Group is subordinate to Shenzhen Transportation Committee and is responsible for the planning, construction, operation, maintenance, material supply and institutional mechanisms of Shenzhen Metro.