Is Shenzhen Fuan Holding Co., Ltd. a state-owned enterprise?

Yes Shenzhen Fuan Holdings Co., Ltd. was established on April 4, 2002, located in Luohu District, Shenzhen. Shenzhen Fuan Holdings Co., Ltd. is a wholly state-owned company established by Shenzhen Longgang Investment Management Co., Ltd., and its business scope includes investment in various industries (specific projects shall be declared separately), domestic commerce, material supply and marketing, etc.