Is Shenzhen Zhenhua Microelectronics a State-owned Enterprise?

Yes State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the country respectively, including enterprises at the same level and enterprises formed by investment step by step under the supervision of central and local state-owned assets supervision and administration institutions and other departments. Shenzhen Zhenhua Microelectronics Co., Ltd. is a state-owned enterprise controlled by China Zhenhua (Group) Technology Co., Ltd., a listed company of China Zhenhua Electronics Group Co., Ltd., and belongs to the central enterprise China Electronics and Information Industry Group Co., Ltd. So Shenzhen Zhenhua Microelectronics is a state-owned enterprise.