Does Zhongrong Life Insurance have a state-owned background?

Zhongrong Life Insurance has a state-owned background. Zhongrong Life Insurance Company is a well-known large state-owned enterprise in China, enjoying high popularity and reputation. The talents in enterprises are all high-tech talents in the social field. At the same time, the enterprise is backed by abundant funds, so Zhongrong Life Insurance has a state-owned background.