Is Jiangsu Spacecraft Co., Ltd. a state-owned enterprise?

It is a mixed ownership enterprise. Jiangsu Spacecraft Co., Ltd. is a listed company in Chinese mainland and a joint-stock enterprise with state-owned assets as the main investor, which means that the company is not a completely state-owned enterprise, but a mixed-ownership enterprise. Established in 1958, Jiangsu Spacecraft was originally a military enterprise affiliated to China Aerospace Science and Technology Corporation, mainly engaged in scientific research and production in the aerospace field. Under the background of reform and opening-up, Jiangsu Spacecraft began to gradually transform into the civilian sector, and was transformed into a joint-stock enterprise in 1997, and then listed on the Shanghai Stock Exchange in 2000. Although Jiangsu spacecraft has been restructured and listed, its main investor is still a state-owned enterprise, namely China Aerospace Science and Technology Corporation, so it still has some characteristics of a state-owned enterprise.