Is CSG a state-owned enterprise or a private enterprise?

Private enterprises. State-owned enterprises refer to enterprises that account for more than 5 1% of state-owned enterprises, while private enterprises refer to profit-making economic organizations established by natural persons or controlled by natural persons and based on paid labor. CSG is a Sino-foreign joint venture jointly funded by Hongkong China Merchants Shipping Co., Ltd., Shenzhen Building Materials Industry Group Corporation, China North Industries Shenzhen Corporation and Guangdong International Trust and Investment Corporation, and belongs to a private enterprise.