Is Panjin Blonde Technology a State-owned enterprise?

No, according to relevant public information, Panjin Jinfa Technology is a private enterprise, and Jinfa Technology Co., Ltd. was established in 1993, which is a high-tech listed company specializing in the production and sales of R&D and high-performance modified plastics. The registered capital of the company is 2,634.4 million yuan, and there are five subsidiaries: Shanghai Jinfa Technology Development Co., Ltd., Tianjin Jinfa New Materials Co., Ltd., Jiangsu Jinfa New Materials Co., Ltd., Mianyang Changxin New Materials Development Co., Ltd. and Mianyang Oriental Special Engineering Plastics Co., Ltd.