Is Haixuan Culture Group a state-owned enterprise?

No.1 Haixuan Culture Group, founded in 1997, is a comprehensive enterprise group led by cultural industry. Its business scope involves film and television, advertising, performing arts, art collection, finance, real estate and other fields. In terms of enterprise nature, Haixuan Culture Group belongs to private enterprises, not state-owned enterprises. Its shareholders are mainly private capital and institutional investors. As a fast-growing enterprise, Haixuan Culture Group plays an important role in the development of cultural industry.