Is Shaanxi Hu Hua Group a state-owned enterprise?

No. According to Aiqi's investigation, Shanxi Hu Hua Group Co., Ltd. is an organization invested by individual capital and engaged in production and business activities according to law, and does not belong to state-owned enterprises. Shanxi Hu Hua Group Co., Ltd. (formerly known as Shanxi Huguan Chemical Group Co., Ltd.), established in 1994, is located in Changzhi City, Shanxi Province, and is an enterprise mainly engaged in manufacturing chemical raw materials and chemical products.