Is Hunan Sinoma Investment Energy Development Co., Ltd. a state-owned enterprise?

Yes Hunan Xiangtou Holding Group Co., Ltd. (hereinafter referred to as Xiangtou Group) is a large state-owned backbone enterprise in Hunan Province, formerly known as the provincial economic construction investment company. /kloc-0 was established with the approval of the provincial government in August, 1992. State-owned enterprises are state-funded enterprises in a big concept. According to the Law of People's Republic of China (PRC) on State-owned Assets of Enterprises, the classification includes: wholly state-owned enterprises, wholly state-owned companies, state-owned capital holding companies and state-owned shareholding companies. Most people in the workplace, especially those who have just graduated, have more concepts about state-owned enterprises from their elders at home. In the mouth of elders, state-owned enterprises are synonymous with "iron rice bowl" outside institutions. As for what is a state-owned enterprise, there is only a broad concept.