Is Sannai Industry a state-owned enterprise?

No, Sannai Industry was developed from the former Sanmenxia fused corundum factory, and it is a professional enterprise designated by the former Ministry of Metallurgy to produce dense corundum. In 2005, it was transformed from a state-owned enterprise into a private enterprise. The company's business scope includes: R&D, production and sales of refractory materials; Manufacturing and wholesale of nonmetallic mineral products.