Is Xianhe Industry and Trade in Shengli Oilfield a state-owned enterprise?

Yes Shengli Oilfield Xianhe Industry and Trade is a state-owned enterprise. Yili Oilfield Xianhe Industry & Trade Co., Ltd. is a wholly state-owned enterprise that the State Council and the local people's government perform the responsibilities of investors on behalf of the country respectively. Founded on April 9, 1998. The company's business scope includes mechanical repair, industrial pump and tubing repair; Production, sales and maintenance of sucker rods; Processing and repair of composite tubing: petroleum equipment, accessories, labor insurance supplies, chemical products.