Is Qingdao Weiao Track Co., Ltd. a state-owned enterprise?

No Qingdao Weiao Track Co., Ltd. (hereinafter referred to as Weiao shares), formerly known as Qingdao Weiao Track Decoration Material Manufacturing Co., Ltd., was established in 2007. It is a private enterprise, not a state-owned enterprise. Qingdao, also known as Island City, Qingdao and Jiaoao, is a prefecture-level city, a sub-provincial city, a city with separate plans and a megacity under the jurisdiction of Shandong Province, China.