Is Ningwu Huoshaowan Coal Mine a state-owned enterprise?

It is a state-owned enterprise. Ningwu Huoshaowan Coal Mine is Shanxi Ningwu Desheng Coal Industry Co., Ltd., which was established in 198 1. As a member of Xinzhou HSBC Investment Group, it is a state-owned enterprise located in Xinzhou City, Shanxi Province, specializing in wholesale industry. Mainly engaged in mineral resources mining: coal mining, coal sales, coal washing. (Projects subject to approval according to law can only be operated after approval by relevant departments).