Is Beijing Jieshi Media a state-owned enterprise?

No. There are two kinds of state-owned enterprises, one is pure state-owned enterprises, that is, 100% of the state shares are in the hands of the state. One is a state-owned holding enterprise, with a certain proportion of state equity. The full name of Beijing Shang Jie Media is Beijing Shang Jie Media Investment Management Co., Ltd., and the holding companies are Beijing Shang Jie Culture Development Co., Ltd. and Beijing Shang Jie International Exhibition Co., Ltd., which are not state-owned enterprises.