Is Pengxin Resources a state-owned enterprise?

Pengxin Resources is not a state-owned enterprise. Pengxin Resources was listed on the backdoor in 2009, formerly known as Shanghai Zhongke Hechen Co., Ltd., and its main business is the mining, processing and sales of metals such as copper, gold and cobalt. In addition, the company's business scope also includes trade, finance, new materials and new energy.