Is Zhongji Trading (Zhejiang) Co., Ltd. a state-owned enterprise?

Zhongji Trading (Zhejiang) Co., Ltd. is not a state-owned enterprise. Zhongji Trading (Zhejiang) Co., Ltd. is a joint venture invested by Ningbo Trading Group Co., Ltd. and Zhongji Ningbo Group Co., Ltd., so it is not a state-owned enterprise. State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively.