Is it possible for Zhenhai Refining and Chemical Xinhecheng Biotechnology Co., Ltd. to become a state-owned enterprise?

No, according to the inquiry of Xinhecheng official website, Ningbo Zhenhai Refining and Chemical Xinhecheng Biotechnology Co., Ltd. was established by China Petrochemical Co., Ltd. and Zhejiang Xinhecheng Co., Ltd. with a share ratio of 50: 50, adhering to the concept of mutual benefit, * * win-win and * * common development, aiming to build the first liquid methionine device with completely independent intellectual property rights in China and the largest single unit in the world. So is it possible for Zhenhai Refining and Chemical Xinhecheng Biotechnology Co., Ltd. to become a state-owned enterprise? Zhenhai Refinery and Xinhecheng are cross-border cooperation between state-owned enterprises and private enterprises, and also deep cooperation between refining and chemical enterprises and functional chemicals enterprises. The two sides will complement each other in management, system, industrial chain and other aspects to achieve win-win cooperation, so that 1+ 1 is greater than 2, and make Zhenxin Biological Company and Liquid Egg Project a demonstration benchmark for "cooperation between central enterprises".