Is Yihai Kerry a state-owned enterprise or a foreign enterprise?

This enterprise belongs to a Sino-foreign joint venture.

Yihai Kerry is a Sino-foreign joint venture, because it is jointly invested and built by Fengyi Yihai China Holdings Pte Ltd., Yueyang Chenglingji Port Co., Ltd. and Yueyang Xinyuan Grain and Oil Industry Co., Ltd. Yihai Kerry is one of the largest agricultural products and food processing enterprises in China. Founded in 199 1, it was founded by the famous patriotic overseas Chinese Mr. Guo Henian and his nephew Mr. Guo Kongfeng. Headquartered in Arowana Mansion, Bocheng Road 1379, Pudong New Area, China, the company is mainly engaged in oil seed pressing, edible oil refining, special oil and grease technology, corn deep processing, wheat deep processing, soybean deep processing, rice circular economy, food raw materials, grain and oil technology research and development, etc.