Is SDIC Venture Capital Management Co., Ltd. a state-owned enterprise?

It is 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. SDIC Venture Capital Management Co., Ltd. is jointly owned by China SDIC High-tech Industry Investment Co., Ltd., Shanghai Zhanxin Investment Management Co., Ltd. and National Development and Investment Group Co., Ltd., and is controlled by important state-owned backbone enterprises directly managed by the central government. Therefore, SDIC Venture Capital Management Co., Ltd. is a state-owned enterprise.