Is CIC Xinlian (Shenzhen) Asset Management Co., Ltd. a state-owned enterprise?

Yes CIC Xinlian (Shenzhen) Asset Management Co., Ltd. was established on March 29th, 2006. Its registered place is Baolong Road, Nanyue Community, long gang zhen, Longgang District, Shenzhen. It is a state-owned enterprise, and the state and government can effectively control it directly or indirectly. Shenzhen, commonly known as "Shenzhen" or "Pengcheng" for short, is one of the special economic zones of the People's Republic of China.