Is Shangrao Commercial Investment Group a state-owned enterprise?

Yes Shangrao Investment Holding Group Co., Ltd., Fenghuang Middle Avenue, Xinzhou District, Shangrao City, Jiangxi Province, found that the condition of state-owned enterprises is that the government participates in enterprise management activities, and the board members are appointed by the government. The company is a wholly state-owned enterprise approved by the municipal government, and the board members are appointed by the government, which meets the standards of state-owned enterprises. Business scope includes industrial investment, new technology and new energy.