Is Shanwei Honghaiwan Power Plant a state-owned enterprise?

Yes

Guangdong Honghaiwan Power Generation Co., Ltd. is a shareholding subsidiary of Guangdong Yuedian Group Co., Ltd., which was established on March 30, 2004 with a registered capital of 2.5 billion yuan. At present, the nature of the company's business is state-owned enterprises.

Guangdong Honghaiwan Power Generation Co., Ltd. was established on March 30, 2004. It was established by Guangdong Yuedian Group Co., Ltd., Guangzhou Development Power Investment Co., Ltd., Guangdong Power Development Co., Ltd. and Shanwei Asset Management Company with a registered capital of 2,749.75 million yuan. It is located in Shanwei, an emerging coastal city in the southeast of Guangdong Province. Guangdong Honghaiwan Power Generation Co., Ltd. is mainly built and managed by Guangdong Yuedian Group Co., Ltd.