Is Weifang Special Steel Group Co., Ltd. a state-owned enterprise?

Weifang Special Steel Group Co., Ltd. is not a state-owned enterprise. According to relevant public information, Mr. Li Shuqiang, founder of Weifang Special Steel Group Co., Ltd., was founded in 2003 and is a private enterprise with a registered capital of 600,000 yuan. He is a member of China Iron and Steel Industry Association and China Minmetals Chamber of Commerce, and is one of the 500 large enterprise groups in China.