Guizhou Bijie Water Co., Ltd. is a modern water supply enterprise reformed from Bijie Water Supply Corporation, which belongs to state-owned enterprises. According to the Law of People's Republic of China (PRC) on State-owned Enterprises, a state-owned enterprise refers to an enterprise funded or authorized by the state, in which state-owned assets occupy the control of the enterprise and manage its business activities. Guizhou Bijie Water Co., Ltd. clearly defined the identity of "state-owned enterprise" in the company name, and Bijie Water Supply Corporation before the restructuring was also funded by the government. Therefore, Guizhou Bijie Water Co., Ltd. is a state-owned enterprise.