Is Laibin Dong Tang Phoenix Co., Ltd. a state-owned enterprise?

Yes Dongtang Fenghuang Sugar Industry is a state-owned holding enterprise and a subsidiary of China Sugar Industry Co., Ltd. China Sugar Industry Co., Ltd. is one of the core enterprises of China State-owned Sugar Industry Group, which is directly managed by the State Council SASAC and belongs to state-owned enterprises. State-owned enterprises are usually controlled by the government or relevant government agencies, or directly supervised and intervened by government departments in important decision-making and management. Dong Tang Phoenix Sugar meets these standards and can be confirmed as a state-owned enterprise.