Is Guangxi Forestry Group a state-owned enterprise?

Yes According to official website, Guangxi, Guangxi Forestry Group is a state-owned enterprise. Guangxi Forestry Group was established on June 6, 2008 with the approval of the Party committee and government of the autonomous region. It is a large state-owned enterprise directly under the people's government of the autonomous region and a national key forestry enterprise with a registered capital of 860 million yuan.