Is Valin Iron and Steel a private enterprise?

No, it is a state-owned enterprise. Hunan Hualing Iron and Steel Group Co., Ltd. (hereinafter referred to as Hualing Group) is a large enterprise group jointly established by Hunan's three major iron and steel enterprises-Xianggang, Lian Gang and Henggang at the end of 1997. As a provincial state-owned enterprise, it is authorized by the provincial SASAC. The group has more than ten subsidiaries directly or indirectly controlled by Xiangtan Iron and Steel Group Co., Ltd., Lianyuan Iron and Steel Group Co., Ltd., Hunan Hengyang Steel Pipe (Group) Co., Ltd., Hunan Valin Iron and Steel Co., Ltd., Jiangsu Xigang Group Co., Ltd., Hunan Valin Finance Co., Ltd. and Hunan Valin Information Co., Ltd. ..