Is China enterprise Cheng Yi a state-owned enterprise?
State-owned enterprises In 2003, with the approval of the General Administration of Customs, Cheng Yi, a Chinese enterprise, launched a nationwide agency service for overseas students to buy duty-free cars, and specially established Cheng Yi Overseas Students Car Purchase Service Co., Ltd., a state-owned enterprise with branches in Beijing, Shanghai, Guangzhou, Shenzhen, Nanjing, Tianjin, Chongqing, Chengdu, Fuzhou, Xiamen, Wuhan, Zhengzhou, Xi and Xiamen.