Is Lianyungang Pearl Trading Co., Ltd. Foshan Branch a foreign company?

Lianyungang Pearl Trading Co., Ltd. Foshan Branch is a foreign-funded company. Because Lianyungang Pearl Trading Co., Ltd. Foshan Branch is a Guangdong branch after Danone Group opened trading companies and factories in Lianyungang, China and Jiangsu. Darubi Group was established in Dubai, United Arab Emirates on 1993. Therefore, Lianyungang Pearl Trading Co., Ltd. Foshan Branch is a foreign-funded company.