Is Zibo Junchen New Material Technology Co., Ltd. a state-owned enterprise?

Zibo Junchen New Material Technology Co., Ltd. is a state-owned enterprise. Zibo Junchen New Material Technology Co., Ltd., a state-owned holding company, is located in Qilu Chemical Industrial Zone, Linzi, with a registered capital of 654.38 billion yuan and more than 800 employees, covering an area of more than 700 mu. The company is mainly engaged in the production of dangerous chemicals, chemical management, research and development of new materials and technologies, sales of petroleum products, sales of chemical products, import and export of goods, etc.