According to Baidu Encyclopedia, Guangxi Huanchuang Human Resources Co., Ltd. is a subsidiary of Guangzhou Huanchuang Human Resources Group in Guangxi. It is not a company under the jurisdiction of the national government or a state-owned enterprise.
State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively.