Is Hengxin Real Estate Development under China Oil and Gas Group a state-owned enterprise?

Hengxin Real Estate Development, a state-owned enterprise, belongs to China Oil and Gas Group Corporation. Hengxin Real Estate Company, which belongs to China Petroleum and Natural Gas Group Corporation, is a well-known large state-owned enterprise in China, enjoying high popularity and reputation. Talents in enterprises are high-tech talents in the social field. At the same time, the enterprise is backed by abundant funds, and the welfare treatment for each employee is extremely generous.