Is Hangmao Company, a subsidiary of Wenchang International Space City, a public institution?

Non-public institutions refer to social service organizations organized by state organs or other organizations using state-owned assets to engage in education, science and technology, culture, health and other activities for the purpose of social welfare. Wenchang International Space City is led by the Hainan provincial government, and was not established for the purpose of social welfare, so it is not a public institution, so the aviation trading company under Wenchang International Space City is not a public institution.

Wenchang International Space City, located in Wenchang City, Hainan Province, is the first coastal launch base in China, and one of the leading development demonstration zones of integration of defense and civilian technologies Space City and key parks of Hainan Free Trade Port.