Is Hunan Zhongxiang Guo Xin a state-owned enterprise?

Yes State-owned enterprises refer to enterprises whose capital is owned or controlled by the state. Hunan Zhongxiang Guo Xin Business Consulting Co., Ltd. belongs to CITIC Group, which is a state-owned enterprise directly managed by the State Council, mainly involved in financial and industrial services. Therefore, subsidiaries of CITIC Group, such as Hunan Zhongxiang Guo Xin Business Consulting Co., Ltd., are also regarded as state-owned enterprises.