Is Xinjiang Antuo Group a state-owned enterprise?

No, when the state-owned shares reach more than 50%, the enterprise is usually called a state-owned enterprise. According to Aiqi's investigation, the largest shareholder, actual controller and ultimate beneficiary of Xinjiang Antuo Group is Wang Jinbiao, with 99.99% of the shares held by Wang Jinbiao, 0.005% owned by the people and 0.005% by Zhang Jiali. The company has no government equity participation, equity participation or holding, so Xinjiang Antuo Group is not a state-owned enterprise. It was registered in the Market Supervision Administration of Urumqi High-tech Industrial Development Zone (New Town) on September 19, 2007, and its address is D, 27th floor, Building No.5, Beijing South Road, Urumqi High-tech Development Zone (New Town), Xinjiang. Mainly engaged in business scope, including import and export of goods and technology, business information consultation, family service, water conservancy earthwork, etc.