Is Baosteel Desheng Stainless Steel Co., Ltd. a state-owned enterprise?

Yes According to the inquiry, Baosteel Desheng Stainless Steel Co., Ltd. is a state-owned enterprise. Baosteel Desheng Stainless Steel Co., Ltd. belongs to Baosteel Group Co., Ltd. and is a state-owned super-large steel enterprise. State-owned enterprises refer to enterprises funded or controlled by the state, also known as state-owned enterprises. In many countries, state-owned enterprises are an important part of the national economy. State-owned enterprises are different in nature, scale and management, and they are important forces of the national economy, which have an important impact on the development and stability of the national economy.