Is Beijing Yeung Yi International Trading Co., Ltd. a state-owned enterprise?

Yes, China Cold Chain Industry Investment Group, registered in Cayman Islands, is a wholly-owned subsidiary of Beijing Holding Group, with the background of state-owned enterprises and its headquarters in Beijing, while Beijing Yeung Yi International Trade Co., Ltd. is a subsidiary of China Cold Chain Industry Investment Group, registered in Beijing, mainly engaged in imported frozen products trade and domestic trade, so it is also a state-owned enterprise.