Is Shangluo Golden Shield a state-owned enterprise or a private enterprise?

State-owned enterprises. Shangluo Golden Shield is a state-owned enterprise in Shangluo City, Shaanxi Province. It was established in 2007 and is mainly engaged in coal mining, sales and related services. State-owned enterprises refer to the state having ownership or control over their capital. As a form of production and operation organization, state-owned enterprises have both commercial and public welfare characteristics. Their commercial nature is reflected in the pursuit of value preservation and appreciation of state-owned assets, and their public welfare This is reflected in the fact that state-owned enterprises are usually established to achieve the country's goal of regulating the economy and play a role in coordinating the development of all aspects of the national economy.