Is Xinjiang Zhongtai Group a state-owned enterprise?

Xinjiang Zhongtai Group is a state-owned enterprise. Xinjiang Zhongtai (Group) Co., Ltd. is a wholly state-owned limited liability company. Xinjiang Zhongtai (Group) Co., Ltd. was established on July 6, 20 12, and registered in Urumqi Economic and Technological Development Zone, Xinjiang. Its general business projects include investment in chemical industry, modern logistics industry, modern service industry, agricultural and sideline industries and animal husbandry, import and export of goods and technologies, and asset management services. The joint-stock company has seven holding subsidiaries: Xinjiang Huatai Heavy Chemical Industry Co., Ltd., Xinjiang Zhongtai Mining and Metallurgy Co., Ltd., fukang city Boda Coking Co., Ltd., Toksun Zhongtai Chemical Salinization Co., Ltd., Xinjiang Sinochem Import and Export Co., Ltd., Qitai Zhongtai Chemical Mineral Development Co., Ltd. and Xinjiang Zhonglu Mining Co., Ltd.