Is Hua Fu Securities a state-owned enterprise?

According to (Aiqicha), Hua Fu Securities, formerly known as Fujian Hua Fu Securities Company, was established on August 1988 and was one of the first securities companies in China. In April 2003, with the approval of China Securities Regulatory Commission, the company increased its capital and changed its name to Guangfa Hua Fu Securities Co., Ltd., and in July of 20 1 1, it was renamed as Hua Fu Securities Co., Ltd., a state-owned financial institution in Fujian Province. The company has formed business outlets all over the country. Up to now, it has 49 branches, 176 securities business departments and 3 wholly-owned subsidiaries in China, namely Xingyin Growth Capital Management Co., Ltd., Xingyin Investment Co., Ltd., Huafu International (Hong Kong) Financial Holdings Co., Ltd. and Holding Xingyin Fund Management Co., Ltd..