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Is Weining Fumin Village Bank a state-owned enterprise?

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1. According to the Governance Criteria of Listed Companies and the Law of Limited by Share Ltd issued by China Securities Regulatory Commission, Fumin Rural Bank is a private enterprise, not a state-owned enterprise. State-owned enterprises refer to state-invested enterprises or state-controlled enterprises, and Fumin Village Bank is the first private bank established by CBRC, so Weining Fumin Village Bank is not a state-owned enterprise, but a private enterprise.

2. Weining Fumin Rural Bank Co., Ltd. was established in March of 0 13. The legal representative is Cheng Changchun. The business scope of the company includes: if it is prohibited by laws, regulations and the State Council's decision, it shall not operate; Where laws, regulations and the State Council decisions require permission (approval), it shall operate with the permission (approval) document after approval by the examination and approval authority; Where there are no provisions in laws, regulations and the State Council decisions, the market entities shall operate independently.