Is Shaanxi Nonferrous Metals Group a state-owned enterprise?

Yes State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies in which the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively, and the state holding ratio exceeds 50%. Shaanxi Nonferrous Metals Group holds more than 50% of the state shares, so Shaanxi Nonferrous Metals Group is a state-owned enterprise.

The business scope of Shaanxi Nonferrous Metals Group: the operation and management of state-owned capital (property rights, equity, income); Project financing, investment and operation of nonferrous metals and related industries.