Is Jiangsu Phoenix Group a state-owned enterprise?

It is a state-owned enterprise. State-owned enterprises refer to wholly state-owned enterprises in which the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively. According to Aiqi's inquiry, Jiangsu Phoenix Group is a limited liability company (wholly state-owned), and there are signs of state shareholding or holding. So Jiangsu Phoenix Group is a state-owned enterprise. Phoenix Publishing Media Group is a Jiangsu People's Publishing House established in Nanjing, 1953. In September of 20001year, Jiangsu Publishing Group was established on the basis of Jiangsu Publishing Corporation, and Phoenix Publishing Media Group was renamed from Jiangsu Publishing Group. Phoenix Publishing Media Group is one of the largest and most powerful cultural industry groups in China, which involves book publishing, book distribution and other businesses.