Is Jiangsu Huachang Chemical Industry a State-owned enterprise?

Jiangsu Huachang Chemical Co., Ltd. (hereinafter referred to as "Jiangsu Huachang Chemical") is a chemical enterprise in China, headquartered in Zhangjiagang City, Jiangsu Province. The main business scope of Huachang Chemical includes the production and sales of fertilizers, chemical raw materials and fine chemical products.

Regarding whether Jiangsu Huachang Chemical Industry is a state-owned enterprise, after inquiring relevant information, Jiangsu Huachang Chemical Industry is a joint-stock enterprise, not a state-owned enterprise. Its shares are mainly composed of various investors, including institutional investors and individual investors. Although it is not a state-owned enterprise, it plays an important role in China's chemical industry and contributes to its development.