Is SMIC Ningbo a state-owned enterprise?

SMIC is a semiconductor manufacturer in Chinese mainland, headquartered in Shanghai. SMIC Ningbo is a branch of SMIC in Ningbo, mainly engaged in the manufacture and research and development of integrated circuit chips. Although SMIC has a government background in Chinese mainland, it is now a listed company and no longer belongs to the traditional state-owned enterprises. SMIC's equity is mainly concentrated in the hands of investors from Taiwan Province Province and the United States, while investors from Chinese mainland also occupy a certain proportion. Therefore, SMIC Ningbo is not a state-owned enterprise, but it has a certain domestic background.