Why did Zhongnong Futong become a private company?

It is a state-owned enterprise. Beijing Zhongnong Futong Horticulture Co., Ltd. (referred to as "Zhongnong Futong") is an agricultural high-tech service enterprise relying on experts and technologies from scientific research institutions such as China Agricultural University, Chinese Academy of Agricultural Sciences, Beijing Academy of Agricultural and Forestry Sciences, and Beijing Agricultural College. As of September 1, 2022, Zhongnong Futong is still a state-owned capital holding company, so it is still a state-owned enterprise, not a private enterprise. Zhongnong Futong is a national high-tech enterprise and a key leading enterprise in Beijing's agricultural industrialization.