Is Shanghai Liangyou Group a state-owned enterprise?

Yes According to official website of Shanghai Liangyou Group, this company is one of the subsidiaries of Shanghai Liangyou Group, a large state-owned enterprise in Shanghai, and it is a comprehensive logistics enterprise integrating the functions of wharf, railway, warehousing and container operation. State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the country respectively, including enterprises at the same level and enterprises formed by investment step by step under the supervision of central and local state-owned assets supervision and administration institutions and other departments.