Shenzhen Shatoujiao Overseas Chinese Co., Ltd. is a state-owned enterprise.

No. State-owned enterprises, namely state-owned enterprises, are 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 other departments supervised by the central and local state-owned assets supervision and administration institutions, and enterprises formed by their investments step by step.