Is Huaxia Fund a state-owned enterprise or a central enterprise?

Huaxia Fund is neither a state-owned enterprise nor a central enterprise. According to official website information of the State Administration for Industry and Commerce, Huaxia Fund is an organization invested by individual capital and engaged in production and business activities according to law. It does not belong to state-owned enterprises, nor to central enterprises, but to private enterprises. Huaxia Fund Management Co., Ltd. was established on April 9, 1998, with its headquarters in Beijing. It is one of the national fund management companies approved by China Securities Regulatory Commission. Its service scope covers fund raising, fund sales, asset management and other fields, including the management of entrusted investment portfolios of national social security funds such as stocks and bonds. It is a fund management company with the largest number and the most complete variety of funds managed in China. In addition, Huaxia Fund has also carried out overseas securities investment management business.