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Why is Chun Zhu Blue Diamond not a state-owned enterprise?
It belongs to a private enterprise. A wholly state-owned company refers to a limited liability company that is solely funded by the state and authorized by the State Council or the local people's government to perform the responsibilities of the investor. Chun Zhu Blue Diamond is the brand of Guizhou Chun Zhu Liquor Co., Ltd., which was established in March 2003 1993, and its address is No.40/KLOC-0, Nanchang Road, Nanming District, Guiyang City, Guizhou Province, with its legal representative.
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