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Is Riyuexin Semiconductor Suzhou Co., Ltd. a state-owned enterprise?
No. 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 state respectively. Riyuexin Semiconductor Suzhou Co., Ltd. has long provided customers all over the world with the best service and the most advanced technology. It is not a state-funded wholly-owned enterprise, but a private enterprise funded by the people. Therefore, Riyuexin Semiconductor Suzhou Co., Ltd. is not a state-owned enterprise.
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