Is Huaxia Jinglong Group a state-owned enterprise?

Hebei Jinglong Group is a joint-stock enterprise operating under the modern enterprise system, not a state-owned enterprise. Huaxia group is not a state-owned enterprise. Huaxia Group is located in Weihai, a world famous residential city with beautiful scenery, and was established in 1985. Bathed in the spring breeze of reform and opening up, in just 20 years, Huaxia Group is not a state-owned enterprise, but a private enterprise. From an industrial enterprise that only produces tower cranes, it has rapidly grown into a modern large-scale enterprise group with multiple industries and fields. The total assets of the Group are 3.8 billion yuan, and the total registered capital is 450 million yuan. In 2009, it realized sales revenue of more than 3 billion yuan and paid taxes of 654.38 billion yuan. The business scope of the enterprise covers tower cranes and pharmaceutical production and sales, skills education, overseas labor services, driver training, hotel services, construction and real estate development, tourism development, consulting management and many other fields, and has set up branches in Japan, Hong Kong, Singapore and other places.