Is Hangmin Delta Printing and Dyeing Factory a State-owned enterprise?

No, upon inquiry, Hangzhou Hangmin Delta Dyeing and Finishing Co., Ltd. is a holding subsidiary of Zhejiang Hangmin Co., Ltd., which was established in June of 199 1, and is a Sino-foreign joint venture, formerly known as Xiaoshan Yarn-dyed Finishing Factory. At present, the total assets are 420 million yuan, and there are more than 2,800 employees, covering an area of/kloc-0.5 million square meters. The enterprise passed the ISO 14000 environmental management system certification and was rated as one of the top ten foreign-funded cooperative enterprises in Xiaoshan District during the Eleventh Five-Year Plan period.