Why are the companies of Shenzhen Hai Shun and China Merchants not state-owned enterprises?

It is a state-owned enterprise. The companies of Shenzhen Hai Shun and China Merchants are state-owned enterprises. The full name of Shenzhen Hai Shun is Shenzhen Hai Shun Maritime Service Co., Ltd., which was incorporated in Shenzhen Qianhai Bonded Zone on March 27th, 20 14 with a registered capital of RMB 6 million. Shenzhen, referred to as Pengcheng for short, is a sub-provincial city, a city under separate state planning, a megacity in Guangdong Province, a China Special Economic Zone approved by the State Council, a national economic center city and an international city.