Is BenQ Real Estate Development Co., Ltd. a state-owned enterprise?

Shanxi BenQ Real Estate Development Co., Ltd. (hereinafter referred to as "BenQ Company") was established on June 25th, 20001year. It is a subsidiary of Shanxi Park Construction and Development Group Co., Ltd., the holding subsidiary of Shanxi Province Construction Investment Group Co., Ltd., the largest comprehensive state-owned investment and construction group company in Shanxi Province. This company is a state-owned enterprise.

BenQ Company is headquartered in Jincheng City, Shanxi Province, with a registered capital of 200 million yuan, and has the national first-class real estate development qualification. The company is mainly engaged in real estate development. It owns Shanxi BenQ Property Management Co., Ltd., Hainan Platinum Coast Real Estate Co., Ltd., Beijing Tong Ming Real Estate Development Co., Ltd., Xinzhou Zexiu Real Estate Development Co., Ltd., Yangcheng Hengyuan Real Estate Development Co., Ltd., Changzhi Zhan Ming Real Estate Development Co., Ltd., Lucheng BenQ Real Estate Development Co., Ltd., yongji city Mingrui Real Estate Development Co., Ltd., Shanxi Mingrui Real Estate Development Co., Ltd., Jincheng Hengruiju Real Estate Development Co., Ltd. and Jincheng BenQ.