Why is Haina Wanshang not a state-owned enterprise?

Never. Haina Wanshang refers to Haina Wanshang Property Management Co., Ltd., which was established on June 26, 2009. It is a private enterprise built by the private economy, and it was not a state-owned enterprise from the beginning of its establishment. 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 country respectively, including enterprises at the same level and their investments gradually formed under the supervision of central and local state-owned assets supervision and administration institutions and other departments.