Is Zhengzhou Fiona Fang Group a state-owned enterprise?

No. 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 state respectively. Zhengzhou Fiona Fang Group was established in May 1994, led by laid-off women workers. 16 Laid-off workers worked hard and developed from a humble cleaning and housekeeping company into property management, housekeeping service, overhead cleaning, labor dispatch, labor outsourcing and maternal and child care.