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Is the wholly-owned subsidiary of Jinan Licheng Holding Group Co., Ltd. a state-owned enterprise?

It is a state-owned enterprise. Jinan Licheng Holding Group Co., Ltd. is a wholly state-owned company approved by the Licheng District People's Government of Jinan City. It was established in August 20 18 with a registered capital of 65,438 billion yuan.

Formerly known as Jinan Licheng State-owned Assets Operation Co., Ltd., the Group mainly undertakes the functions of state-owned assets operation and management, government project investment and financing, foreign investment and financing, land consolidation and development, infrastructure construction and supporting services within the scope authorized by Licheng District Government. eye