Has Shi Hang Group been formally established?

According to staff inquiries, Hangzhou Industrial Investment Group Co., Ltd. (hereinafter referred to as Shi Hang Group) is a large state-owned investment group directly under the Hangzhou Municipal Government, with a registered capital of 6 million yuan, 54 holding and shareholding enterprises and nearly 30,000 employees. The main business of Shi Hang Group includes industrial investment, capital operation, industrial park construction and international trade. Shi Hang Group conducts campus recruitment every year, and the recruitment positions involve finance, investment, legal affairs, human resources and other fields. The formal establishment of Shi Hang Group is the number and structure of its regular employees, so it is necessary to become a regular employee of Shi Hang Group.