Is Jinan Water Law Group Co., Ltd. a state-owned enterprise?

According to Tianyancha official website, Shuifa Group was established with the approval of Shandong provincial government in 2009. Is a first-class state-owned enterprise in Shandong Province, headquartered in Jinan. Since its establishment, Shuifa Group has developed by leaps and bounds, relying on government resources, giving full play to the advantages of state-owned enterprises, using market means, insisting on independent operation and self-development, and has grown from a traditional water company to a large group with assets exceeding 100 billion.

Shuifa Group was originally a platform company under the Water Resources Department of Shandong Province. With the approval of the provincial government in 2009, it was placed under the unified supervision of the provincial SASAC on 20 17. Is a first-class state-owned enterprise in Shandong Province, headquartered in Jinan.