Is Xinao Gas a state-owned enterprise?

No, private enterprises refer to enterprises controlled by private investment, while state-owned enterprises refer to enterprises managed by the government. Xinao Gas generally refers to Xinao Energy Holdings Limited. Xinao Energy Holding Co., Ltd. is the flagship industry of Xinao Group, a large clean energy distributor in China. It is a private holding enterprise, so it belongs to a private enterprise rather than a state-owned enterprise.