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Is Rizhao Guofeng Yuanda a State-owned Enterprise?

Rizhao Guofeng Yuanda is not a state-owned enterprise. According to relevant data, Rizhao Guofeng Yuanda Residential Industry Co., Ltd. is jointly invested and established by Rizhao Jincai Investment Group Co., Ltd. and Changsha Yuanda Residential Industry Group Co., Ltd., which is mainly engaged in the design of prefabricated concrete buildings and the production of prefabricated concrete components. It is one of the important prefabricated building bases in Shandong Province.