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Is Zhao Jin Nonferrous Mining Co., Ltd. a state-owned enterprise?

The enterprise is a state-owned enterprise.

Zhao Jin Nonferrous Mining Co., Ltd. is a wholly-owned subsidiary of Shandong Zhao Jin Group Co., Ltd., a top 500 enterprise in China. The company is a comprehensive enterprise specializing in the development of non-ferrous metal mining. Its main business is the exploration, mining and smelting of nonferrous metal mineral resources such as iron, silver, copper, lead, zinc, vanadium and molybdenum, with a registered capital of 6,543.80+0.2 billion yuan.

This means that the company is completely owned by Shandong Zhao Jin Group Co., Ltd., which is a state-owned enterprise, so Zhao Jin Nonferrous Mining Co., Ltd. is also regarded as a state-owned enterprise. This ownership structure ensures the state's control over the company and may affect its business decision and strategic direction.