Is Pingyuan Fertilizer Plant a state-owned enterprise?

Yes According to the information of official website of the State Administration for Industry and Commerce, the company's capital is all funded by the state and owned by state-owned enterprises. It is a legally established organization engaged in production and business activities and belongs to state-owned enterprises. Pingyuan Chemical Fertilizer Plant has grown from a few hundred people to more than 4,000 people, with more than one billion fixed assets and an annual output value of over 100 million. It is the largest state-owned enterprise and taxpayer in Yuanping County from 709 to 0.