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Is Shitoumei No.1 open pit mine of Santanghu Company of Xinjiang Energy Group a state-owned enterprise?

Yes Shitoumei No.1 open pit mine of Santanghu Company of Xinjiang Energy Group is a subsidiary of Xinjiang Energy Group, a large and medium-sized state-owned backbone enterprise in the autonomous region. Its funds are allocated by the national government and belong to state-owned enterprises. State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the country respectively, including enterprises at the same level and their investments gradually formed under the supervision of central and local state-owned assets supervision and administration institutions and other departments.