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Is White Elephant Food State-owned or Private?

This company is privately owned.

According to the enterprise survey, from the perspective of its ownership structure and business nature, Baixiang Food is not a state-owned enterprise, but a private enterprise. State-owned enterprises are enterprises funded by the state (including the central government and local governments), and their ownership belongs to the state.

The ownership of white elephant food does not belong to the state, but is held by private individuals or private groups, which does not meet the definition of state-owned enterprises. The business activities of White Elephant Food are based on market demand and business objectives, not the instructions of the state or the government.