Why is Zhuozhou Lingyun Group not a state-owned enterprise?

This enterprise is not a state-owned enterprise because Zhuozhou Lingyun Group is a wholly-owned company controlled by natural persons.

The full name of Zhuozhou Lingyun Group is Zhuozhou Lingyun Industrial Group Co., Ltd., whose industry is automobile manufacturing, and its jurisdiction is Zhuozhou City, Hebei Province.

Mainly engaged in auto parts and accessories manufacturing, auto parts and accessories sales, new car sales, used car sales, auto parts retail, auto parts wholesale, general goods storage services, loading and unloading and packaging services, self-owned house leasing, non-residential real estate leasing, property management, technical services, technology development, technical consultation, technical exchange, technology transfer and technology promotion.