Is Lu Xin Group a state-owned enterprise or a central enterprise?

The company is a state-owned enterprise.

According to Aiqi's investigation, Lu Xin Group, formerly known as Shandong International Trust and Investment Company, was established in March 1987. It is a non-bank financial institution approved by the People's Bank of China and the Shandong Provincial People's Government, and belongs to the nature of state-owned enterprises. In July, 20001year, Shandong Lu Xin Investment Holding Group Co., Ltd. was established with the approval of Shandong Provincial People's Government to meet the needs of diversified operation and collectivization development.