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Is Cloud Universe Holdings Limited a state-owned enterprise?

Cloud Universe Holdings Limited is not a state-owned enterprise.

Cloud Universe Holdings Co., Ltd. is a whole industry chain company focusing on the research and development, application and derivative business of blockchain technology. The company was listed on NASDAQ, becoming the first company to be listed in a hypercosmic circuit.

Cloud Universe Company is wholly-owned by Shengtian Network (300494), a A-share listed company, and Jiangsu Cultural Property Exchange Co., Ltd., directly under the State-owned Assets Supervision and Administration Commission of Jiangsu Province, holds 17.76%, so Cloud Universe Company indirectly has the background of state-owned assets in Jiangsu Province.