Is Yunnan Yukun Iron and Steel Group Co., Ltd. a state-owned enterprise?

Cai Xianping is a native of Changle, Fujian. In September 2000, he went to Yuxi City to establish Yunnan Yuxi Yukun Iron and Steel Group Co., Ltd. After 9 years of hard development, the company has grown from an initial fixed assets of 40 million yuan to a large-scale enterprise with fixed assets of 1.08 billion yuan, an annual output value of 2 billion yuan, 6 subsidiaries, more than 3,000 employees, and an annual tax payment of nearly 30 million yuan. business group. With the steady expansion of the strength and scale of the enterprise, Cai Xianping was successively elected as a representative of the Hongta District People's Congress, a member of the Yuxi CPPCC, vice president of the Yuxi Federation of Industry and Commerce (Chamber of Commerce), honorary president of the Yuxi Fujian Chamber of Commerce, and vice president of the Kunming Fuzhou Chamber of Commerce. President. He has been awarded honorary titles such as "Excellent Builder of Socialism with Chinese Characteristics", "Excellent Entrepreneur", and "Advanced Taxpayer" by the Yuxi Municipal Party Committee and Municipal Government.

According to this news, this company is definitely not a state-owned enterprise, but a private enterprise