Is Baoding City Investment and State Control a unit?

No Baoding Urban Construction Investment Group Co., Ltd. is a wholly state-owned enterprise approved by Baoding Municipal Party Committee and Municipal Government. State-owned holding enterprises refer to enterprises whose state capital shares account for a relatively high proportion of the total capital of enterprises and are actually controlled by the state. Therefore, Baoding City Investment and State Control are not a unit. A unit refers to an organ, organization or department subordinate to an organ or organization.