Is Liaoyang Bearing Factory a state-owned enterprise?

It is not Liaoyang Bearing Factory, but a factory owned by Wazhou Liaoyang Bearing Manufacturing Co., Ltd., which is an enterprise invested and developed by individuals. It is a private enterprise, not a state-owned enterprise. State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively.