Is SAIC a state-owned enterprise?

According to the enterprise query, SAIC is a state-owned enterprise. SAIC, or SAIC, is the largest automobile listed company in China's A-share market, mainly engaged in automobile manufacturing. Its controlling shareholder is Shanghai Automotive Industry (Group) Corporation, a state-owned company directly controlled by Shanghai SASAC. SAIC, a leading domestic automobile enterprise, has a revenue of 744.063 billion yuan in 2022, and has the most comprehensive new energy product spectrum in the world, including plug-in hybrid vehicles, pure electric vehicles and hydrogen fuel vehicles; The technical performance of the fuel cell system developed by SAIC is equivalent to the world's leading level, and related technologies have taken the lead in realizing the product landing; Leading domestic automobile listed companies; SAIC Motor Group's automobile sales 16 years remained the first in the country. China ranked first in overseas sales of car companies for six consecutive years.