Is Shao Neng a state-owned enterprise?

Shao Neng is not a state-owned enterprise.

Guangdong Shaoneng Group Co., Ltd. (hereinafter referred to as the company) is the first listed company in northern Guangdong, the only joint-stock company listed on Shenzhen Stock Exchange, and one of the eight advantageous enterprise groups in Shaoguan.

State-owned enterprises refer to the unincorporated economic organizations whose assets are owned by the state and registered in accordance with the Regulations of People's Republic of China (PRC) Municipality on the Administration of Enterprise Legal Person Registration.