Is Zhimei Sports Group a state-owned enterprise?

no. Zhimei Sports Group, an investment holding company, is mainly engaged in providing joint event services and film and television program services in the People's Republic of China. The company operates through two business units. The joint venture department of Zhimei Games is engaged in organizing, managing and promoting various international and domestic sports events and other marketing activities. Zhimei Film and Television Program Department is engaged in the production, distribution and advertising business of TV programs. It is a private enterprise, not a state-owned enterprise.