Is Yantai Dongfang Thermal Power Co., Ltd. a state-owned enterprise?

Yantai Dongfang Thermal Power Co., Ltd. is not a state-owned enterprise, but a local state-owned enterprise. State-owned enterprises refer to enterprises funded or authorized by the state, and local state-owned enterprises are enterprises authorized by local governments or local governments. Yantai Dongfang Thermal Power Co., Ltd. is a local state-owned enterprise funded by Yantai Municipal Government. Yantai Dongfang Thermal Power Co., Ltd. is an enterprise that produces cogeneration with coal as the main energy source. Its main products are electricity and heat energy, which are supplied to local residents and enterprises. As a local state-owned enterprise, its business goal is to promote regional economic development and social progress, and it also bears certain social responsibilities and obligations.