Is China Cinda a central enterprise or a state-owned enterprise?

China Xinda Asset Management Co., Ltd. (hereinafter referred to as China Xinda) is a financial company headquartered in China, mainly engaged in the disposal of non-performing assets, asset management and financial services. The controlling shareholder of China Cinda is China Cinda Asset Management Corporation, which is a wholly state-owned non-bank financial institution approved by the State Council, China.

According to this information, we can draw a conclusion that China Cinda is a financial enterprise controlled by state-owned assets and belongs to state-owned enterprises (SOEs). Although China Cinda is not a central enterprise directly supervised and managed by the central government, it still has the attributes of a state-owned enterprise and occupies an important position in China's financial industry.