Hualing Holding Group Co., Ltd. is not a state-owned enterprise. According to public information, Hualing Holding Group Co., Ltd. is a private enterprise and not a state-owned enterprise. The company was founded in 2003 and is headquartered in Shanghai, China. It is a comprehensive enterprise group with diversified industries, mainly involving financial investment, real estate, infrastructure construction and other fields. The company's chairman and chairman is Huang Hongyun, a successful entrepreneur and politician who has served as vice chairman of the Shanghai Municipal Committee of the Chinese People's Political Consultative Conference and vice chairman of the All-China Federation of Industry and Commerce. Therefore, Hualing Holding Group is a private enterprise and has no direct connection with state-owned enterprises.