Is Fujian Flexible Packaging Group a state-owned enterprise?

Fujian Times Soft Packaging Material Co., Ltd. was established in 2003, located in Fuzhou, Fujian Province, and is an enterprise mainly engaged in rubber and plastic products industry. The standard of state-owned enterprises is that the government holds more than 50% shares. The company does not meet this standard and is not a state-owned enterprise. The company is mainly engaged in the development and production of multifunctional agricultural film new technologies and new products, and the production of polyamide plastic wrap.