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Is Gansu Pengda Expressway a state-owned enterprise?

no. According to official website of the State Administration for Industry and Commerce, the company was established on June 2, 2116, and its legal representative is Zhang Wenze, with a registered capital of 2,417,471,111 yuan. The registered place is located at No.1 Road, Shilipujing, Kongtong District, Pingliang City, Gansu Province (the former power plant guest house). The business scope includes the investment, design, construction and construction of the PPP project of expressway project from Pengyang (Ningganjie) to Pingliang to Daqiao Village (Ganshanjie) in G85; Operation and management; Collect vehicle tolls; Manage the advertising, catering, motel, store retail, automobile and electromechanical maintenance, auto parts, fuel sales and highway engineering and other related services within the permitted scope along the highway, as well as the development and utilization of Luyan economic business.