No, Hainan Huasheng Group is a well-known modern private enterprise and non-state-owned enterprise integrating cement, wood-based panel, photovoltaic, logistics, real estate and high-tech materials in Hainan Province. State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively.