No. According to the relevant information of Rural Commercial Bank, Jinjiang Rural Commercial Bank is not a state-owned enterprise. Rural Commercial Bank is neither a private enterprise nor a state-owned enterprise. It is a joint-stock commercial bank. It was formerly a rural credit cooperative and later developed into a rural commercial bank. The rural commercial bank is actually the abbreviation of China Rural Commercial Bank. Fujian Jinjiang Rural Commercial Bank was established on February 15, 2012. It was formerly known as Fujian Jinjiang Rural Cooperative Bank. It is composed of Jinjiang Rural Credit Cooperative Union and 17 rural credit cooperatives within its jurisdiction.