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Is Shandong Haike Chemical Industry Group a state-owned enterprise?
Shandong Haike Chemical Group is not a state-owned enterprise.

It is a joint venture between Taiwan Province, Hongkong, Macau and China. Shandong Haike Chemical Industry Group was established in 1988. After 30 years of development, it has become a comprehensive chemical enterprise group integrating petrochemical industry, new energy materials, semiconductor chemistry, nutrition, consumer chemistry and medicine. Its subsidiaries are mainly distributed in more than ten subsidiaries such as Shandong, Jiangsu, Anhui and South Korea PCT Company, and international trading companies have been established in Singapore, Hong Kong and Shanghai. It has more than 4,000 employees and has been selected as one of the "Global Growth Companies", "Top 500 Chinese Enterprises" and China Top 500 Manufacturing Companies in Davos Forum.

Haike Group is a local oil refining enterprise recognized and reserved by the state, a top 30 key dispatching enterprise in Dongying City, and a key cultivation enterprise in Shandong Petrochemical Industry Revitalization Plan. Haike Group has adopted international management standards and gradually realized an international modern enterprise management model.