Yes According to the relevant information of COFCO Kai Tak Fung Company, it can be known that COFCO Kai Tak Fung Company is a state-owned enterprise. As one of the members of COFCO, COFCO Kai Tak Fung Company was established in 2005 with a registered capital of 505 million yuan. It is a wholly-owned risk management subsidiary of COFCO Futures Co., Ltd. and the first batch of fully licensed risk subsidiaries of futures companies approved by China Futures Association.