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Is Debon Securities State-owned or Private?
Debon Securities Co., Ltd. (Debon Securities for short) is a securities company in China. As far as I know, Debon Securities is not wholly owned by the government, nor is it an enterprise directly supervised by SASAC, so it is not a state-owned enterprise.

Founded in 2003 and headquartered in Shanghai, Debon Securities is a comprehensive securities company mainly engaged in securities brokerage, investment banking, asset management and investment consulting. The shareholders of the company are mainly composed of well-known enterprises and investment institutions at home and abroad, including Debon Logistics Co., Ltd. and Zhongbang Group Co., Ltd. ..

Therefore, Debon Securities can be regarded as a private enterprise, although there are some state-owned enterprises among its shareholders.