Yes According to relevant information, Cai Zhong Financial Holding Investment Co., Ltd. and other enterprises are industrial fund management companies focusing on the integration of strategic emerging industries, so they belong to state-owned enterprises. CIC Cai Zhong Fund Management Co., Ltd. was established on 20 1 312 and registered at B-165448, 25th floor, Building C, No.6 Jianguomenwai Street, Chaoyang District, Beijing. The business scope includes entrusted management, investment management and related consulting services of equity investment enterprises.