no.

Baoding City Investment Company belongs to public institutions, but public institutions are not state-owned enterprises. State-owned enterprises refer to all enterprises under the management of SASAC, which are divided into those directly under SASAC and those directly under provinces and cities. Among them, enterprises directly under SASAC are central enterprises, and the rest are called local state-owned enterprises.

The full name of City Investment Company is Urban Construction Investment Company, which is a platform for government investment and financing in major cities across the country, undertakes corresponding government functions, and is a special market operator.