Not a state-owned enterprise. According to Tian Yan, Qianhai Animal Husbandry Fund is an organization engaged in production and business activities funded by individual capital, not a state-owned enterprise. Shanghai equity investment parent fund was successfully established in February, 20 15, and the current fundraising scale is 28.5 billion. The fund management company is registered in the State Administration for Industry and Commerce, and its full name is "Qianhai Ark Asset Management Co., Ltd.".