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Is Hainan Nongken Nanfan Industrial Group Co., Ltd. a state-owned enterprise?

Yes. According to the official website of Hainan Nongken Nanfan Industrial Group Co., Ltd., Hainan Nongken Nanfan Industrial Group Co., Ltd. was established in September 2016 with a registered capital of 100 million yuan. It is a wholly-owned secondary enterprise of Hainan Nongken Investment Holding Group Co., Ltd. , shouldering the important task of serving and ensuring the implementation of the national Southern Breeding Strategy, and building the National Southern Breeding Biological Breeding Zone, the National Modern Agricultural Industrial Park, and the China Southern Breeding Center.

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