Guangzhou Kaiheng Group Co., Ltd. is not a state-owned enterprise. Inquiry of relevant information shows that Guangzhou Kaiheng Enterprise Group Co., Ltd. is a small and micro enterprise founded in 1994 and located in Guangzhou City, Guangdong Province. It is an enterprise mainly engaged in research and experimental development. The registered capital of the enterprise is RMB 100 million, and the paid-in capital is RMB 70 million. Guangzhou Kaiheng Enterprise Group Co., Ltd. *** has invested in 11 companies, has 28 pieces of trademark information in terms of intellectual property rights, and has 3 administrative licenses.