Is Zibo Xinneng Energy Group a state-owned enterprise?

Zibo Xinneng Energy Group Co., Ltd. is a wholly state-owned enterprise funded by Zibo Municipal Government. It is also a new energy enterprise group with the most professionalism, social influence and brand awareness in Luzhong. It owns Zibo Cheng Yi Gas Co., Ltd. ..

The Group's business covers four major industrial sectors, namely, coal chemical production, natural gas sales, real estate development and energy equipment manufacturing. Standing at a new development starting point, Xinneng Group adheres to the enterprise spirit of unity and forge ahead, advocating the strong, tolerance and openness, and self-improvement. According to the industrial layout of the group and the principle of high-level alliance and high-level cooperation, Xinneng Group has deeply cultivated four major industrial sectors in the extension expansion, showing an increasingly strong development momentum. The economic benefits have increased year by year, and the state-owned assets have been greatly preserved and increased, which has set a successful benchmark for the reform of state-owned enterprises in Zibo.