Is Guilin Airlines a state-owned enterprise?

It is a state-owned enterprise.

Guilin Airlines Co., Ltd. is jointly funded by Guilin Tourism Development Corporation and Guilin Aviation Tourism Group Co., Ltd. ***, of which Guilin Tourism Development Corporation holds 60% of the shares as the controlling shareholder, and Guilin Aviation Tourism Group holds 60% of the shares. 40% of shares. Guilin Tourism Development Corporation is a state-owned enterprise affiliated to Guilin City. Guilin Aviation Tourism Group is jointly funded by the Guilin Municipal Government and HNA Group. The Guilin Municipal Government represents the state-owned capital of Guilin Municipality. Therefore, the local state-owned capital of Guilin City has absolute controlling rights in Guilin Airlines. Guilin Airlines should be regarded as a state-owned enterprise and a local state-owned enterprise of Guilin City.