Is Guilin Airlines a state-owned enterprise?

Guilin Aviation Co., Ltd. was jointly established by Guilin Tourism Development Corporation and Guilin Aviation Tourism Group Co., Ltd. * *, in which Guilin Tourism Development Corporation holds 60% of the shares as the controlling shareholder and Guilin Aviation Tourism Group holds 40%. Guilin Tourism Development Corporation is a state-owned enterprise under the jurisdiction of Guilin. Guilin Air Tourism Group is jointly funded by the Guilin Municipal Government and HNA Group, and the Guilin Municipal Government represents the state-owned capital under the jurisdiction of Guilin. Therefore, Guilin's local state-owned capital has an absolute controlling stake in Guilin Airlines, which should be regarded as a state-owned enterprise and belongs to Guilin's local state-owned enterprises.