Is Ningbo Rural Business Development Group a state-owned enterprise?

Yes. According to Tianyancha data, Ningbo Agricultural and Commercial Development Group Co., Ltd. is a municipal state-owned enterprise established on the basis of the original Ningbo Commercial Group Co., Ltd. It is committed to becoming a solid support for people's livelihood and material security, with the purpose of serving agriculture, rural areas and farmers, and ensuring people's livelihood. Build a strong supply chain system for the agriculture, forestry, animal husbandry and fishery industries, and assume the functions of stabilizing prices and ensuring supply of people's livelihood materials such as "vegetable baskets, rice bags, meat cases, fruit plates".