No. In Fuyang City, the Big Data Asset Operation Co., Ltd. is an enterprise run by individuals, without state funding for construction and operation, and therefore is not a state-owned enterprise. State-owned enterprises (SOEs) are nationally owned units. State-owned enterprises are wholly state-owned enterprises, wholly state-owned companies, and state-owned capital holding companies in which the State Council and the local people's government respectively perform the duties of funders on behalf of the state.