According to Tian Yan's inquiry, Jufu (Shenzhen) Capital Investment Management Co., Ltd. was established on 20 15, located in Shenzhen, Guangdong Province. It is an enterprise mainly engaged in commercial services, which is privately controlled, so it is a private enterprise rather than a state-owned enterprise.
State-owned enterprises are defined according to control rights and business objectives, that is, enterprises with commercial or non-commercial objectives over which the government can exercise effective direct or indirect control rights can be defined as state-owned enterprises, including state-controlled joint-stock enterprises.