Yes Quanzhou Fengze Education Management Group Co., Ltd. (hereinafter referred to as "Fengze Education Group") is a wholly-owned state-owned subsidiary of Quanzhou Fengze State-owned Investment Group Co., Ltd., which is a subsidiary of Quanzhou Fengze State-owned Investment Group. Quanzhou Fengze Education Management Group Co., Ltd., founded on 202 1, is located in Quanzhou, Fujian Province, and is an education-oriented enterprise.