No, Aiqi's inquiry shows that Netease Youdao is a joint venture company, and Netease Youdao has established cooperative relations with many well-known enterprises and institutions at home and abroad to jointly promote the development of online education industry. So Netease is not a state-owned enterprise. Founded in 2006, Netease Youdao is a leading online education platform and tool provider in China. Adhering to the mission of "making learning more efficient and interesting", the company is committed to providing high-quality educational content and services to help users improve their learning efficiency and enhance their learning experience.