No. Because state-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively; According to Aiqi's inquiry, COFCO Real Estate refers to Shanghai COFCO Real Estate Group Co., Ltd., and the shareholding ratio of Shanghai COFCO Enterprise Development Co., Ltd. is 100%. The enterprise type is a wholly-owned enterprise invested or controlled by natural persons, which does not meet the characteristics of state-owned enterprises, so COFCO Real Estate does not belong to state-owned enterprises.