State-linked or private?
Wuyi Star itself was a privately funded start-up (Haixia Liaowang: sole-investor founding; Jiemian: 18 million yuan of He Yixin's own money). Its 'state' connection is the March 2003 reorganisation of the state 武夷山市岩茶总公司 and 武夷山市茶叶科学研究所, which brought the mother-tree management rights and the institute's gardens. The 2006 date sometimes attached to the company is its first profitable year and the year of its Diaoyutai and organic milestones, not its founding.