alt Hacker News> but I don't think this company is a SOE, at least from what I can tell.
There's no way to really tell. An authoritarian state like China can decide to control this company at any time, if it chooses to, through more direct or indirect means.
A well known story on this subject: https://www.wired.com/story/jack-ma-isnt-back/
It doesn't need to be an authoritarian government. The US government can proclaim a company to be of "national interest" at any time and thus determine what it can export or not, as it has done repeatedly over the last few years.