The company is owned by the shareholders as listed in the article. The company doesn’t even operate in China. State specifically what harm TikTok has done to the US.
You obviously have no clue how things work in China.
The CCP controls all capital resources in China, and all the “private” owners in China have no rights but what the CCP sees fit to let them have, and can withdraw it at any time.
So the CCP is the de facto owner of everything in China.