Is Wuhan Huabo Defense a state-owned enterprise?

Wuhan Huabo Defence is a state-owned enterprise. Wuhan Huabo Defense Technology Co., Ltd. was restructured from Wuhan Wireless Power Plant. At present, it is the holding company of china baoan Group Co., Ltd., and it is an enterprise specializing in the development of weapon simulation training system, military communication system and technical support tasks of weapons and equipment. The predecessor of the company (Wuhan Wireless Power Plant) has been engaged in military research and production since 1962, and its products have been widely used in the equipment field of our army.