Is Yunbian Electric a state-owned enterprise?
It is a state-owned enterprise. Yunbian Electric Co., Ltd. belongs to China Ordnance Equipment Group Corporation. It is a key enterprise that the former Ministry of Machinery Industry designated to produce voltage transformers of 220kV and below. It is the national production base of traction transformer for electrified railway, and its market share and products are all over the country, ranking first in the country.