Is Hangzhou Sanhua Research Institute a state-owned enterprise?

No, Hangzhou Sanhua Research Institute is a private enterprise. Sanhua Holding Group Co., Ltd. was established in 1984, located in Xinchang, East Zhejiang, and is a large private enterprise integrating scientific research, production, operation and service. The enterprise has three major industries: refrigeration and air conditioning control parts, auto parts and real estate.