Is Jiangsu Daikin Heavy Industry a state-owned enterprise?

Jiangsu Daikin Heavy Industry Co., Ltd. is not a state-owned enterprise. According to official website information of Jiangsu Daikin Heavy Industry Co., Ltd., the company is a subsidiary and a joint venture company, not a state-owned enterprise. Jiangsu Daikin Heavy Industry Co., Ltd. was established in February 20 12 with a registered capital of 227 million yuan. The company is located in the east of Yangzhong Second Bridge, Xilaiqiao Town, Yangzhong City, Jiangsu Province, about 180 km away from the Yangtze River estuary, adjacent to the main channel of the Yangtze River in the east and Shanghai-Nanjing Expressway in the west.