Is Beijing Sifang a state-owned enterprise or a private enterprise?

Private enterprises. According to the information of official website of Beijing Sifang Jibao Automation Co., Ltd., it is learned that Beijing Sifang Group refers to Beijing Sifang Jibao Automation Co., Ltd., and the enterprise type is other joint-stock companies, belonging to private enterprises, which have not been invested and managed by the state and government. Beijing Sifang Jibao Automation Co., Ltd. Sifang Co., Ltd. was founded in 1994 by Professor Yang Qixun, the developer of the first microcomputer relay protection device in China and the first academician of the Academy of Engineering. The company is committed to the development, transmission, distribution and use of smart grid.