Is Li Shen battery a state-owned enterprise or a private enterprise?

Li Shen Battery is a state-owned holding enterprise. Tianjin Li Shen Battery Co., Ltd. is a state-owned high-tech enterprise. Established in 1997, Tianjin Li Shen Battery Co., Ltd. is a joint-stock high-tech enterprise with independent intellectual property rights, specializing in the research, development, production and operation of lithium-ion battery technology. The company is located in Huayuan Industrial Zone, Tianjin Binhai High-tech Zone, covering an area of 400,000 square meters. It was established on February 25th, 1997 with a registered capital of 125 billion yuan and total assets of 6 billion yuan. At present, the company has an annual production capacity of 500 million ampere-hours lithium-ion batteries, including round, square, polymer and plastic soft packaging, as well as four series and hundreds of models of power batteries. Relying on independent intellectual property rights and innovation mechanism, and with the strong support of the national supporting policies for localization of mobile communication, Li Shen Company has developed rapidly in just a few years, becoming a professional manufacturer of lithium-ion batteries with the largest investment scale and the highest technical level in China, ranking among the forefront of the lithium-ion battery industry in the world. Its product application has also expanded from portable mobile electronic equipment to new energy electric vehicles, wind and solar power generation, energy storage systems and many other fields.