Is Wuxi Sung River Technology a state-owned enterprise?

No. Wuxi Sung River Technology is an innovative small and medium-sized enterprise, so it is a private enterprise. Wuxi Sung River Technology Co., Ltd. (formerly known as Wuxi Sung River Technology Co., Ltd.) was established in 2007, located in Wuxi City, Jiangsu Province, and is a general equipment manufacturing enterprise. The registered capital of the enterprise is 58.8 million RMB, and the paid-in capital is 40 million RMB. The pre-listing will be completed in 2022.