Is China Railway Wuhan Electrification Group Shanghai Electric Co., Ltd. a state-owned enterprise or a private enterprise?
Private enterprises. According to the enterprise survey, Shanghai Electric is not a state-owned enterprise, but a joint-stock system owned by the whole people. Shanghai Electric Group Co., Ltd., referred to as Shanghai Electric for short, was established on March 6, 2004. It is the mechanical and electrical equipment industry group with the largest sales volume in China machinery industry. The company integrates engineering design, product development, equipment manufacturing and complete sets of engineering technical services, and has the advantages of complete sets of equipment, general contracting of projects and comprehensive services of modern equipment. It is one of the most important suppliers of power generation equipment in China. Shanghai Electric Group Co., Ltd. is a large-scale comprehensive equipment manufacturing group. Its leading industry focuses on energy equipment, industrial equipment and comprehensive services, and is committed to providing customers with green, environmentally friendly, intelligent and interconnected technology integration and system solutions.