Is Hangzhou Huaxin Electromechanical Engineering Co., Ltd. a state-owned enterprise?

The company is a state-owned enterprise.

Hangzhou Huaxin Electromechanical Engineering Co., Ltd. was restructured and established in 1993 by the auxiliary equipment research room of Hangzhou Mechanical Design Institute of the Ministry of Electric Power Industry, a research institute directly under the central government. Is a state-owned listed company, a high-tech enterprise in Zhejiang Province, and one of the influential lifting equipment manufacturers in China. With scientific research as the leading factor, the company is a large-scale group enterprise integrating the design, manufacture, installation, debugging and supply of mechanical and electrical products.