Wuhai Hengchuang Engineering Co., Ltd. is not a state-owned enterprise, but a private enterprise. According to the Notice of the State-owned Assets Supervision and Administration Commission of the State Council City, China on Further Standardizing and Perfecting the Administrative Measures for Nominal Investment of Non-listed Companies by State-owned Holding Companies, only state-controlled enterprises can be considered as state-owned. Therefore, Wuhai Hengchuang Engineering Co., Ltd. does not belong to the category of state-owned enterprises.
Wuhai Hengchuang Engineering Co., Ltd. was established in 2002, mainly engaged in construction, electromechanical engineering and municipal road and bridge engineering.