Is Wuxi Little Swan Electric Appliance Co., Ltd. a state-owned enterprise?
No. State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively. Wuxi Little Swan Electric Appliance Co., Ltd. is not a state-owned enterprise. Wuxi Little Swan Co., Ltd. was originally established in May 1958, formerly known as Wuxi Ceramic Factory. Wuxi Little Swan Co., Ltd. was acquired by Midea Group in 20 19, and now it is a subsidiary of Midea Group, mainly producing Midea and Little Swan brand washing machines. So Wuxi Little Swan Electric Appliance Co., Ltd. is now a private enterprise.