Ningbo Huazhong Holdings is a state-owned enterprise.

Ningbo Huazhong Holdings is not a state-owned enterprise. Ningbo Huazhong Holding Co., Ltd. is a non-state-owned enterprise under Hu Axiang Group, a fortune 500 auto parts enterprise. Founded in 1993 and listed on the main board of Hongkong on 20 12, it is one of the leading manufacturers of auto parts products in China. The company's business mainly covers high-end auto parts, automotive electronics technology, high-end real estate, new energy, energy conservation and environmental protection, Internet, investment and other fields.