Is Yantai Xinyuan Technology Co., Ltd. a private enterprise or a state-owned enterprise?

State-owned enterprises According to public information, Yantai Xinyuan Technology Co., Ltd. belongs to China Aerospace Xinyuan Technology Group Co., Ltd., which is a wholly state-owned enterprise in which the State Council and the local people's government perform the investor's duties on behalf of the state respectively. Scope: heat pump technology research and development. Heat pump technology research and development. Research and development of heat pump technology. Installation, design and sales: ground source heat pump, solar water heater, solar heating equipment, geothermal central air conditioning.