Is Beijing Yubang Electric Power Technology Co., Ltd. a state-owned enterprise?

Yes Beijing Yubang Electric Power Technology Co., Ltd. was established in North China Electric Power Research Institute and is a state-owned enterprise funded and managed by the state finance. 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.