Is Shenyang Zhongtai Equipment Manufacturing Co., Ltd. a state-owned enterprise?

No, China Titanium's well-equipped development prospects have attracted many investment institutions and government industrial funds to become shareholders, and the advantages of mixed ownership mechanism have brought broad development space for the company.

The subsidiaries of China Titanium Equipment include Qinghai China Titanium Blue Forging Equipment Manufacturing Co., Ltd., Shenyang Heshitai General Titanium Industry Co., Ltd., Sino-German Titanium Mountain (Shenyang) Technology Development Co., Ltd. and Shenyang Aegis Defense Technology Co., Ltd. (China Titanium Research Institute). And has established cooperative relations with well-known domestic scientific research institutions and institutions of higher learning, such as Institute of Metals, Dalian Locomotive Research Institute, Northeastern University and Shenyang University of Aeronautics and Astronautics.