Is Shangneng Electric a state-owned enterprise or a private enterprise?

Private enterprises. Private enterprises are privately invested and operated enterprises. As its name implies, Neng Electric Co., Ltd. is a national high-tech enterprise specializing in R&D, manufacturing and sales of power electronic products. The company focuses on the field of power electronic energy conversion and control, covering photovoltaic inverter, energy storage system, power quality management, power station development and other fields. According to enterprise investigation, Shangneng Electric Co., Ltd. is a joint-stock company, and the actual controllers of the company are Wu Chao and Wu Qiang.