Is Xin 'an Automobile Insurance Co., Ltd. a private enterprise?

Xin 'an Automobile Insurance Co., Ltd. is not a private enterprise. Xin 'an Automobile Insurance Co., Ltd. is a state-owned enterprise. Xin 'an Insurance refers to Xin 'an Automobile Insurance Co., Ltd., which was established on 20 12. Established by ten companies including FAW Finance Co., Ltd., FAW Car Co., Ltd. and Changchun FAW Fu Wei Auto Parts Co., Ltd. under the China First Automobile Group, the headquarters is located in Changchun. Xin 'an Insurance mainly relies on the automobile sales network of FAW Group and its dealer shareholders all over the country, focusing on automobile insurance business, and at the same time operating the property insurance business related to motor vehicle insurance, and further improving the service function of FAW financial brand through innovative design of automobile insurance products through the automobile industry chain.