Is Ningbo Folda Intelligent Technology Co., Ltd. a state-owned enterprise?

Not a state-owned enterprise. Ningbo Folda Intelligent Technology Co., Ltd. was established in 1995. After more than 20 years, adhering to the business policy of "leading the market with technology and pursuing development with innovation", it has been specially designed for FAW-Volkswagen, SAIC-Volkswagen, Shanghai GM, Beijing Benz, Fujian Benz, GAC Toyota, FAW Toyota, American Ford, Jaguar Land Rover, FAW Group, Great Wall, Brilliance, Jianghuai and other automobile manufacturers.