Is Ningbo Construction Engineering a state-owned enterprise or a private enterprise?

State-owned enterprises According to Aiqi.com, Ningbo Construction Engineering Co., Ltd. is a state-owned enterprise. Its predecessor was Ningbo No.1 Construction Engineering Company, which was established in 195 1. After years of development and restructuring, the restructuring of state-owned enterprises was completed on 200 1+02. This means that Ningbo Construction Engineering Co., Ltd. has become a state-owned enterprise after the restructuring.