Is Baoding Branch of Modern Agricultural Equipment Technology Co., Ltd. a state-owned enterprise?

Yes Modern Agricultural Equipment Technology Co., Ltd. is a large-scale scientific and technological enterprise directly under the central government and belongs to state-owned enterprises. Modern Agricultural Equipment Technology Co., Ltd. is a high-tech enterprise under China Academy of Agricultural Sciences, specializing in the research, development, production and management of modern agricultural equipment. There are two branches in Baoding and Xinjiang, and six wholly-owned and holding subsidiaries in Luoyang Zhongshou Machinery Equipment Co., Ltd., CIMC Hualian Electromechanical Technology (Beijing) Co., Ltd., CIMC South Machinery Co., Ltd., CIMC MINO Technology Co., Ltd., CIMC North Machinery Co., Ltd. and CIMC Huafeng (Beijing) Technology Co., Ltd.