Is Huarong Technology Co., Ltd. a state-owned enterprise?

No Huarong Technology Co., Ltd., founded on 20 10 and affiliated to Huarong, is located in Shanghai, and is an enterprise focusing on technology promotion and application services. It was established by the controlling shareholder Hu with a registered capital of 337,598,000 yuan. It is a private enterprise, not a state-owned enterprise, and it is mainly based on wage labor. The company is mainly engaged in technical development, technology transfer, technical consultation, technical services, explosion-proof electrical appliances, explosion-proof lamps, lighting lamps and so on in the field of electrical technology.