Is Hudong Heavy Machinery a state-owned enterprise?

The company is a state-owned enterprise.

Hudong Heavy Machinery Co., Ltd. is a large-scale marine medium and low-speed diesel engine manufacturer under China Shipbuilding Corporation, which belongs to state-owned enterprises. Founded in 2007, the company is headquartered on the Huangpu River in Pudong New Area and has a history of diesel engine production and research and development for more than 60 years. The company has 6 investment enterprises, including 4 holding subsidiaries.

The company has an annual production capacity of 6 million horsepower medium and low speed diesel engines, ranking second in the world. It is the largest research and production base of high-power marine diesel engine in China, ranking first in the domestic market share.