Is China Yongda Automobile Service Holding Co., Ltd. a state-owned enterprise?
No, according to the query of Yongda Auto Network, Yongda was founded in 1992. It is a group enterprise integrating industry, domestic and foreign trade and service, with 58 wholly-owned, holding, shareholding and Sino-foreign joint ventures. Shanghai Yongda Automobile Group Co., Ltd. was established in 1992, and has established 130 automobile sales and service networks in more than 30 cities including Shanghai, Beijing, Fujian, Shanxi, Zhejiang, Jiangsu and Hainan. The wholly-owned enterprise employs 3,000 people, mainly engaged in automobile sales and service, real estate development, transportation facilities, investment management and other industries.