Is Beijing Sifang Group a state-owned enterprise?

Beijing Sifang Group is not a state-owned enterprise. Beijing Sifang Group generally refers to Beijing Sifang Jibao Automation Co., Ltd., and the enterprise type is other joint-stock companies.

Beijing Sifang Group introduced:

Beijing Sifang Group was founded in 1994 by Professor Yang Qixun, the developer of the first microcomputer relay protection device in China and the first academician of the Academy of Engineering. The company is committed to providing products and solutions for all aspects of smart grid power generation, transmission, distribution and use, as well as thermal power, hydropower, nuclear power, new energy power generation enterprises and large industrial users.

Based on the rich product system with completely independent intellectual property rights, Sifang has achieved many domestic technological achievements. The main products have won more than one national and provincial science and technology progress award 100, and have hundreds of patents and software copyrights, and have presided over or participated in the formulation of more than one international, national and industry standard 100.

At present, Beijing Sifang Group has grown into a leading enterprise in China's electrical and industrial automation industry.

While the domestic market share continues to expand, the company has also made remarkable achievements in the international market. As the earliest company in China whose products have passed the KEMA gold medal certification and the 6 1850 conformity certification, its products have successfully entered the European, Asian, American and African markets, and established a new image of high-tech enterprises in China internationally.