1. According to the inquiry of Shanghai Dewei Coatings Co., Ltd. in official website, Shanghai Dewei Coatings Co., Ltd. is a wholly Chinese-funded enterprise, and it is not a foreign enterprise without foreign shares.
2. Foreign enterprises generally refer to foreign-invested enterprises, that is, enterprises established in China according to the laws of China, which are jointly invested by China investors and foreign investors, or independently invested by foreign investors.