Is Jinan Transformer Factory a state-owned enterprise?

Yes Xidian Jinan Transformer Co., Ltd. (hereinafter referred to as "Xidian Jingbian") was formerly a state-owned Jinan Transformer Factory, which was founded in 1952. Xidian Jinan Transformer Co., Ltd. (formerly Jinan Transformer Group Co., Ltd.) is a specialized transformer manufacturing company with a history of 59 years. It is the only key enterprise in Shandong Province planning by the former Ministry of Machinery Industry to produce power transformers of 220kV and below, a national torch project implementation enterprise and a high-tech enterprise in Shandong Province. It has successively won the titles of Top 500 Enterprises in China Machinery Industry, Top 500 Enterprises in China Machinery Industry, Top 0 Enterprises in China Electrical Industry 100 and Top 20 Enterprises in China Electrical Equipment.