Is Zhejiang Kesheng Technology Co., Ltd. a state-owned enterprise?

No, Zhejiang Kesheng Technology Co., Ltd. is not a state-owned enterprise, but a private listed company. Founded in 1996 and headquartered in Yuhang District, Hangzhou, Zhejiang Province, the company is a high-tech enterprise specializing in hydraulic components and system integration. Its main products include hydraulic pumps, hydraulic motors and hydraulic valves. The company was listed on Shenzhen Stock Exchange on 20 10, becoming the first listed hydraulic component enterprise in China.