Is Shenyang Chen Xin Electric Power a state-owned enterprise?

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Shenyang Chen Xin Power is not a state-owned enterprise, but a subsidiary of Mianyang Chen Xin Power Machinery Co., Ltd., which was established in 1998. This brand is a domestic independent brand engine R&D manufacturer and a modern industrial group specializing in providing light gasoline engines, light diesel engines and hybrid solutions.

Mianyang Chen Xin Power Machinery Co., Ltd., located in Mianyang City, Sichuan Province, was listed on the Hong Kong Stock Exchange on 20 13. It is jointly controlled by Wuliangye Group and Brilliance Automobile Group and operates independently. It is a well-known domestic independent brand engine manufacturer.