Is Sino-Greek Group a joint venture of state-owned enterprises?

China-Greece Group has no joint venture with state-owned enterprises. Xi Zhong Group Co., Ltd. was established in 1986. Its predecessor was Yueqing Electrical Alloy Co., Ltd. based on Shanghai Tianma Precious Metal Composite Material Factory and its subsidiary Shanghai Xi Zhong Electrical Alloy Co., Ltd. Through nearly 20 years of innovation and development, Sino-Greek Group has become one of the backbone enterprises in China's electrical alloy industry. Therefore, China-Greece Group has no joint venture with state-owned enterprises.