Is Nanjing Bang Qi a state-owned enterprise or a private enterprise?

Private enterprises. Nanjing Bang Qi, formerly a Belgian enterprise, is an independent supplier of energy-saving power systems. Not only has more than 40 years of leading experience in the design and production of continuously variable transmission (CVT), but also specializes in the development, production and supply of new energy powertrain and powershift (DCT) and its components. Bang Qi Power is committed to supplying CVT products to China's own brands and other countries' OEMs, and the newly developed hybrid system and pure electric drive powertrain will soon be put into the supply chain. A large number of Bang Qi products are suitable for domestic automobile brands, and 20 17 was acquired by China Yi Yin Group.