Is Ningbo Dafeng Chemical Industry a state-owned enterprise?

The company is a state-owned enterprise.

Ningbo Zhetie Dafeng Chemical Co., Ltd. (hereinafter referred to as "Dafeng Chemical"), located in Ningbo Petrochemical Economic and Technological Development Zone, was established in May of 201year with a registered capital of 12 1 billion yuan. It is the largest state-owned enterprise in Zhejiang Province, and also one of the key enterprises in the new transportation materials sector of Zhejiang Transportation Investment Group Co., Ltd..

As the first non-phosgene polycarbonate manufacturer with independent intellectual property rights in China, it has achieved a major breakthrough in national PC technology and rewritten the history of non-independent industrialization of more than 10,000 tons in China.