Is yangguang stock a state-owned enterprise?

Koyo is a China company, whose full name is Yang Guang Bearing Co., Ltd.. As far as I know, Yang Guang is not a state-owned enterprise, but a joint-stock company. Founded in 1994, the company is mainly engaged in the production, sales and research and development of bearings and parts.

The main business areas of Yang Guang Co., Ltd. include automobile bearings, motorcycle bearings, industrial bearings, rolling bodies and cages. The company is committed to providing customers with high-quality and high-performance bearing products to meet the needs of different industries.

Although Yang Guang Co., Ltd. is not a state-owned enterprise, it has a high reputation and market share in China bearing industry. Through continuous technological innovation and strict quality control, the company strives to provide customers with quality products and services.