Is Kaida Power a state-owned enterprise?

Kaida Electric Power is not a state-owned enterprise, but a private enterprise. Hangzhou Kaida Electric Power Construction Co., Ltd. was incorporated in Yuhang District Administration for Industry and Commerce in Hangzhou on May 1999. The legal representative is Shen Kai, whose business scope includes general business items: power transmission and transformation projects, power distribution projects, power cables, etc.