Enterprise survey shows that the company is a state-owned enterprise. Qingdao Haixi Heavy Machinery Co., Ltd. is a wholly-owned subsidiary of China State Shipbuilding Corporation, specializing in the research and development of port loading and unloading machinery, ship lifting equipment and functional offshore platforms. The shareholder of Haixi Heavy Machinery is China Shipbuilding Industry Corporation. Therefore, Haixi Heavy Machinery is a state-owned enterprise.
The parent company of Qingdao Haixi Heavy Machinery Co., Ltd. is a central enterprise, but Haixi Heavy Machinery itself is essentially a state-owned enterprise.