Is Ruixiang Industrial Co., Ltd. a state-owned enterprise?

No. Ruixiang Industrial Co., Ltd. was established in 2003, located in Wuhu City, Anhui Province. Is a company mainly engaged in automobile manufacturing. This enterprise is not invested and built by the state, nor is it a state-owned enterprise. Its main projects are the development, design, manufacture and sales of automobile molds, fixtures, inspection tools, automatic production lines and non-standard equipment.