Is Xinshida a state-owned enterprise or a central enterprise?
State-owned enterprises Established in 1995 and headquartered in Shanghai, Shanghai Xinshida Electric Co., Ltd. is a high-tech enterprise supported by the state and a national innovative enterprise. On 20 10, it was listed on the A-share of Shenzhen Stock Exchange. Shanghai Xinshida Electric Co., Ltd. takes motion control technology as the core, focusing on servo drive, variable frequency speed regulation, robot and industrial controller, and develops into digitalization and intelligence. The company's products and solutions are widely used in 3C electronics, lithium batteries, semiconductors, photovoltaics, logistics, food and beverage, medical care, automobiles and other industries and sub-industries, serving many countries and regions around the world.