Is Hubei Xinghe Electric Power a state-owned enterprise?

Yes Hubei Province, referred to as Hubei for short, is one of the 23 provinces in China, located in the south-central region, and is the capital of Wuhan. Hubei electric power is both a central enterprise and a state-owned enterprise. Hubei Electric Power is headquartered in Wuhan. Central enterprises are all state-owned enterprises, so State Grid Hubei Electric Power Co., Ltd. is a state-owned enterprise. Hubei Xinghe Electric Power New Materials Co., Ltd. is the largest and most powerful new energy-saving tubular bus manufacturer in China.