Is Panyu Wanghua Automotive Electronics a state-owned enterprise?

Yes Panyu Wanghua Automotive Electronics Co., Ltd. is a wholly state-owned enterprise, a wholly state-owned company and a state-owned capital holding company, which perform the investor's duties on behalf of the State Council and local people's governments respectively. Is a state-owned enterprise, and its business scope includes auto parts and accessories manufacturing, auto parts wholesale, auto parts retail, auto parts research and development, engineering technology research and experimental development, technical service, technology development, technical consultation, technical exchange, technology transfer and technology promotion.