How did Zhenhua become a state-owned enterprise?

No As of February 2, 2022, 65438 China Zhenhua (Group) Technology Co., Ltd. is an enterprise formed by the enterprise level supervised by the state-owned assets supervision and administration institution and other departments and its step-by-step investment. Do not belong to state-owned enterprises. Founded in 1997, the company is a regular company protected by official website's certification law, and its business scope is within the scope permitted by law, which is very reliable. The company mainly deals in power electrical products, circuit breakers, high and low voltage switchgear, etc.