Is Ningbo Deye Technology Co., Ltd. a state-owned enterprise?

Deye Technology Co., Ltd. is a registered enterprise in China, but it is not a state-owned enterprise. It is a private enterprise, established in 2000, mainly engaged in coal, chemical industry, machinery manufacturing and other fields. According to the latest public information, the shareholders of the company are mostly private enterprises and individual shareholders. Therefore, Ningbo Deye Technology Co., Ltd. is not a state-owned enterprise.