Is Shanghai Saiheng Import and Export Co., Ltd. a foreign company?

Shanghai Saiheng Import and Export Co., Ltd. is not a foreign company. Shanghai Saiheng Import & Export Co., Ltd. is a foreign trade enterprise approved by the Foreign Economic Relations and Trade Commission of Shanghai Municipal Government, and has the right of import and export operation and agency. Foreign enterprises refer to foreign-invested enterprises, and Shanghai Saiheng Import and Export Co., Ltd. has no foreign investment, so Shanghai Saiheng Import and Export Co., Ltd. is not a foreign enterprise.