Is Zhongyan Amorphous Technology Co., Ltd. a state-owned enterprise?

Yes Zhongyan Amorphous Technology Co., Ltd. is a state-owned enterprise. Foshan Zhongyan Amorphous Technology Co., Ltd. is a high-tech joint-stock enterprise integrating the design, research and development, production and sales of amorphous alloy high-tech materials. In 2009, it was listed as a key supporting enterprise in the national electronic information industry revitalization plan.