Is Zhongrong Electric a state-owned enterprise or a private enterprise?

Zhongrong Electric is a private enterprise.

Zhongrong Electric is a private enterprise, established in 2007. The company has more than 15 years of experience in the field of fuses, and has long been committed to providing services for national strategic emerging industries. The company's customers include Tesla, BYD, Contemporary Ampere Technology Co., Ltd., Huawei, Sunshine Power, CRRC, General Electric, Bombardier and other well-known enterprises at home and abroad.