Is Taicang Xiexin Power Plant a state-owned enterprise?

Taicang Port Xiexin Power Generation Co., Ltd. is a large-scale Sino-foreign joint venture cogeneration enterprise built and developed at a record speed at the beginning of the new century under the background of China's rapid economic development and prominent contradiction between power supply and demand, with the enthusiastic concern and support of leaders at all levels in Jiangsu Province and friends from all walks of life. Not a state-owned enterprise.

Sino-foreign joint ventures do not belong to state-owned enterprises or foreign enterprises. Sino-foreign joint ventures are non-public enterprises. Due to the mutual integration of public economy and private economy, the economic subject with liquidity has been far away from the traditional model of single economic nature division in today's socialist market economy.