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Is Xinwangda a state-owned enterprise?

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According to official website's inquiry, Xinwangda Electronics Co., Ltd. has been shortlisted for many times in Shenzhen 100 Top Enterprises, Guangdong Top 500 Enterprises (No.81), China Top 500 Private Enterprises (No.308) and Global Top 500 New Energy Enterprises (No.32), and it is a private enterprise, not a state-owned enterprise.

Xinwangda Electronics Co., Ltd. was established on 1997 and listed on the Shenzhen Stock Exchange on 20 1 1. It is a leading brand in the field of lithium-ion batteries in the world.