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Is Shunte Electrical Equipment Co., Ltd. a state-owned enterprise?

The electrical equipment of this company is not a state-owned enterprise.

Shunte Electric Equipment Co., Ltd. is not a state-owned enterprise, but a Sino-foreign joint venture established by Shunte Electric Co., Ltd. and Schneider Electric of France. Although the state holds part of the shares, the daily management decisions of the company are mainly made by Schneider Electric, so it cannot be regarded as a state-owned enterprise.