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Is Chenzhou Grain Machinery Factory a state-owned enterprise?
Yes According to Zhong Yi Finance Network, Chenzhou Grain and Oil Machinery Co., Ltd. was established in 1967, with fixed assets of 580 million yuan and nearly 700 employees. It is the backbone scientific research and production enterprise of rice processing equipment, grain drying and storage equipment and miscellaneous grains processing equipment in China. The company is headquartered in Chenzhou High-tech Industrial Park in the National Export Processing Zone, and its wholly-owned subsidiary Changsha Wanhua Machinery Co., Ltd. is located in Changsha National High-tech Industrial Park.
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