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Is Terad a private enterprise or a state-owned enterprise?

Private enterprises. According to the information of official website of the State Administration for Industry and Commerce, Terry De is an organization engaged in production and business activities invested by individual capital, not a state-owned enterprise, but a private enterprise. Teruide Electric Co., Ltd., referred to as Teruide for short, is a high-tech enterprise established in 2004 and headquartered in Qingdao, China. The company is mainly engaged in the system integration business of outdoor box-type power products, and provides related technology development and services.