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Will Guangdong Hua Fu Machinery Group Co., Ltd. be transformed into a state-owned enterprise?

No. Guangdong Hua Fu Machinery Group Co., Ltd. is a private company engaged in metal products and mechanical equipment business. As of July 20, 2023, it will not be converted into a state-owned enterprise. Guangdong Hua Fu Machinery Group Co., Ltd. is located in Gangkou Middle Road, Jiangcun Village Committee, Liu Le Street, Shunde District, Foshan City, and was established on August 29th, 20001year.