Is Wanxiang Group a state-owned enterprise or a private enterprise?

Wanxiang Group is a private enterprise.

Wanxiang Group, whose full name is Wanxiang Group, is a group company dedicated to cutting-edge research, technology development and application manufacturing in clean energy, mobile intelligent control and other fields to realize global operation. It is also the only auto parts enterprise among the State Council 120 pilot enterprise group and 520 national key enterprises, and is wholly owned by Hangzhou Universal Joint Factory.

Since its establishment, Wanxiang Group has been involved in auto parts, real estate, energy, agriculture and other fields. In the field of auto parts, the group has many well-known brands, including universal Qian Chao, universal bearing, universal transmission shaft and universal joint. Among them, Wanxiang Qian Chao is the leading product of the Group, covering automobile engine parts, automobile chassis parts, automobile electrical parts and other fields.

In the field of energy, Wanxiang Group has become one of the largest lithium battery manufacturers in the world, with many well-known energy projects, including Zhejiang Wanxiang New Energy and Wanxiang Qian Chao New Energy. In the agricultural field, Wanxiang Group is one of the largest grain trading platforms in the world, with many well-known agricultural projects including Wanxiang Agriculture and Wanxiang Food.

At present, Wanxiang Group has won many honors, such as China famous trademark, China famous brand product, China most valuable brand, China enterprise management modernization innovation achievement first prize, national quality award and so on. Its market share in the field of auto parts ranks among the top in the world and it is one of the largest auto parts suppliers in the world.

If you need to know more about Wanxiang Group, I suggest you go to the enterprise to know-check the enterprise for free.