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Is Kunshan Xianliang Auto Parts Company a state-owned enterprise or a private enterprise?

Kunshan Xianliang Auto Parts Company is neither a state-owned enterprise nor a private enterprise, but a foreign-invested enterprise. Kunshan Xianliang Auto Parts Company refers to Xianliang (Kunshan) Auto Parts Co., Ltd. According to Qichacha, Xianliang (Kunshan) Auto Parts Co., Ltd. was registered and established at the Kunshan Municipal Administration for Market Regulation on November 10, 2008. The company type of Xianliang (Kunshan) Auto Parts Co., Ltd. is a limited liability company (foreign joint venture). It can be seen that Kunshan Xianliang Auto Parts Co., Ltd. is a foreign-invested enterprise. Foreign-funded enterprises are an independent enterprise like state-owned enterprises and private enterprises and cannot be regarded as private enterprises. Therefore, Kunshan Xianliang Auto Parts Company is neither a state-owned enterprise nor a private enterprise, but a foreign-funded enterprise.