Is Ruineng Technology a State-owned Enterprise or a Private Enterprise?

Private enterprises. The reason why Ruineng Technology is classified as a private enterprise is mainly based on its shareholding structure and operating nature. Private enterprises, that is, private enterprises, are profit-making economic organizations invested or controlled by natural persons and based on wage labor. Founded in 2007, Ruineng Technology is a leading supplier of industrial automatic control products in China, focusing on the research and development and application of automatic control technology. Judging from the company's shareholding structure, Ruineng Technology is not directly controlled or owned by the state or the government, but is owned and operated by natural persons or private investors. This means that the company's business decisions and profit distribution are mainly decided by private investors, not by the government or state institutions.