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

Wolong Group is a state-owned enterprise.

Wolong Group is a state-owned enterprise in China, which is directly managed and supervised by China Electric Machinery Industry Association. Wolong Group, as a state-owned enterprise, is guided and supervised by national policies in its operation and management. State-owned enterprises occupy an important position in China's economy, have national background and resource advantages, and have great scale and influence.