Is Shaanxi Hande Axle Co., Ltd. a state-owned enterprise?

Shaanxi Hande Axle Co., Ltd. is a state-owned enterprise. Shaanxi Hande Axle Co., Ltd. is a large state-owned high-tech enterprise jointly invested by Weichai Power and Shaanxi Automobile Group on March 23, 2003. Its predecessor was Axle Factory of Shaanxi Automobile Manufacturing General Factory, which was established in 1968, so it is a state-owned enterprise. The company has two factories in Xi 'an and Baoji, a wholly-owned subsidiary, Hande Axle (Zhuzhou) Gear Co., Ltd., and two bases under construction, namely Baoji New Energy Axle Industrial Base and Hande Axle (Zhuzhou) Intelligent Manufacturing Base. The company is a large-scale enterprise with the most scientific and technological content in China axle industry, integrating R&D, manufacturing and sales. The products cover 4 series 102 varieties, and all series of axle assemblies have been equipped with our heavy military off-road vehicles and well-known commercial vehicle enterprises at home and abroad in batches.