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Is SINOMACH a state-owned enterprise or a central enterprise?

state-owned enterprise

According to Aiqi's inquiry, SINOMACH Seiko Group Co., Ltd. is a state-owned enterprise, which belongs to China National Machinery Industry Group Co., Ltd. (SINOMACH), a fortune 500 enterprise in the world. It is a platform for SINOMACH to expand Seiko business, gather Seiko talents and carry Seiko brand. There are three core enterprises in the company, namely 1958 Luoyang Bearing Research Institute Co., Ltd., 1958 Zhengzhou Abrasives Research Institute Co., Ltd. and 198 1 China Machinery Industry International Cooperation Co., Ltd.