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Is Wolong Electric a State-owned Enterprise or a Private Enterprise?

Wolong Electric is a private enterprise.

Wolong electric group co., ltd is a private enterprise. The company is located in Shangyu Economic Development Zone, Zhejiang Province, and currently has 4 business divisions and 8 holding subsidiaries. Among them, the holding subsidiaries include the household motor company which is a joint venture with Panasonic of Japan and Ou Li Wolong Vibration Machinery Co., Ltd. which is a joint venture with Ouli of Italy. This information shows that Wolong Electric is a private enterprise, not a state-owned enterprise.