Is Renmin Electric Co., Ltd. owned by Renmin Electric Co., Ltd.

No. According to the relevant information of People's Electric Power Co., Ltd. and People's Electrical Appliance Co., Ltd., it was found that People's Electric Power Co., Ltd. is not owned by People's Electrical Appliance Co., Ltd.

1. People's Electrical Appliances Group Co., Ltd. is one of China's top 500 companies and was founded in 1996. People's Electrical Appliances Group takes industrial electrical appliances as its core industry and has four manufacturing bases in Zhejiang, Shanghai, Nanchang and Fuzhou.

2. People's Electric Power Co., Ltd. was established in 2015 and is located in Beijing. It is an enterprise mainly engaged in the cultural and artistic industry.