Is Qingdao Hongda Textile Machinery a State-owned enterprise?

Hongda Textile Machinery Co., Ltd. in this area is a state-owned enterprise.

According to the staff friend's inquiry, Qingdao Hongda Textile Machinery Co., Ltd. is the backbone enterprise of China Textile Machinery (Group) Co., Ltd. and a large national enterprise directly under the Ministry of Textile Industry that produces and manufactures textile machinery.

The company has total assets of 65.438 billion yuan, more than 2,000 employees and more than 65.438 million sets of various processing equipment. It mainly produces more than 300 varieties of textile machinery products in eight categories and 13 series, with annual sales of nearly 400 million yuan.