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Is Hua Kai company a state-owned enterprise?
It is a state-owned enterprise. Sichuan Hua Kai Engineering Project Management Co., Ltd. is a joint-stock enterprise restructured in June 2004 with a registered capital of 5 million yuan. The 11th Design and Research Institute of Information Industry Electronics Co., Ltd. is the sole shareholder. The Company formulates the Articles of Association in accordance with the Company Law of People's Republic of China (PRC) and the Regulations of the People's Republic of China on the Administration of Company Registration, and implements the general manager responsibility system under the leadership of the board of directors, with the chairman as the legal representative of the Company.
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