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Is Cheng Fei Group a state-owned enterprise or a central enterprise?
Cheng Fei Group is a state-owned enterprise and a central enterprise. According to the information of official website of the State Administration for Industry and Commerce, the capital of Cheng Fei Group is all funded by the state and owned by state-owned enterprises. It is a legally established organization engaged in production and business activities, belonging to state-owned enterprises and central enterprises. Cheng Fei Group was established on 1958. It was originally established as one of the 156 key construction projects aided by the Soviet Union in China. At that time, the code was 132 factory. Since its establishment, Cheng Fei Group has been the main base for research, development, production and export of aviation weapons and equipment in China, and also an important manufacturer of civil aircraft parts. Cheng Fei Group adheres to the concept of "serving the country by aviation and strengthening the country by aviation" and pays attention to.
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