Is Guilin Hongqi Company a state-owned enterprise?

Guilin Hongqi Company is a state-owned enterprise. Guangxi Guilin Hongqi Technology Co., Ltd. (hereinafter referred to as Hongqi Technology) is a wholly-owned subsidiary of state-owned Changhong Machinery Factory. Guangxi Guilin Hongqi Technology Co., Ltd. was established on September 7, 1989. The company's business scope includes: wireless video image transmission equipment, digital communication equipment, remote sensing and telemetry equipment, GPS navigation equipment, research and development of civil drones, technical services, manufacturing and sales; Surveying and mapping services; R&D power automation equipment production and sales; Network engineering installation;