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Is CITIC Yu Bingxuan a state-owned enterprise or a central enterprise?

CITIC Yu Bingxuan is a central enterprise. According to the employment network of Henan Polytechnic University graduates, CITIC Yu Bingxuan Co., Ltd. is a joint-stock company jointly funded by CITIC Bank and Chinalco Co., Ltd. As the largest manufacturer of aluminum wheels and chassis parts in China, Yu Bingxuan Company has a long history and strong strength. It is not only a leader in the aluminum wheel industry, but also plays a decisive role in the field of automobile parts. At the same time, as one of the leading commercial banks in China, CITIC Bank also has strong financial strength and extensive business. CITIC Yu Bingxuan Co., Ltd. is the world's leading manufacturer of aluminum wheels. It is the first aluminum wheel hub manufacturer invested by China CITIC Group Corporation 1988 in Chinese mainland. Its predecessor was Yu Bingxuan Wheel Manufacturing Co., Ltd.