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Is Xiangyang Taihe Electric a state-owned enterprise?

Xiangyang Taihe Electric is not a state-owned enterprise. Because Xiangyang Taihe Electric is a private enterprise, Hubei Taihe Electric Co., Ltd. was founded in 1993, covering an area of ??57 acres and currently employs 135 people. Xiangyang Taihe Electric relies on professional technological innovation and application in automatic control, precision machinery, hydraulics, sensors, etc., and is committed to R&D and production in high-tech fields. The innovative concepts and achievements of Xiangyang Taihe Electric Co., Ltd. have also been recognized by government departments at all levels. and recognized as a "provincial high-tech enterprise" and received dozens of government scientific and technological achievement awards at all levels. Xiangyang Taihe Electric is located at No. 3, Zhuiri Road, High-tech Zone, Xiangyang City, Hubei Province.