Is Fuao a state-owned enterprise or a private enterprise?

Fuao Auto Parts Co., Ltd. is a state-owned enterprise. The ultimate controller of the company is the State-owned Assets Supervision and Administration Commission of Jilin Provincial People's Government, which is a general state-owned operating enterprise. Fuao Co., Ltd. is a well-known automobile parts manufacturing enterprise in China, mainly engaged in the production and research and development of automobile parts. Founded in 1998, the company was formerly a wholly-owned subsidiary of China FAW Group. In 2007, the restructuring of state-owned enterprises was completed, and it was listed on China Shenzhen Stock Exchange on 20 13. Mainly for FAW Group's faw liberation, FAW Volkswagen, FAW Toyota, FAW Li Xia, FAW Bus, FAW Light Vehicle and other brand models; In the social market, it is supporting more than 40 automobile manufacturers and OEMs, including Shanghai Volkswagen, Shanghai GM, Dongfeng Shenlong, Shenyang Brilliance, Guangzhou Fengshen, Chery Automobile, China Heavy Duty Truck, North Benz, Anhui Valin and Dandong Huanghai. Some products are exported to the United States, France, Italy, South Korea, Japan and the Middle East.