Is Haitian Precision Industry a state-owned enterprise

Haitian Precision Industry is not a state-owned enterprise, but a private enterprise. Haitian Precision Industry, or Ningbo Haitian Precision Industry Co, Ltd, is a listed company specializing in the manufacture of CNC machine tools. The company's de facto controllers are Zhang Jingzhang and Zhang Jianming, among others, and there is no state-owned capital involved, so it does not meet the definition of a state-owned enterprise.

Haitian Precision's main business is the research, development, production and sales of high-end CNC machine tools. The company has been y engaged in the field of high-end CNC machine tools for more than 20 years, and is a leading enterprise in the domestic industry. The company has a rich product line, mainly including CNC gantry machining centers, CNC horizontal lathes, CNC vertical machining centers, CNC horizontal machining centers, CNC vertical lathes and CNC floor boring and milling machining centers. These products are widely used in many fields such as traditional machinery industry, automotive industry, electric power equipment, railroad locomotives, aerospace and mold manufacturing.

Haitian Precision has a number of production bases, including Ningbo Dagang Manufacturing Base, Ningbo Yanshan Manufacturing Base, Dalian Haitian Precision Manufacturing Base, as well as an intelligent production base for high-end CNC machine tools in Ningbo, which is under construction. The production bases have more than 500,000 square meters of constant temperature assembly plant, reflecting the company's large-scale production capacity in the field of CNC machine tool manufacturing. In addition, the company has the domestic "product coverage is the most extensive, production and sales" of the gantry machining center production base, showing the company's leading position in this field and scale advantage.