Is Xi'an Hengxiang Control Technology Co., Ltd. a state-owned enterprise?

Xi'an Hengxiang Control Technology Co., Ltd. is a state-owned enterprise. Xi'an Hengxiang Control Technology Co., Ltd. was established in 1998. It is a wholly-owned subsidiary of the Aviation Industry Automatic Control Institute (618 Institute) and is located in Xi'an High-tech Industrial Development Zone. The company is mainly engaged in the research and development, production and technical services of microelectronics, communications, computer software and hardware, and is committed to the operation and development of catering, hotels, property services, commodity trade and other service industries.