Is ZX Auto a State-Owned Enterprise?
2 Answers
ZX Auto is a state-owned enterprise. Taking the Weihu model under ZX Auto as an example: it is equipped with a 2.5TL4 turbocharged engine, with a maximum torque of 260 N·m and a maximum horsepower of 150 HP. The vehicle features ABS anti-lock braking system, brake force distribution, tire pressure monitoring, driver seatbelt reminder, central locking system, rearview camera, rear radar, and a multifunction steering wheel. The dimensions of the ZX Weihu are 5357mm in length, 1825mm in width, and 1780mm in height, with a wheelbase of 3125mm. It comes with a 6-speed manual transmission, a top speed of 140 km/h, and a body type of a 4-door, 5-seat pickup truck.
Zhongxing Auto is not a state-owned enterprise, I can confirm that; it is a private company, established in 1991 and headquartered in Baoding, Hebei. As someone who enjoys researching the backgrounds of automotive brands, I frequently follow such information. The definition of a state-owned enterprise is one where the state holds or controls a majority stake, with FAW Group being a typical example, while Zhongxing is entirely operated by private capital, primarily promoting SUV and pickup models, such as the Weihu series, which has a good reputation in the market. From a technical perspective, Zhongxing's development strategy is more flexible, with faster innovation speed, often receiving positive feedback in international markets. If you are in the car selection phase, I recommend referring to owner forums or professional reviews to understand the differences in after-sales services among different companies, as non-state-owned enterprises often respond more efficiently. Additionally, the coexistence of private and state-owned enterprises in China's automotive industry reflects the trend of economic diversification. Zhongxing, as a representative of private enterprises, is worth paying attention to for its future developments.
