Qinghai huading is not a state-owned enterprise. Qinghai Huading, namely Qinghai Huading Industrial Co., Ltd., is a private enterprise with CNC machine tools, food machinery, elevator accessories, gear boxes and other products as its main business. The products of Qinghai Huading Industrial Co., Ltd. include machine tools, gear boxes and food machinery.

Qinghai Huading Industrial Co., Ltd. was established on 1998 and 18. The controlling shareholder is Qinghai Heavy Machine Tool Co., Ltd., the actual controllers are Yu and Zhu Sha, and the headquarters is located in the central area of Xining.

Qinghai Huading Industrial Co., Ltd. was listed on the Shanghai Stock Exchange on June 20, 2000. The lead underwriter was Guangfa Securities Co., Ltd., and the listing sponsor was Guangfa Securities Co., Ltd., with the stock code of 600243.

Qinghai Huading Industrial Co., Ltd. is a joint-stock company founded by Qinghai Heavy Machine Tool Plant as the main sponsor, together with Guangdong Wan Ding Enterprise Group Co., Ltd., Panyu Ming Wan Industrial Co., Ltd., Qinghai No.1 Machine Tool Plant and Tangshan Heavy Machine Tool Plant.

Qinghai Huading Industrial Co., Ltd. has successively won the honors of "Top 50 Private Enterprises in Qinghai on 20 19", "National Advanced Enterprise in Quality Management", "National Advanced Collective in Machinery Industry", "Fifth Excellent Enterprise in Qinghai Province" and "First batch of honest enterprises in Qinghai Province".