hikvision was owned by china electronics technology hik group co., ltd. (hik group, ), a wholly owned subsidiary of china electronics technology group, which has a 39.59% stake. china electronics technology group is a state-run enterprise that is owned and supervised by the state-owned assets supervision and administration commission of the state council. china electronics technology group holds an additional 1.96% stake of hikvision via its 52nd research institute (). the chairman of hikvision, chen zongnian (), is also the chairman and the party committee secretary of hik group, and head of the aforementioned research institute.