Hikvision originated from a Chinese government research institute.
This is uncommon in the West but frequent in China. Hikvision was founded from the Chinese government's "No. 52 Research Institute", one of dozens of research institutes that the Chinese government has founded in various electronics / technology domains.
Indeed, to this day, as financial records show, the Chinese government remains the 'controlling shareholder' of Hikvision. By contrast, Hikvision's PR organization obscures their origin and downplays the government ownership as just one of many 'shareholders' rather than the controlling one it is.
The Chinese government division that founded Hikvision is the China Electronic Technology Corporation Group (CETC), which they explain "is made up of 58 member units and 8 listed companies." Originally, Hikvision was one of the member units, as one of numerous research institutes. Later, it was promoted to a CETC 'listed' company, when the Chinese government listed Hikvision in the Shenzhen stock exchange.
Connection Government / 52nd / Hikvision