Is Shandong Expressway a central enterprise or a state-owned enterprise?

Shandong Expressway is a state-owned enterprise. Shandong expressway Co., Ltd. was established by Shandong expressway Group Co., Ltd. and Huajian Transportation Economic Development Center on June, 2002 165438+ 10/6, and listed on Shanghai Stock Exchange on March, 2002 18. Shandong expressway Co., Ltd., referred to as "Shandong Expressway", formerly known as Shandong Infrastructure Co., Ltd. and Shandong expressway Co., Ltd.

Shandong expressway Co., Ltd. is mainly engaged in transportation infrastructure investment and operation in the upstream and downstream of expressway industrial chain and equity investment in related industries.

Shandong Expressway Group is a large state-owned enterprise group, which is managed by the leading group of the provincial party committee and the provincial SASAC. The main business covers the investment, construction, operation and management of transportation infrastructure and intelligent transportation, the comprehensive development of supporting land, logistics and related supporting services, and the investment and management of financial assets.

In the middle of 2008, the number of shareholders of Shandong Expressway increased, and the proportion of institutional positions decreased. The latest quarter shows that the per capita shareholding of the stock has declined. The latest institutional position is 22. 16%, and some institutions have lowered their views on the stock, and their positions have been lowered by -5.22%.

The difference between Shandong expressway and Qilu expressway

Refers to the internal expressway built, maintained and operated by Shandong Expressway Group and Qilu Transportation Development Group respectively in Shandong Province. Shandong is the first state-owned enterprise of Shandong Expressway Group. Later, Qilu Transportation Development Group was established, and the main businesses of the two companies were basically the same. In 2020, the provincial government merged the two companies, still called Shandong Expressway.

state-owned enterprise

State-owned enterprises, in international practice, only refer to enterprises invested or controlled by the central government or the federal government of a country. In China, state-owned enterprises also include enterprises invested and controlled by local governments. The will and interests of the government determine the behavior of state-owned enterprises.

As a form of production and operation organization, state-owned enterprises have the characteristics of both profit-making legal persons and public welfare legal persons. Its profitability is reflected in the pursuit of maintaining and increasing the value of state-owned assets. Its public welfare is reflected in the fact that the establishment of state-owned enterprises is usually to achieve the goal of national economic regulation and play a role in coordinating the development of all aspects of the national economy.

In particular, it is pointed out that in China, apart from the central enterprises in a broad sense and a narrow sense, the responsibility of a single central enterprise in the process of national social and economic development is quite special. These central enterprises are directly managed by the State Council and belong to the ministerial level.