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Is Xiqing Branch of COFCO Lijin (Tianjin) Cereals and Oils Co., Ltd. a state-owned enterprise?
The Xiqing Branch of COFCO Lijin (Tianjin) Cereals and Oils Co., Ltd. is a state-owned enterprise. Xiqing Branch of COFCO Lijin (Tianjin) Grain and Oil Co., Ltd. is a subsidiary of COFCO Group, also known as COFCO Tianjin Lijin Flour Milling Food Co., Ltd. It is a wholly-owned subsidiary of COFCO Group. COFCO is a state-owned enterprise in China and one of the large state-owned enterprise groups managed by the State-owned Assets Supervision and Administration Commission of the State Council of China. Therefore, COFCO Tianjin Lijin Noodles Food Co., Ltd. is part of a state-owned enterprise. State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies in which the State Council and local people's governments respectively perform investor responsibilities on behalf of the state.
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