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Is huaxin cement a central enterprise or a state-owned enterprise?
It is neither a central enterprise nor a state-owned enterprise. Huaxin cement Co., Ltd. was established in 1907, known as the cradle of China cement industry, and registered in Huangshi Municipal Market Supervision Administration. Its shareholding structure consists of multiple shareholders, and there is no single controlling shareholder or government shareholding. Therefore, from the legal and ownership structure, huaxin cement is not a state-owned enterprise. At the same time, huaxin cement has great autonomy in management. Its management and employees hold shares in the company and participate in the decision-making and development of the company.
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