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Is Ordos Electric Power Metallurgical Group a state-owned enterprise?
Not a state-owned enterprise. The standard of state-owned enterprises is 5 1% absolute holding of state-owned shares, while Erdos Electric Metallurgical Group Co., Ltd. is a state-owned enterprise, which belongs to China Energy Investment Group Co., Ltd., and Erdos Electric Metallurgical Group Co., Ltd. holds 20% of its shares, and all its assets are owned by the state, which does not meet the standards of state-owned enterprises. Therefore, Ordos Electric Metallurgical Group is not a state-owned enterprise.
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