Is Yihua Group a state-owned enterprise or a central enterprise?

This company is a state-owned enterprise.

According to the enterprise survey, Yichang Chemical Plant was formerly known as 1977, which means that history is closely related to the national industrialization process and has historical significance. Yihua Group is wholly owned by the State-owned Assets Supervision and Administration Commission of Yichang Municipal People's Government, which means that the ownership and control belong to the state and it is a state-funded enterprise.

Yihua Group plays an important role in the national chemical industry. It is one of the 520 key enterprises in China and one of the top ten most influential representative enterprises in China petrochemical industry. Its business scale, economic benefits and social benefits all reflect the characteristics of state-owned enterprises.