Is Longyan Approximate Trading Co., Ltd. a state-owned enterprise?

Longyan Approximate Trading Co., Ltd. is a state-owned enterprise.

Longyan Approximate Trading Co., Ltd. is an enterprise invested and established by a wholly-owned subsidiary of Longyan Lv Wen Huijin Development Group Co., Ltd. The two major shareholders of Longyan Lv Wen Huijin Development Group Co., Ltd. are the State-owned Assets Supervision and Administration Commission of Longyan Municipal People's Government and the Fujian Provincial Department of Finance, so Longyan Approximate Trading Co., Ltd. is a state-owned enterprise.

Longyan approximate trading co., ltd. business scope includes fresh fruit wholesale; Wholesale of edible agricultural products; Wholesale of aquatic products; Health food (prepackaged) sales; Agricultural and sideline products sales; Livestock and poultry acquisition; Sales of labor protection articles; Sales of knitted textiles and raw materials; Office supplies sales; Wholesale of sporting goods and equipment; Wholesale of handicrafts and collectibles (except ivory and its products); Sales of coal and products; Sales of chemical products (excluding licensed chemical products); Sales of metal materials; Non-metallic minerals and products sales.

Scope of state-owned enterprises

State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the country respectively, including enterprises at the same level and enterprises formed by investment step by step under the supervision of central and local state-owned assets supervision and administration institutions and other departments.

State-owned enterprises have ownership or control over their capital, and the will and interests of the government determine the behavior of state-owned enterprises. State-owned enterprises are the backbone of national economic development and the pillar of Socialism with Chinese characteristics.

As an organizational form of production and operation, state-owned enterprises have both commercial and public welfare characteristics. Their commerciality is reflected in the pursuit of maintaining and increasing the value of state-owned assets, and 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.

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