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Is Baoding 604 Factory a central enterprise?
The enterprise is not a central enterprise.
Baoding 604 Factory is the first of the eight factories in the western suburbs to set up a factory in Baoding, which is a state-owned enterprise. Factory 604, named Baoding Banknote Paper Factory, is a subsidiary of China People's Bank and one of the largest banknote paper factories in China.
Baoding 604 Factory, founded in 1964, is a typical state-owned enterprise invested by the state. The products of Factory 604 are mainly supplied to the People's Bank of China for printing RMB and foreign currency.
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