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Is Liaoyang Natural Gas Company a state-owned enterprise?
Yes According to the information of official website of the State Administration for Industry and Commerce, the company's capital is all funded by the state and owned by state-owned enterprises. It is a legally established organization engaged in production and business activities and belongs to state-owned enterprises. Liaoyang China Resources Gas (Group) Co., Ltd. is a large enterprise group established in Hong Kong specializing in city gas, and a wholly-owned subsidiary of China Resources (Group) Co., Ltd., a super-large enterprise directly under the Central State-owned Assets Supervision and Administration Commission. China Resources was established in 1938. After 70 years of pioneering work, China Resources Group has developed into one of the most powerful comprehensive diversified enterprise groups in China Mainland and Hongkong, and the largest diversified enterprise group in China overseas. China Resources Group has assets of over HK$ 350 billion, more than 300,000 employees and more than 10 listed companies in Chinese mainland and Hong Kong. Business involves gas, petrochemical, electric power, real estate, beer, microelectronics, textiles, cement, food, retail and other fields, all of which are at the leading level in China.
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