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Is Taizhong Group a state-owned enterprise or a central enterprise?
State-owned enterprises According to Aiqi's investigation, state-owned enterprises refer to the 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 investor's duties on behalf of the country respectively. Enterprises refer to the central people's government (the State Council) or the state-owned assets supervision and administration institutions entrusted to perform the investor's duties. The leading group is a wholly state-owned or state-controlled enterprise directly managed by the central government or entrusted by the Central Organization Department, the State Council SASAC or other central ministries (associations). The full name of Taizhong Group is Taiyuan Heavy Machinery Group Co., Ltd., which was established in 1950 and is controlled by Shanxi State-owned Capital Operation Co., Ltd. 9 1.78%, so Taizhong Group is a state-owned enterprise.
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