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Is Guo Xin Securities a State-owned Enterprise or a Central Enterprise?
Central enterprises. State-owned enterprises refer to enterprises with more than 5 1% state holding; Central enterprises refer to wholly state-owned enterprises entrusted by the central people's government or the state-owned assets supervision and administration institution to exercise the responsibilities of investors, and their leading bodies are directly managed by the central government or entrusted by the Central Organization Department and other relevant central ministries and commissions; Guo Xin Securities, a central enterprise, is called China Guo Xin Holding Co., Ltd., which is a securities company controlled by state-owned capital and managed by the Central People's Government.
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