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Is Yueqing Transportation and Water Conservancy Investment Group a state-owned enterprise or a central enterprise?

Yueqing Transportation and Water Conservancy Investment Group is a state-owned enterprise.

Yueqing Transportation and Water Conservancy Investment Group Co., Ltd. is a state-owned enterprise managed by Yueqing Municipal Government, formerly known as Yueqing Infrastructure Co., Ltd., founded in 1997. After two integration and transformation, it was listed in February 20021.

Brief introduction of Yueqing Transportation and Water Conservancy Investment Group;

Yueqing Communications and Water Conservancy Investment Group has 9 wholly-owned and holding subsidiaries, 2 shareholding subsidiaries and 32 affiliated units, including Communications Group, Hydropower Group, Port Company, Huwuling Tunnel Construction and Development Company, Infrastructure Construction Company, Yueqing Bay Port Area Shugang Highway Engineering Construction Company, Expressway Development Company, Government Economic Development Center and Jiaocheng New Materials Company. It is a major investment enterprise in major transportation and water conservancy infrastructure projects in Yueqing.

The business scope of Yueqing Transportation and Water Conservancy Investment Group includes general projects: asset management services invested by its own funds; Engineering management services; Corporate headquarters management; Development of rail transit operation management system: development of intelligent water system; Water conservancy related consulting services; Non-metallic minerals and products sales; Earthwork construction; Sales of building materials; Building stone processing; Labor service (excluding labor dispatch) (except for projects subject to approval according to law, business activities shall be independently carried out according to law with business license). Permitted projects: construction projects; Hydroelectric power generation; Supervision of water conservancy project construction; Exploitation of mineral resources in non-coal mines; Shipbuilding; Repair the ship.