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Is Chengdu Dongfang Urban and Rural Construction and Development Co., Ltd. a state-owned enterprise?
Chengdu Oriental Urban and Rural Construction and Development Co., Ltd. is a state-owned holding enterprise jointly funded by Chengdu Xingcheng Investment Group Co., Ltd. and Chengdu Vocational College of Agricultural Science and Technology. Its business scope covers the investment, construction and operation management of urban infrastructure, public facilities, transportation facilities and water conservancy facilities, as well as land consolidation and development and real estate development. Although one of the shareholders of the company is the state-owned Chengdu Xingcheng Investment Group Co., Ltd., according to the public information of official website, Chengdu East Urban and Rural Construction and Development Co., Ltd. is not a state-owned enterprise. This is because different regions and industries have different definitions and classifications of state-owned enterprises, which leads to the nature of the company being classified as state-owned holding enterprises rather than state-owned enterprises.
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