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Is Xiamen Tobacco Company a state-owned enterprise?
It is a state-owned enterprise. Tobacco companies are state monopoly enterprises under the state monopoly system, not government agencies and institutions. Tobacco companies have no civil servants and career establishment personnel. Xiamen Tobacco Industry Co., Ltd., founded in 1990, is located in Xiamen, Fujian Province. It is a large state-owned enterprise with tobacco products as its main business. The registered capital of the enterprise is 5,706,654,380+500,000 yuan, and the paid-in capital is 5,706,654,380+500,000 yuan.
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