Is Xining Traffic Management Group a state-owned enterprise?

Yes In order to implement the suggestions of Qinghai Provincial Party Committee and provincial government on speeding up the reform of transportation system and mechanism, Xining Traffic Management Group was formally established in September 20 19. The company has a registered capital of 30 billion yuan and nearly 8,000 employees, and is supervised by the provincial SASAC. It is the largest provincial state-owned enterprise in Qinghai Province in 2023.