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Is Chongqing Iron and Steel a central enterprise or a state-owned enterprise?
Chongqing Iron and Steel is both a state-owned enterprise and a state-owned enterprise because state-owned enterprises include state-owned enterprises and state-owned enterprises belong to state-owned enterprises. The ultimate controller of Chongqing Iron and Steel Co., Ltd. is the State Council State-owned Assets Supervision and Administration Commission (SASAC), which has the actual control right. Chongqing iron and steel belongs to central enterprises, because central enterprises belong to state-owned enterprises, so Chongqing iron and steel is also a state-owned enterprise.
According to the enterprise survey, Chongqing Iron and Steel (Group) Co., Ltd. is a large-scale iron and steel joint venture with a history of one hundred years. The predecessor of Chongqing Iron and Steel Co., Ltd. was Hanyang Iron Works founded by the late Qing government of China in 1890. Chongqing Iron and Steel Co., Ltd. is the earliest manufacturer in China to produce pressure vessel steel plates from low temperature, normal temperature, medium temperature to high temperature, and its product quality is stable, which is at the leading level in China.
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