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Is Ningbo Port Co., Ltd. a state-owned enterprise?
Ningbo Port Co., Ltd. is a state-owned enterprise; Ningbo Port Co., Ltd. is the controlling shareholder, and Ningbo Port Group holds 74.45% of the shares, which is an absolute holding. Ningbo Port Group is a wholly state-owned enterprise with 0/00% holding by Ningbo State-owned Assets Supervision and Administration Commission/KLOC, and belongs to Ningbo municipal state-owned enterprise. Therefore, Ningbo Port Co., Ltd. is also a state-owned enterprise in Ningbo.
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