Is Shanghai Baoye a state-owned enterprise or a central enterprise?

State-owned enterprises State-owned enterprises are enterprises holding more than 50% shares and equal to or greater than 5 1%. The central enterprise is a wholly state-owned enterprise (100%) entrusted by the State Council or the state-owned assets supervision and administration institution. According to Ai Qicha, Shanghai Baoye Group Co., Ltd. was established in 1954. It has the first batch of special qualifications for general contracting of housing construction and smelting projects in China and the highest qualifications for general contracting and professional contracting in China. Its business covers the whole industrial chain of R&D, design, production and construction, and its services cover the whole life cycle of investment, financing, construction and operation. The largest shareholder of the company is China Metallurgical Science and Industry Corporation, with a shareholding ratio of 97.9302%. The company is a state-owned enterprise, so its Shanghai Baoye Group Co., Ltd. is also a state-owned enterprise.