Is Huilai County Industrial Corporation a public institution?

Huilai County Industrial Corporation is not a public institution. Huilai County Industrial Corporation, a private enterprise, was incorporated in Jieyang on June 7, 2002. It belongs to enterprise management organization (private), and its main industry is enterprise management organization with 20 employees.

Private enterprises refer to profit-making economic organizations whose assets are privately owned and employ more than eight people. The means of production of private enterprises are privately owned, and the investment review has the right to possess, use, dispose of and distribute the means of production of enterprises. The production and operation activities of private enterprises are based on wage labor, the means of production of private enterprises are combined with wage labor, and the investors of private enterprises are the managers of production and operation of enterprises.