Is China Petroleum Jidong Oilfield Company a state-owned enterprise?

Yes State-owned enterprises, state-owned shares occupy more than 50% of absolute control, can also be called state-owned enterprises. China Petroleum Jidong Oilfield Company was established on June 5, 2000. The registration authority is Tangshan caofeidian area Market Supervision Administration, and its address is located in Jidong Oilfield, Xinhua West Road, lubei district, Tangshan, Hebei. The proportion of state-owned shares has exceeded 5 1%, reaching 100%. Therefore, China Petroleum Jidong Oilfield Company is a state-owned enterprise.