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Is Shenzhen International Logistics Development Co., Ltd. a state-owned enterprise?
Yes
Official website shows that Shenzhen International Holdings Co., Ltd. is a red-chip company registered overseas and listed on the main board of the Hong Kong Stock Exchange, and is controlled by Shenzhen SASAC. It is the backbone enterprise listed overseas by Shenzhen Municipal Government and the only state-owned holding enterprise in Shenzhen with logistics as its main business. Therefore, Shenzhen International Logistics Development Co., Ltd. is a state-owned enterprise.
The company has three listed financing platforms: Shenzhen International, Shenzhen Expressway A-share and H-share, and owns 49% of the shares of Shenzhen Airlines and 30 holding companies at all levels. By the end of 20 17, the total assets exceeded HK$ 70.9 billion.
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