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Weifang Futian Multifunctional Automobile Factory is a state-owned enterprise?
Not necessarily. There are many types of enterprises, including state-owned enterprises, private enterprises, foreign-funded enterprises and so on. Weifang Futian multifunctional automobile factory is an enterprise, but whether it is a state-owned enterprise or other types of enterprises needs to look at its shareholding structure and registration type to determine. State-owned enterprises refer to enterprises owned or controlled by the state, which are funded by the state or established with state-owned assets. Their business purpose is to serve the national interests and social welfare.
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