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Is Hisense a state-owned enterprise or a private enterprise?

The company is a state-owned enterprise.

The controlling shareholder of Hisense Group Co., Ltd. is Qingdao Huatong State-owned Capital Investment and Operation Group Co., Ltd., and the controlling shareholder of Qingdao Huatong State-owned Capital Investment and Operation Group Co., Ltd. is Qingdao SASAC.

Hisense Group was originally a local state-owned enterprise. After years of development and reform, it has become a large diversified enterprise group. Although Hisense Group has carried out several equity reforms and introduced strategic investors, its state-owned equity still dominates, so it is regarded as a state-owned enterprise.