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Is Yanghe a state-owned enterprise?
The enterprise is a state-owned enterprise.
According to official website information of the State Administration for Industry and Commerce, Yanghe, namely Jiangsu Yanghe Winery Co., Ltd., is a holding subsidiary of Jiangsu Yanghe Group Co., Ltd. (a state-owned enterprise), and the actual controller is Suqian SASAC.
Jiangsu Yanghe Winery Co., Ltd. is located in Yanghe New District, Suqian City, Jiangsu Province. It has two famous wines from China, two Chinese time-honored brands, six well-known trademarks from China, two national 4A scenic spots, two national industrial heritages and one national key cultural relics protection unit.
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