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Is Zhaoyuan Gold Mine a state-owned enterprise?
Yes State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively. According to the enterprise survey, the business scope of Zhaoyuan Gold Mine includes gold mining and general cargo transportation. It is an important gold production base, which is of great significance to the country's economic development and strategic resource reserve. Gold is an important precious metal, which plays an irreplaceable role in national economy, finance and strategic reserve. The state needs to control and manage these key resource industries through state-owned enterprises to ensure the stable supply and rational utilization of resources. So Zhaoyuan Gold Mine is a state-owned enterprise.
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