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Is Shenyang Yanfeng Plastic Omnium a state-owned enterprise?

Is Shenyang Yanfeng Plastic Omnium a state-owned enterprise?

Shenyang Yanfeng Plastic Omnium is a company specializing in architectural design, planning and consulting. The company was founded in 2002 and is headquartered in Shenyang, China. Its main customer groups are government agencies, developers, enterprises, institutions and private enterprises. However, there has been much controversy over whether the company is a state-owned enterprise.

The background of Shenyang Yanfeng Plastic Omnium

The predecessor of Shenyang Yanfeng Plastic Omnium is the Shenyang Municipal Design Institute, a design institution founded by the Chinese government. Founded in 1953, the company is one of the key national design institutes, specializing in urban planning, municipal public works, and architectural design. In 2015, the Shenyang Municipal Government restructured the Municipal Design Institute and separated Yanfeng Plastic Omnium from it. Therefore, Shenyang Yanfeng Plastic Omnium originated from a state-owned enterprise, and it is not easy to determine whether it is still a state-owned enterprise after restructuring.

The difference between state-owned enterprises and state-owned enterprises

In China, state-owned enterprises and state-owned enterprises are two different concepts. State-owned enterprises refer to enterprises with legal person status that are funded by the government or managed by authorized economic management agencies. Generally speaking, state-owned enterprises are extremely large in terms of scale, assets and market position. State-owned enterprises refer to enterprises with state ownership. The income, expenses and assets of these businesses are managed by the national government. In China, the number of enterprises owned by state-owned enterprises is very large, covering various industries and fields, such as energy, finance, transportation, communications, etc.

Is Shenyang Yanfeng Plastic Omnium still a state-owned enterprise?

Since Shenyang Yanfeng Plastic Omnium was spun off from a state-owned enterprise, the dispute arose here about whether it is still a state-owned enterprise. . Some experts believe that Yanfeng Plastic Omnium, as an enterprise separated from the Municipal Design Institute, has been greatly helped by the personnel, resources and assets of the government and state-owned enterprises during the entire restructuring process. Therefore, Shenyang Yanfeng Plastic Omnium should still be classified as a state-owned enterprise. However, other experts disagree with this and believe that Yanfeng Plastic Omnium has become a new independent enterprise after the restructuring. In any case, Shenyang Yanfeng Plastic Omnium is a well-known enterprise operating in the Chinese economic market and has made great contributions to urban construction.

Conclusion

In general, although Shenyang Yanfeng Plastic Omnium is a company separated from a state-owned enterprise, its model and operation are still somewhat different from traditional state-owned enterprises. The difference. Yanfeng Plastic Omnium has won widespread trust and praise in the market with its efficient and innovative concepts. Regardless, the company is a very important player in China's urban construction industry.