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Is Yuntianhua a state-owned enterprise or a central enterprise?
Yuntianhua Group is a state-owned comprehensive industrial group mainly engaged in chemical fertilizer, modern agriculture, glass fiber and composite materials, fine chemicals and new materials. More than 50% of the shares of the company are owned by the state. As an important provincial state-owned enterprise, Yuntianhua Group has always kept in mind the background of state-owned enterprises, done a good job in party building, and built a new party building system with Yuntianhua characteristics.
State-owned enterprises refer to enterprises invested or controlled by the government of a country. In China, the meaning of state-owned enterprises is broader, including enterprises invested and controlled by local governments.
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