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Is Caofeidian Coal Terminal a factory or a mining enterprise?
Caofeidian Coal Terminal is of course a factory and mine enterprise. It is a joint-stock cooperative enterprise jointly funded by several state-owned enterprises. To say who owns it, it can only be said that the largest shareholder, the National Development and Investment Corporation, manages the party's relations on its behalf. However, the board of directors is the highest decision-making organ of the company's daily decision-making, and the directors are elected according to the equity, and each director has one vote. The shareholders' meeting is the decision-making body for major issues, and the voting right is proportional to the equity.
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