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Is Wuhu Weihai Shipyard a state-owned enterprise?
Yes According to the information from official website of the State Administration for Industry and Commerce, the capital of Wuhu Weihai Shipyard is all funded by the state and owned by state-owned enterprises. It is a legally established organization engaged in production and business activities and belongs to state-owned enterprises. Wuhu Weihai Shipyard, as an important member of China Shipbuilding Industry Corporation, undertakes important shipbuilding tasks of the country and is responsible for providing services such as ship construction, repair and modification for the country.
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