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Why does Shijiazhuang Jingcheng belong to state-owned enterprises?

Because it is invested by the government. The full name of Shigang Jingcheng is Shigang Jingcheng Equipment Technology Co., Ltd., which is located in the coastal industrial base park of Yingkou City, Liaoning Province. It was established on May 6th, 1992, and was jointly funded by Shijiazhuang Municipal People's Government and MCC Jingcheng Engineering Technology Co., Ltd. * *. Because it is invested by the government, it is a state-owned enterprise. Main business: heavy equipment blank manufacturing, heavy mechanical and electrical equipment development and manufacturing, roller development and manufacturing, etc.