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Is Hong Xin Jianfa a state-owned enterprise or a central enterprise?
State-owned enterprises State-owned enterprises are referred to as state-owned holding enterprises for short. The assets and operations of state-owned enterprises are directly supervised by state policies. As a state-owned enterprise, Jianfa Group is controlled by the state and local governments in terms of equity and management rights, and undertakes the important task of national economic construction and development. State-owned enterprises occupy an important position in the national economy and are one of the important means of national macro-control. Compared with central enterprises, state-owned enterprises are smaller in scale and influence, but they play an irreplaceable role in the local economy. As a state-owned enterprise, Jianfa Group has made positive contributions to economic construction, social development and improvement of people's livelihood.
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