Is Shandong Expressway Group a state-owned enterprise or a central enterprise?

This company is a state-owned enterprise.

Shandong Expressway Group is one of the important enterprises in Shandong. Shandong Expressway Co., Ltd. is jointly funded by Shandong Expressway Group and Huajian Transportation Economic Development Center. Founded in 1999, it was successfully listed on the Shanghai Stock Exchange in 2002.

Shandong Expressway Group has made outstanding contributions to the economic construction of Shandong and even the whole country with its steady operation and excellent performance. Shandong Expressway Group has a huge registered capital and a considerable number of tradable shares, and its annual operating income and net profit are maintained at a high level. By the end of 2008, the company's total assets and net assets showed strong strength.