Hisense was founded in 1969, and its TV sales in China once reached the first place. Although the company is a private enterprise, Hisense Group Co., Ltd. is indeed a state-owned enterprise in Qingdao.
The 0/00% controlling shareholder of Hisense/KLOC-is Qingdao Huatong State-owned Capital Investment and Operation Group Co., Ltd., and the 0/00% controlling shareholder of the latter/KLOC-is Qingdao SASAC.