Is Wanhua Group a state-owned enterprise or a private enterprise?
State-owned enterprises State-owned enterprises refer to state-owned enterprises, which are production and business units owned, operated or controlled by the state. According to Aiqi's inquiry, Wanhua Chemical Group Co., Ltd. was established in 1998 12 16, and was registered and cancelled in Yantai Municipal Market Supervision Administration. It is controlled by Yantai Guofeng Investment Holding Group Co., Ltd. and other state-owned enterprises. To sum up, Wanhua Group is a state-owned enterprise.