What does a state-owned holding company mean?

A state-owned holding company refers to a company whose majority of shares are controlled by the government or state-owned enterprises. In such companies, the government or state-owned enterprises usually hold more than 50% of the shares, so they have decisive voting rights, which can influence the company's operating principles and decisions.

State-owned holding companies play a vital role in China's economy. They are usually the economic leaders of China, and they can also contribute to the development and stability of the country. Because these companies usually have strong strength and resources, they are often regarded as stable investment targets.

State-owned holding companies are usually the strategic pillars of local or national economy, which means that the success or failure of these companies directly affects the development of related industries and even the stability of the whole economy. Therefore, the government usually takes control measures to ensure that these companies can actively abide by relevant laws and regulations and give full play to their important role in the economy.