Is evergreen cement plant a state-owned enterprise?
It is a state-owned enterprise. According to official website, the funds of the State Administration for Industry and Commerce and the Evergreen Cement Plant are all funded by the state and owned by state-owned enterprises. It is a legally established organization engaged in production and business activities and belongs to state-owned enterprises. Cement plant was invested and built by the state in September 1958, and it is one of the large cement enterprises in China. By the end of 2023, the number of employees had exceeded 6,000.