Is Jihua Group a state-owned enterprise or a central enterprise?

Jihua Group is both a state-owned enterprise and a central enterprise.

Jihua Group Co., Ltd. is an arms production guarantee company, established on June 26, 2009. The main business of Jihua Group Co., Ltd. is the production and sales of clothing, shoes and hats, textile printing and dyeing, leather accessories and rubber products. The company is the production guarantee base of military supplies for China Army and Armed Police Force.

Enterprise business: the main business is the production and sales of clothing, shoes and hats, textile printing and dyeing, leather accessories and rubber products; Investment and management of medicine, chemical industry and resource development; Industrial investment and management; Import and export business, technology development, technical services and management consulting.

Jihua Group Co., Ltd. is the largest production support base for munitions in China, the largest production base for R&D and professional wear in China, and the largest production base for R&D and professional shoes and boots in China. It is the market leader of special accessories and special protective articles in China. Jihua Group Co., Ltd. has maintained a double-digit growth rate for three consecutive years. In 2008-2009, it ranked 15 in the "Top 500 Textile and Apparel Enterprises in China", 6 in the "Top 500 Garment Industry in China" and 65,433 in the "Top 500 Textile and Apparel Industry in China". In 2009, it was rated as "One Hundred Innovative Demonstration Enterprises in China" and "The Most Innovative Enterprise in China". In May 2020, the list of "Top 500 Chinese Brands in 2020" was released, and Jihua Group ranked 254th.

On July 27th, 2020, the 2020 Fortune China 500 list was released, and Jihua Group Co., Ltd. ranked 440th.

Jihua Group Co., Ltd. will continue to maintain and carry forward the fine tradition and style of military enterprises, serve national defense construction, decorate people's lives, build first-class brands, enhance competitive strength, and make every effort to build the world's strongest and largest munitions production and supply base, the world's strongest and largest professional clothing R&D and production base, the world's strongest and largest professional shoes R&D and production base with its unique charm and style, so as to build a world-class enterprise group. Its parent company is Xinhua International Group, which is one of more than 100 central enterprises directly under the SASAC. It is a wholly-owned subsidiary of Xinhua International Group.