The controlling shareholder of Hisense Group Co., Ltd. is Qingdao Huatong State-owned Capital Investment and Operation Group Co., Ltd., and the controlling shareholder of Qingdao Huatong State-owned Capital Investment and Operation Group Co., Ltd. is Qingdao SASAC.
Hisense Group was originally a local state-owned enterprise. After years of development and reform, it has become a large diversified enterprise group. Although Hisense Group has carried out several equity reforms and introduced strategic investors, its state-owned equity still dominates, so it is regarded as a state-owned enterprise.