State Grid Ying Da Group Co., Ltd. is a listed company under State Grid Corporation, and belongs to a comprehensive power financial service group controlled by the state. State Grid is a central state-owned enterprise, which is directly supervised by the State Council State-owned Assets Supervision and Administration Commission.
State Grid Ying Da Insurance Company is a state-owned enterprise initiated by large state-owned backbone enterprises such as State Grid Corporation Asset Management Co., Ltd.. Its registered capital is RMB 36,543.80 billion, and the actual controlling shareholder is State Grid, with a shareholding ratio of over 90%, which is absolute holding. Therefore, State Grid Ying Da Company is a state-owned enterprise.