What is the nature of construction engineering co., ltd?

Legal analysis: It is a limited liability company. A limited liability company, also known as a limited company, is an enterprise legal person whose shareholders are liable to the company to the extent of their capital contribution, enjoy the benefits according to their share proportion, and the company is liable to the company's debts with all its assets.

Legal basis: People's Republic of China (PRC) Company Law.

Article 26 The registered capital of a limited liability company is the capital contribution subscribed by all shareholders registered with the company registration authority.

Where laws, administrative regulations and decisions of the State Council have other provisions on the paid-in registered capital and the minimum registered capital of a limited liability company, those provisions shall prevail.

Article 27 Shareholders may make capital contributions in cash or in kind, intellectual property rights, land use rights and other non-monetary properties that can be valued in money and can be transferred according to law. However, except for the property that cannot be used as capital contribution as stipulated by laws and administrative regulations.

Non-monetary property as capital contribution shall be evaluated and verified, and its value shall not be overestimated or underestimated. Where there are provisions in laws and administrative regulations on evaluation and pricing, those provisions shall prevail.