Is Hong Sheng Petrochemical a State-owned Enterprise or a Private Enterprise?

Private enterprises.

According to Baidu Encyclopedia, Hong Sheng Holding Group Co., Ltd., founded in 1992, is a leading enterprise in private economy, committed to building a world-class high-tech industrial cluster of new energy, new materials, and has formed a pattern of "oil, coal and gas", "aromatics" and "olefins", and integrated development of upstream and downstream industrial chains. Focusing on the national strategic direction and the requirements of "double carbon" goal, it is the first in the industry to put forward the transformation goal of becoming a world-class high-tech industrial group of new energy and new materials. During the tenth five-year plan period, the enterprise will be built into a "high-tech industrial group with strong basic raw material support ability, world-leading scientific research and innovation ability and world-class new energy and new material supply ability".

Hong Sheng Holding Group Co., Ltd. is an international high-tech industrial group integrating petrochemical refining, new energy, new materials and high-end textile industry chain. Suzhou, Lianyungang and Suqian have built three industrial bases, and Taizhou and Zhangjiagang plan to build new energy storage projects. Fully form a unique domestic development model of "oil, coal, gas", "aromatic hydrocarbon" and "olefin", and integrate the upstream and downstream industrial chains. At present, the Group has 1 listed companies (Hong Sheng, SZ.00030 1), and branches in Beijing, Shanghai, Hong Kong and Singapore, covering the whole world. In 2022, the revenue will reach 41200 million yuan, ranking 222nd among the "Top 500 Companies in the World", 66th among the "Top 500 Chinese Enterprises",1/kloc-0 among the "Top 500 Private Enterprises in China" and 7th among the "Top 500 Private Enterprises Made in China".