Is Sanhuan Group a state-owned enterprise?

Sanhuan Group is a state-owned enterprise. At present, the restructuring of Sanhuan Group continues to advance, and it is still a state-owned enterprise. However, according to the latest plan, after the reorganization is completed, the state-owned assets plan to completely withdraw from the Sanhuan Group, and the private capital will hold the Sanhuan Group. This kind of reorganization is different from the general mixed reform, closer to the disposal of assets, and more conducive to the preservation and appreciation of state-owned assets. After the reorganization, Wuhan Gold Industry Group Co., Ltd. will hold 99.97% of the shares of Sanhuan Group.

Company background of Sanhuan Group

Sanhuan Group Company is a large-scale state-owned manufacturing enterprise that the State-owned Assets Supervision and Administration Commission of Hubei Provincial People's Government performs the responsibilities of investor, with total assets of 654.38+0.5 billion yuan. Mainly engaged in the manufacture and operation of special purpose vehicles, special vehicles, military vehicles, auto parts and CNC forging machine tools, and its "Xiangyang Bearing" is listed in Shenzhen. Its subsidiaries are located in Wuhan, Shiyan, Xiangyang, Suizhou, Huangshi, Xianning and Huanggang.

The company is a leading enterprise in the mechanical automobile industry in Hubei Province and a national automobile parts export base enterprise. It has been rated as "Top 500 Manufacturing Enterprises in China", "Contract-abiding and Credit-abiding Enterprises in China" and "Excellent Integrity Enterprises in China" for many years.