Escort company is an enterprise unit and a special industry that accepts the guidance and management of public security. Escort companies are mainly engaged in providing security services such as armed escort and storage of cash, securities and valuables for financial systems, enterprises, institutions and individuals, and also providing services such as security, security systems and vehicle equipment for customers.
According to the Interim Provisions on the Administration of Security Escort Companies, security escort companies are established by the public security organs of the people's governments at or above the prefecture level or the security service companies established by them, and are wholly-owned or controlled, and foreign investors are not allowed to participate in the shares. This means that escort companies are usually controlled by the government and belong to the category of state-owned enterprises.