Is Wanhua Chemical a private enterprise or a state-owned enterprise?
The controlling shareholder of Wanhua Chemical Group Co., Ltd. is Yantai Guofeng Investment Holding Group Co., Ltd., which is actually supervised by Yantai SASAC and headquartered in Yantai City, Shandong Province.
Wanhua Chemical Group Co., Ltd. is a globally operated chemical new material company, and its service industries include life and home, sports and leisure, construction industry, personal care and green energy.
State-owned enterprises, that is, state-owned enterprises, refer to enterprises whose capital is invested by the central and local state-owned assets supervision and administration institutions and other departments at the same level and step by step, and the state has ownership or control over their capital.