Belong to. State-owned enterprises, in international practice, only refer to enterprises invested or controlled by the central government or the federal government of a country. In China, state-owned enterprises also include enterprises invested and controlled by local governments. The will and interests of the government determine the behavior of state-owned enterprises. As a form of production and operation organization, state-owned enterprises have the characteristics of both profit-making legal persons and public welfare legal persons. Its profitability is reflected in the pursuit of maintaining and increasing the value of state-owned assets. Its public welfare is reflected in the fact that the establishment of state-owned enterprises is usually to achieve the goal of national economic regulation and play a role in coordinating the development of all aspects of the national economy. Paragraph 2 of Article 14 of the Company Law stipulates that a company may set up subsidiaries, which have the status of enterprise legal person and independently bear civil liabilities according to law. When a company holds shares in another company, the former is the parent company and the latter is the subsidiary company. A subsidiary is a wholly-owned subsidiary when the parent company holds 100% of the shares, a holding subsidiary with more than 50% of the shares, and a relatively holding subsidiary with less than 50% of all shareholders (such as 40: 30: 30).
legal ground
Company law.
skill
The above answer is only for the current information combined with my understanding of the law, please refer carefully!
If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.