State-owned holding is a personal capital announced by the National Committee for Examination and Approval of Scientific and Technological Terminology in 2020. In joint-stock companies, only when the state-owned shares reach a certain proportion can the state legally and effectively exercise its control over enterprises.
State-owned holding enterprises refer to enterprises whose state capital shares account for a relatively high proportion of the total capital of enterprises and are actually controlled by the state. Including absolute holding enterprises and relative holding enterprises. State-owned absolute holding enterprises refer to enterprises with more than 50% (including 50%) of state-owned capital, including state-owned enterprises that have not been restructured.
A state-owned relative holding enterprise refers to an enterprise whose proportion of state-owned capital is less than 50%, but relatively higher than that of other economic components in the enterprise (relative holding), or an enterprise that is not greater than other economic components, but is actually controlled by the state according to the agreement (agreement control).
Enterprises jointly invested by three parties, two of which are state-owned enterprises, and the sum of state-owned capital exceeds 50%, should not calculate the state-owned capital according to the sum of the two enterprises, but according to the part actually controlled or controlled by the enterprise.