Is Beijing Chengtou Water Group Co., Ltd. a state-owned enterprise?

Beijing Chengtou Water Group Co., Ltd. is a state-owned enterprise. The structure and management mode of Beijing Chengtou Water Group Co., Ltd. is close to that of government agencies and institutions, but it is actually a state-owned enterprise. City investment companies are basically local governments, ma3 jia3 and clique. It undertakes the functions of financing and agent construction, and its main business is infrastructure construction, water, gas, public transportation and resettlement housing management. These units are the leading enterprises in the local state-owned assets system, enjoy the franchise rights of the industry, have a monopoly position, and their work stability is second only to that of government agencies and institutions.