Is Yangnong Chemical a central enterprise or a state-owned enterprise?

State holding. Jiangsu Yangnong Chemical Group Co., Ltd. (hereinafter referred to as "Yangnong") is a state-owned holding enterprise (a member of Sinochem Group), mainly engaged in research and development, production and sales of basic chemicals, new pesticides, new materials, new energy and other products. It is one of the top three enterprises in the national pesticide industry, a national high-tech enterprise and a demonstration unit of the national employment practice base for college graduates.

Jiangsu Yangnong Chemical Co., Ltd. has such a holding relationship: Yangnong Chemical Co., Ltd.-Yangnong Chemical Group Co., Ltd.-Sinochem International (Holdings) Co., Ltd.-China Sinochem Co., Ltd.-China Sinochem Group Co., Ltd.

China Sinochem Group is a state-owned enterprise directly supervised by SASAC the State Council;

Ranked 39th in the list of central enterprises in the State Council. Therefore, the central state-owned capital represented by Sinochem Group has the ultimate control over Yangnong Chemical, which should be regarded as the nature of central enterprises. If it is a central enterprise, it is naturally a state-owned enterprise.

However, Yangnong Chemical has been listed, and besides state-owned shareholders, there are also non-state-owned shareholders. Therefore, Yangnong Chemical is not a wholly state-owned enterprise, but a state-owned joint-stock enterprise with state-owned shares.