SDIC is a limited liability company, the only investment holding company among central enterprises, and the first batch of state-owned capital investment company reform pilot units. The establishment of state-owned enterprises is simply the employment establishment of formal employees of state-owned enterprises. Employees of state-owned enterprises are roughly divided into four categories, and their internal executives are generally appointed by the state.
State-owned enterprises and enterprises are completely different. The career establishment is funded by the state and works in public institutions. The wages of employees of state-owned enterprises are funded by the enterprises themselves. Entering a state-owned enterprise means signing a labor contract and entering a state-owned enterprise. Admission is the main way to enter state-owned enterprises. Social registration posts are either very demanding or average.
State-owned enterprises can be divided into central state-owned enterprises and local state-owned enterprises. Generally speaking, the central state-owned enterprises are managed by the State Council SASAAC, while the local state-owned enterprises are managed by local SAAC, with two levels of management and different salaries. Local state-owned enterprises have a wide range of business and can be divided into state-owned enterprises. Provincial and municipal state-owned enterprises, county state-owned enterprises, street state-owned enterprises and township state-owned enterprises. State-owned enterprises are not part of the enterprise system and must be responsible for their own profits and losses.