To see whether an enterprise is a state-owned enterprise, we must first look at the nature of the shares that occupy the controlling stake in this enterprise. The shares that control the capital are state-owned, that is, state-owned enterprises.
In the equity structure of Dongfeng Motor Group Co., Ltd., Dongfeng Motor Company holds the controlling share, and Dongfeng Motor Company is a state-owned enterprise. Then, Dongfeng Motor Group Co., Ltd., a subsidiary invested by Dongfeng Motor with its assets, is also a state-owned enterprise.
Extended data:
Dongfeng Motor Group Co., Ltd. is a holding subsidiary of Dongfeng Motor Corporation (stock code: 00489.HK) listed on the Hong Kong Stock Exchange. It is the main capital operation platform of Dongfeng Motor Corporation and one of the largest listed companies in China automobile industry at present. On March 6th, 2006, the company was incorporated into hang seng china enterprises index, becoming the only listed company representing the automobile industry in China among the 37 constituent stocks of the H-share index. Registered address of the company: Dongfeng Avenue 1, Wuhan Economic and Technological Development Zone, Wuhan City, Hubei Province.
In August of 20 15, Dongfeng Motor ranked 26th in the list of "Top 500 Chinese Manufacturing Enterprises in 20 15" sponsored by China Manufacturing Enterprises Association.
References:
Baidu Baike-Dongfeng Motor Group Co., Ltd.