Is Xingcheng Special Steel a central enterprise or a state-owned enterprise?
State-owned enterprises Central enterprises are directly managed by the State Council. State-owned enterprises refer to enterprises with more than 50% state holding and managed by the government. Xingcheng Special Steel refers to Jiangyin Xingcheng Special Steel Co., Ltd., which was established in 1994. Is more than 50% owned by the state and managed by government departments. So it is a state-owned enterprise.