Is the controlling shareholder of mass transit a state-owned enterprise?

It is Shanghai Volkswagen Public Utilities (Group) Co., Ltd. (shareholding ratio of Volkswagen Transportation (Group) Co., Ltd.: 19.82%)

Actual controller: Shanghai Volkswagen Enterprise Management Co., Ltd. (shareholding ratio of Volkswagen Group Co., Ltd.: 3.96%)

Ultimate controller: Employee Stock Ownership Association (public transportation (Group) Co., Ltd. holds 3.57%)