Is Zhongcheng Industrial Group Co., Ltd. a central enterprise?
No, Zhongcheng Industrial Group Co., Ltd. is a state-owned enterprise, but not a central enterprise. State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively. The central state-owned enterprises in China, referred to as "centrally managed enterprises" for short, refer to the central people's government (the State Council) or the state-owned assets supervision and administration institutions entrusted to exercise the responsibilities of investors.