What is the establishment of a state-owned company?

State-owned companies are established by state-owned enterprises. The establishment of state-owned enterprises is the employment establishment of formal employees of state-owned enterprises. Simply put, it is to sign labor contracts directly with state-owned enterprises, which are called employees of state-owned enterprises. Senior executives of state-owned enterprises are appointed by the state, such as the party secretary and the party secretary of the chairman of Baosteel Group Co., Ltd., all of which are compiled by the state and are deputy ministerial level; The official trade union of state-owned enterprises will sign an open-ended labor contract with the unit, which is also commonly known as the employees in the establishment; State-owned enterprise contract workers sign contracts with units for a certain period of time, and then sign or leave after the expiration of the contract; Temporary workers, as labor dispatch arrangements to work in this unit, but the actual contract is signed by the labor dispatch company; In international practice, it only refers to enterprises invested or controlled by the central or federal government of a country; In China, the will and interests of state-owned enterprises, including those controlled by local investment, determine their behavior; As a form of production and operation organization, state-owned enterprises have the characteristics of both profit-making legal persons and public welfare legal persons; Its profit is reflected in the pursuit of maintaining and increasing the value of state-owned assets; Its public welfare is reflected in the fact that the establishment of state-owned enterprises is usually to achieve the goal of national economic regulation and play a role in coordinating the development of all aspects of the national economy.