Is red-violet a state-owned enterprise or a private enterprise in the Ninth Five-Year Plan?
State-owned enterprises State-owned enterprises refer to the ownership or control of their capital by the state. Private enterprises refer to enterprises invested or controlled by natural persons. The full name of Honglian Ninth Five-Year Plan is Beijing Honglian Ninth Five-Year Plan Information Industry Co., Ltd., which belongs to CITIC Group and is held by the State Council 100%, so Honglian Ninth Five-Year Plan is a state-owned enterprise.