What does it mean that the company has no shareholders but only the competent department in the enterprise survey?

Shares directly held, hidden or undisclosed by the competent department.

In the enterprise survey, if a company does not show shareholders, only the competent department is the direct controlling shareholder of the company, that is, the company is wholly owned by the competent department.

Some companies choose not to disclose their shareholding structure, or only show this information to some people. This is to protect the company's business secrets, or because the company's shareholding structure is complex or sensitive.