Is the power company a state-owned enterprise or a central enterprise

It is a central enterprise. Power companies are directly managed by the State Grid and belong to central enterprises. State Grid is a wholly state-owned company established in accordance with the Company Law of People's Republic of China (PRC) and directly managed by the central government. Therefore, power companies are central enterprises. "State Grid" means "State Grid Company Limited". Its business area covers 26 provinces (autonomous regions and municipalities directly under the central government), and its power supply scope accounts for 88% of the national territory. It is a super-large state-owned key enterprise related to national energy security and the lifeline of the national economy. Central enterprises occupy a dominant position in major industries and key areas related to national security and the lifeline of the national economy, and are an important pillar of the national economy. It is considered that its characteristic is that the financial relationship of assets is listed separately in the Ministry of Finance. Management is listed separately in the national plan; Personnel relations are listed separately in Ministry of Human Resources and Social Security.