Founder Securities can be regarded as a state-owned enterprise. Because the major shareholder of Founder Securities is Peking University Founder Group Co., Ltd., which is a state-owned enterprise, the actual operator of Peking University Founder Group is Peking University, and the capital of Peking University belongs to SASAC, Founder Securities is a state-owned enterprise. Founder Securities Business Hall is the next level of Founder Securities and also a state-owned enterprise.
Private enterprises refer to profit-making economic organizations established or controlled by natural persons and based on wage labor. Including private limited liability companies, private joint-stock companies, private partnerships and private enterprises registered in accordance with the Company Law, the Partnership Law and the Provisional Regulations on Private Enterprises. By the end of 20 18, there were15614,000 private enterprises nationwide, accounting for 84. 1% of all legal entities.