Non-joint stock state-owned enterprises

Non-state-owned enterprises, whose investors (bosses) are not state-owned (management is represented by SASAC);

Such as private enterprises (also known as private enterprises) and foreign-funded enterprises;

If it is a joint-stock company, the situation is more complicated. Generally speaking, the controlling party is either a state-owned enterprise or a non-state-owned enterprise.

In other words, enterprises with no more than 50% state-owned shares are non-state-owned enterprises.