Are wholly-owned subsidiaries of state-owned enterprises full employees of state-owned enterprises?
A wholly-owned subsidiary of a state-owned enterprise is not a formal employee of a state-owned enterprise. A wholly-owned subsidiary of a state-owned enterprise is a subsidiary of a state-owned enterprise, and all its shares belong to the parent company, so its operation and management, like the parent company, are controlled and supervised by the parent company. However, because the subsidiary is an independent legal person, whether the employees of the wholly-owned subsidiary of state-owned enterprises are regular employees depends on whether the wholly-owned subsidiary of state-owned enterprises and the parent company have signed corresponding contracts. If there are corresponding contracts, they are regarded as regular employees. State-owned enterprises, in international practice, only refer to enterprises invested or controlled by the central government or the federal government of a country. In China, state-owned enterprises also include enterprises invested and controlled by local governments. The will and interests of the government determine the behavior of state-owned enterprises. As a form of production and operation organization, state-owned enterprises have the characteristics of both profit-making legal persons and public welfare legal persons. Its profitability is reflected in the pursuit of maintaining and increasing the value of state-owned assets. Its public welfare is reflected in the fact that the establishment of state-owned enterprises is usually to achieve the goal of national economic regulation and play a role in coordinating the development of all aspects of the national economy.